How much do you have to spend today to buy or rent a property in the province of Latina?
According to the latest data from June 2019, the two opposing realities were Sperlonga and Prossedi regarding sales, and Ponza and Cori regarding rentals:
The Municipality of Sperlonga, renowned for being the pearl of the Tyrrhenian Sea, reached 5,427 euros per square meter in June 2019, while the Municipality of Prossedi recorded 519 euros per square meter. Two opposing realities that must be contextualized based on a fundamental aspect: Sperlonga is a purely tourist destination. In between, ranging between the maximum and minimum, the other Municipalities moved at an average of 1,983 euros per square meter. In Gaeta, for example, the cost was 3,040 euros per square meter, while in Formia it was 2,129 euros.
The above concerned the sale of a house, but if we look at rental properties instead, the Municipality of Ponza is in first place with 75.10 euros per month per square meter, and in last place is the Municipality of Cori with 4.91 euros per month per square meter. The fundamental variable here as well concerns tourism. Gaeta stands at an average of 19.75 euros while Formia is at 6.62 euros.
The seaside resorts are those reaching the highest peaks, while the hill towns maintain lower costs.
The general average for real estate sales in the Province of Latina was therefore 1,983 euros per square meter, recording a decrease of 1.77% compared to the previous year. This data is a long way from May 2014, when a peak of 2,329 euros per square meter was recorded.
