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As the year draws to a close, it’s the perfect time to assess progress and venture some predictions.
We asked Maria Rosaria Cotugno, owner of the real estate agency “Housing,” to share insights on the state of the luxury market in her focus area (Naples and the Amalfi Coast) and her forecasts for the upcoming year.
What is the current trend in the real estate market in your agency's area of focus?
Housing Studio primarily operates in Naples, covering the Chiaia, Posillipo, and Central districts, as well as the islands and the Amalfi Coast. This year, the real estate market in these areas has experienced a price increase due to growing demand and a shortage of properties, influenced by the development of the tourism and hospitality industry in recent years.
Based on your experience, have you identified a specific clientele profile that turns to your real estate agency?
Housing Studio caters to a mid-to-high-income clientele. Predominantly, clients purchase properties with strong growth and return potential as investments.
Which types of properties are most in demand right now?
The most sought-after properties are medium to large-sized units suitable for conversion into hospitality ventures.
What motivated you to form a partnership with Luxforsale for your real estate agency?
Over the past year, we recognized the need to list certain unique properties on international real estate channels.
Based on your experience in the sector, what are the possible future developments of the luxury real estate market in your area of focus and in general?
Naples is currently in the global spotlight for its history, cinema, art, and culture in a broad sense. Its luxury real estate market, along with that of the islands—Capri in particular—and the Amalfi Coast, is attracting interest not only from affluent Neapolitan buyers but also from national and international real estate investors, as well as from real estate crowdfunding initiatives.
