Buying property in Turin: prices, yields and districts in 2026

An apartment in Turin asks on average €2,225.8/m² in Q3 2026, according to CASAFARI Area Insights (asking prices from indexed listings, outliers excluded), up 7.6% on Q3 2025 and 19.5% since Q1 2023. That is roughly a third of Milan's level, an hour away by high-speed train, and the ISTAT house price index for Q2 2026 confirms Turin as the fastest-rising of Italy's large cities (+8.5% year on year). This is a market built by owner-occupiers and buy-to-let landlords, rather than second-home seekers.

Step off the Frecciarossa at Porta Susa from Milan or Lyon, walk beneath the nineteen kilometres of arcades towards Via Roma, and look in an estate agent's window. A two-bedroom flat of the size you might rent in Milan asks around a third of the capital outlay. For twenty years after its industrial downturn, Piedmont's capital remained stubbornly cheap. In 2026, the catch-up is well underway.

How much does an apartment cost in Turin?

In Q3 2026 (the quarter starting 1 July 2026, queried 23 October 2026), the average asking price for an apartment in the Comune di Torino reached €2,225.8/m² in CASAFARI Area Insights (location id 552356). That represents a 1.5% rise quarter on quarter (from €2,192.5/m² in Q2 2026), a 7.6% increase year on year (from €2,069.4/m² in Q3 2025), and a 19.5% climb across the fifteen complete quarters since Q1 2023 (€1,862.7/m²). The CASAFARI Area Insights figures in this guide reflect asking prices on indexed listings with statistical outliers excluded, not final notarised sale prices.

In practical money, a 70 m² flat at the city average asks around €156,000. In a city of 855,654 residents (ISTAT resident population at 1 January 2026), surrounded by a metropolitan area of 2,204,779 people, the city-wide mean is only a starting point. The price spread between a renovated apartment in a Liberty-era building in Crocetta and an unrenovated 1960s condominium in Barriera di Milano is several multiples.

For international buyers comparing northern Italian hubs, Turin sits at roughly a third of the price level described in our Milan property market guide. You can inspect the quarterly series and filter by micro-area directly in Area Insights.

Why are prices in Turin rising faster than anywhere else in Italy?

Turin's current momentum is a classic catch-up story. Following the contraction of its automotive industry in the 2000s and 2010s, the city's population shrank to about 350,000 below its 1974 peak, leaving housing under-priced for two decades compared with Milan, Rome or Bologna, another university city market. Now, with high-speed trains linking Porta Susa to Milano Centrale in about an hour, remote workers, academics and yield-seeking investors priced out of Lombardy are looking west.

Two independent sources confirm that growth has accelerated sharply over the past twelve months:

Metric & Source	Basis	Latest Reading	Previous Pace / Comparison
CASAFARI Area Insights (Q3 2026)	Asking prices (indexed listings)	+7.6% y/y (€2,225.8/m²)	Up from +2.0% y/y in Q3 2025 (€2,069.4 vs €2,027.9/m²)
ISTAT IPAB Index (Q2 2026, provisional)	Notarial deeds (transactions)	+8.5% y/y	Up from +3.8% y/y in Q1 2026; ahead of Rome (+6.4%), Milan (+2.4%) and Italy (+4.0%)

Transaction data show that domestic end-users anchor the market. According to the Agenzia delle Entrate OMI quarterly statistics for Q2 2025, the Comune di Torino recorded 4,325 normalised residential transactions (NTN), up 11.3% year on year. Fully 74.3% of buyers purchased with prima casa (primary residence) tax relief, 46.8% of private buyers used a mortgage, and only 3.0% of sales were new builds. Nationally, transaction volumes flattened to +0.1% year on year in Q2 2026 after +4.4% in Q1 2026 (OMI data cited by ISTAT), meaning Turin's price growth is now running ahead of broader Italian volume growth.

Public infrastructure has done much of the heavy lifting. The redevelopment of the Spina Centrale railway boulevard, the cultural conversion of the former OGR railway workshops, the transformation of Lingotto, and the southward extension of Metro Line 1 to Piazza Bengasi have shortened travel times and lifted formerly peripheral southern and western districts.

Which districts should a buyer look at?

