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A house in Fermo costs less than in other regional centers.

A house in Fermo costs less than in other regional centers.

A house in Fermo costs less than in other regional centers.

The number of real estate listings in the Fermo area has increased significantly recently. Apartments, houses and ruins are being bought and sold everywhere.

There is also an increase in demand for rentals, especially from September to May, due to the presence of the university and the high demand for rentals from students.

It is very difficult to find long-term rentals in Porto San Giorgio, real estate agents report, as this market is almost completely monopolized by seasonal rentals, which, incidentally, have a very high cost, and there are very few available options.

The real estate market in Marca is showing signs of slowing down in the third quarter of 2023. According to data collected by the quarterly watchdog''by the Marche housing market department, which operates using data collected by real estate company Immobiliare.it, in the last three months sales prices and rental values have increased by 2.5% and 7.7% respectively.

In the last three months, sales prices have remained stable (+0.8%), while rental values have decreased by 3.6%.

The Alkadia agency in Porto San Giorgio explains that young people between 20 and 31 years old are helped by subsidies intended for rental housing, for those who pay an annual rent of more than 991 euros.

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"This is a support measure for young people looking for their independence," comments agent Stefano Pallotti.

The average cost of buying a home in Marche is €1,711 per square meter, a''to rent requires 9.5 euros per square meter. The most expensive city in the region is Pesaro with an average price of 2,238 euros per square meter.

Most territories, in line with the regional trend, show a stable situation, with the largest increase in the third quarter in the province of Ancona, exceeding 2.4%. However, the city of Fermo loses 2.4% of demand.

In terms of demand, the leading sectors are Fermo with a 37% increase in the third quarter and the town of Ascili Piceno with a negative -18.1%.

The province of Pesaro and Urbino is the region's most expensive area to rent among all with an average price of 11.3 euros per square meter, an increase of almost 2% in the third quarter.

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