Italy

Modena

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Modena insights

AspectSummary
Population186,000
Average Property Price€2,500 per square meter
Rental Yield5.5%
Average Rent€750 per month for a 2-bedroom apartment
Occupancy Rate95%
Capital Growth Rate3% annually
Property Tax0.1% - 0.9% of property value
Transaction Costs7% - 10% of the property price
Expected ROI8% annually
Economic Growth ImpactStable growth due to tourism and local industries