Turin is laid out on a neat Roman and Baroque grid between the Alpine foothills to the west and the wooded hill across the River Po to the east. High-speed trains call at Porta Susa and terminate at Porta Nuova in the centre; Caselle airport lies 16 kilometres north.

Because city-wide averages mask wide local differences, buyers should examine district-level series in Area Insights before making an offer. In broad terms, the residential market divides into five profiles:

• Centro and Crocetta: The established prime addresses. Known for grand 19th-century and Liberty-style architecture, wide avenues and proximity to Porta Nuova, these districts sit at the top of the city's price range. They suit capital preservation and owner-occupation rather than high rental yield.
• San Salvario and Vanchiglia: Flanking the main campuses of the Università di Torino and the river, these dense, lively quarters have the strongest year-round demand for studios and one-bedroom flats from students, young professionals and visiting academics.
• The Politecnico corridor (Corso Duca degli Abruzzi, Cit Turin, San Paolo): Stretching west from Porta Susa around the Politecnico di Torino, this belt is core buy-to-let territory, with steady tenant demand from engineering students and researchers.
• Lingotto, Nizza Millefonti and Mirafiori Nord: In the south of the city, urban regeneration around the former Fiat complex and the Metro Line 1 extension to Bengasi have lifted prices from a low base, attracting first-time buyers and value-focused landlords.
• Aurora and Barriera di Milano: North of the centre, these post-industrial neighbourhoods remain among the cheapest in any major Italian city. They show high nominal yields and growing owner-occupation from Turin's long-settled foreign communities (who make up 16.3% of the city's population, or 139,250 residents at 1 January 2026, per ISTAT), alongside higher management and refurbishment risk.

What do flats rent for, and what yield can an investor expect?

In Q2 2026, the indicative average asking rent for an apartment in Turin stood at €14.1/m²/month in CASAFARI Area Insights, up 5.2% on Q2 2025 (€13.4/m²/month) and 15.6% above Q1 2024 (€12.2/m²/month). A note on data quality: the rental series is noisier than the sales series, with repeated readings in Q1–Q2 2024 (€12.2) and Q1–Q2 2025 (€13.4) suggesting thinner listing coverage in those periods, and identical upward spikes to €15.7/m²/month in both Q4 2025 and Q3 2026 against neighbouring quarters of €13.3–€14.3. The chart below shows the unsmoothed quarterly readings so investors can see both the trend and the volatility.

Using the steadier Q2 2026 reading of €14.1/m²/month against that quarter's €2,192.5/m² asking price gives an indicative gross rental yield of about 7.7% (or roughly 8.1% using a four-quarter average rent against Q3 2026 prices). That is roughly double what a landlord can expect in Milan. Keep in mind that this is a gross figure based on asking rents and asking prices: net returns will be lower once you deduct municipal property tax (IMU on non-primary homes), non-recoverable condominium charges, void periods, agency fees and income tax.

Tenant demand is underpinned by the city's two public universities, a growing service sector and the 16.3% foreign-resident population. In a large municipality such as Turin, transitional tenancy contracts must respect the rent bands set by the local accordo territoriale. Before bidding on a rental investment, check the individual unit against closed and asking comparables using CASAFARI's valuations, Comparables and market studies and review our tools on CASAFARI for property investors.

Can you let a Turin flat on Airbnb? The rules in 2026

Events such as the Nitto ATP Finals, Artissima and Salone del Gusto, alongside cultural sights like the Egyptian Museum, support a short-stay market in central Turin. However, national and municipal rules tightened considerably in 2025 and 2026:

• Mandatory CIN registration: Since 1 January 2025 (under art. 13-ter of D.L. 145/2023, converted by L. 191/2023), every property let for tourism or under a short-term contract (locazione breve, up to 30 days) must hold a Codice Identificativo Nazionale (CIN) from the Ministry of Tourism's BDSR database and display it on every online listing. Fines for letting without a CIN reach €8,000, and all guests must be reported to the police via the Alloggiati Web portal.
• Higher tax and the three-unit business threshold: Under the 2026 Budget Law (Legge 30 dicembre 2025 n. 199; see short-let rules 2026: CIN and cedolare secca (in Italian)), the flat-rate cedolare secca tax on short lets stands at 21% on one nominated unit and 26% on a second unit. From 1 January 2026, letting a third unit short-term in the same tax year triggers a legal presumption of business activity, requiring VAT registration (partita IVA) and chamber of commerce filings.
• Higher Turin tourist tax: Under Regolamento comunale n. 349, the Città di Torino tourist tax rates for hosts, from 1 April 2026, rose to €3.80 per guest per night (up from €2.30) for locazioni turistiche e brevi, payable for up to 7 consecutive nights.

