News / Insights

According to the latest analysis by the Italian Revenue Agency, as of December 31, 2024, the Italian real estate portfolio registered in the land registry exceeded 79 million properties (or portions thereof). Of these, nearly 68 million are urban properties with a cadastral income. Another 3.8 million belong to categories that do not generate income, such as urban areas, rooftop terraces, or properties under construction (category F). Added to these are approximately 7.1 million non-registerable common assets: these are shared properties that, while an integral part of the buildings, do not generate income.

The real estate stock grew by 0.7% compared to the previous year, with an increase of approximately 525,000 units. Nearly 90% of this vast portfolio is owned by individuals, while just over 10% is owned by legal entities.

The composition is heavily dominated by residential properties (Category A), which account for over half of the total, followed by commercial properties and residential appurtenances (Category C), which together make up just over 40%. The remaining categories include properties for collective or public use—such as schools, hospitals, and public offices—and properties for special purposes, including factories and industrial or tertiary buildings. The picture is rounded out by properties with specific uses, such as stations, religious buildings, and funeral facilities.

In terms of total assessed value, which exceeds 38 billion euros, the largest share is concentrated in categories A and C. Noteworthy is group D, which, despite representing a small portion of the stock, accounts for nearly 29% of the total due to the weight of industrial and manufacturing properties.

The profile of Italian housing shows a clear prevalence of residential, affordable, and public housing types, with an average floor area of approximately 118 square meters and significant variations by category and geographic area.

Offices and private practices—approximately 650,000 units—generate a total income of nearly 1.5 billion euros. Public-use properties, such as schools and hospitals, show growth and reach a total income of approximately 1.4 billion. The commercial sector comprises over 29 million units, primarily garages, parking spaces, basements, and attics, with an income exceeding 6 billion euros. Finally, Category F—which includes non-income-generating properties such as urban areas, units under construction, or in a state of disrepair—represents a substantial portion of the real estate stock, despite generating no income.

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