Belluno province Property Prices, Rents & Rental Yields

About Belluno province

Belluno province lies in northern Italy’s Dolomites, where mountain towns and valleys define its setting. For apartment investors, that alpine context is distinctive, but sale prices and rents still determine the income calculation.

In October 2026, the central signal is a split between apartment sale prices and rents. The average sale price stands at €205,000, up 10.8% year over year, while the average rent price is down 20.0% over the same period. For an investor, this combination points to a tougher relationship between acquisition cost and rental income than either movement suggests on its own. It does not show what any individual apartment will sell or rent for.

The reported yield is 13.5%, keeping the potential income return in view despite the decline in the rent benchmark. Yet a single yield reading cannot establish whether that return is achievable on a particular purchase or whether rents have found a floor. Reading it alongside the opposing annual price movements is more useful than treating it as a standalone verdict on the province.

For apartment comparisons in Belluno, the practical question is whether an individual purchase price and a supportable rent produce the return an investor requires. The published figures provide a starting point for that calculation, not a forecast. They call for checking each property’s numbers against the same tension: stronger sale pricing and a weaker rental benchmark.