For most non-resident buyers, spreadsheet models built on 2023 Airbnb margins no longer hold. Given that standard residential rents already deliver indicative gross yields above 7%, medium-term student or professional lets are often simpler to manage.

What does it cost to buy, and can foreigners buy in Turin?

When buying a resale flat from a private seller in Italy, purchase taxes are calculated on the property's official cadastral value (valore catastale), which in Turin is typically well below the market asking price. Under long-standing Agenzia delle Entrate rules in force since 2014:

• Prima casa (primary residence): 2% registration tax on the cadastral value (minimum €1,000), plus €50 fixed mortgage tax and €50 fixed cadastral tax.
• Second home or investment property (private seller): 9% registration tax on the cadastral value, plus €50 and €50 fixed taxes.
• New build from a developer: VAT (IVA) applies to the agreed purchase price instead, at 4% for a prima casa or 10% for an investment property, alongside fixed registration, mortgage and cadastral taxes.

On top of tax, budget for the notary's fee, sworn translation if you do not speak Italian, and estate agency commission (customarily paid by both buyer and seller in Italy and negotiable). The purchase follows the standard national sequence—binding offer (proposta d'acquisto), preliminary contract (compromesso) with deposit, and final deed (rogito)—covered in buying property in Italy: the national guide. Under general Italian law, EU citizens buy without restriction, while non-EU citizens may purchase if they hold a valid Italian residence permit or if their home country grants reciprocal rights to Italian citizens; your notary will verify reciprocity before the compromesso. Non-resident buyers should also note that Italian banks offer lower loan-to-value ratios to applicants earning abroad.

Pay close attention to building fabric. A large share of Turin's housing stock consists of 1950s–1970s condominiums with low energy performance (classes F and G). Rising renovation costs and the EU Energy Performance of Buildings Directive are widening the price gap between refurbished flats and unmodernised units.

What could go wrong? Risks for buyers and investors

Every catch-up market carries risks that a careful buyer should weigh:

• Asking prices are not closing prices: In a market where asking prices rose 7.6% in a year, sellers' expectations can run ahead of what local buyers can finance. Always cross-check asking prices against OMI transaction bands and the ISTAT deed index.
• Flattening national volumes: While Turin grew strongly through 2025, national residential transactions slowed to +0.1% year on year in Q2 2026 (ISTAT/OMI). Price rises unsupported by rising transaction volumes tend to moderate.
• Demographic headwinds: Turin's population growth in 2025 (+0.3% to 855,654 at 1 January 2026, ISTAT) relied entirely on net migration (+7,466) to offset a negative natural balance (−5,008 births vs deaths), and 26.1% of residents are aged 65 or over.
• A two-speed city: Growth is heavily concentrated in regenerating metro corridors such as Lingotto, San Paolo and Nizza Millefonti, while peripheral northern blocks can struggle with liquidity and condominium arrears.
• Regulatory drift on short lets: Annual changes to national tax thresholds and municipal tourist taxes make short-term letting a moving target.

How to track Turin prices with CASAFARI

Whether you are buying a single investment flat near the Politecnico or advising an institutional fund, you can track Turin's micro-markets using CASAFARI's data tools. Use Area Insights to follow quarterly sale and rent series by district, Comparables to value a specific apartment against current and historical listings, and Property Sourcing across Italian portals to see every clean, deduplicated listing on the market.

For data teams and developers, the exact series used in this guide can be queried programmatically via the Area Insights API documentation and the Comparables and valuation API documentation using location id 552356 (resolved from 'Torino' via Location Lookup), or queried in natural language through Casafari MCP. API and MCP usage is measured in tokens. To explore Turin's districts and run your first valuation, create an account on the CASAFARI platform.