Castiglione della Pescaia real estate market

Engel & Völkers talks about the property market trends of the tourist area of Castiglione della Pescaia

The Italian real estate market went through several crisis periods, included the Covid-19 pandemic. 

Today, our experienced real estate agent Laura Cravero helps us understand how the market of the sought-after destination Castiglione della Pescaia is changing.

Hello Laura, in which area of Tuscany Maremma do you work?

Hi! I take care of the brokerage of properties located within Castiglione della Pescaia municipality, especially Vetulonia, Buriano and the exclusive Roccamare area.

Which are the trends of the real estate market of your area? 

Following a decrease due to the economic crisis (2008 - 2017), prices have remained more or less the same in recent years. Since early 2020, the demand keeps growing. Today, we are experiencing a slight upward trend of properties cost.

How did the Covid-19 pandemic affect the demand for holiday homes?

The Covid-19 emergency pushed the demand for holiday homes located in a quiet place. The property should feature a private garden, a beautiful terrace and wide rooms. The closer the house is to the beach, the better. Of course, Castiglione della Pescaia area can satisfy these requests. Starting from the 2020 lockdown, many escaped here to work in home office immersed in the beauty of Tuscany Maremma.

Who is Engel & Völkers Castiglione della Pescaia - Argentario potential buyer? What type of property is he/she looking for?

The typical customer interested in buying a holiday home in Castiglione della Pescaia is a family with children looking for Tuscan villas or country-houses  with swimming pools. Most of them are Italians coming from Tuscany, as well as from Rome and northern cities. We receive a lot of requests also from foreigners. They are mainly Germans and Swiss interested in apartments in the town center or stone country-houses maximum 15/20 km from the sea. The average budget is between 300,000 and 700,000 euros. In addition, we also have a clientele searching for prestigious properties worth more than one million euros. However, beaches and the historic center must be maximum 30 minutes away.

Engel & Völkers is one of the world’s leading service companies specialized in the brokerage of premium residential property, commercial real estate, yachts and aircrafts. Consultancy, sales and leasing form the core competences of the staff of more than 10,000 people. The company is currently operating in over 30 countries on 5 continents. 

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