Belluno province Property Prices, Rents & Rental Yields

About Belluno province

Belluno province combines Alpine scenery, historic towns, and a strong northern Italian identity shaped by mountains, valleys, and year-round outdoor access. For apartments, that setting continues to support a market narrative tied to place value as much as to price movement.

August 2026 stands out first for its pricing momentum: the average sale price is up 4.2% from the previous month and 16.5% year over year, reaching €198,000. On a per-square-metre basis, the market is also firmer, with the average at €1,940 after a 2.2% monthly increase and a 14.2% annual gain. That combination points to a market where ownership costs are moving higher in step with broader repricing, not drifting sideways.

The tension for investors is that rents are not keeping pace. The average rent price is €2,200, unchanged month over month and down 8.3% from a year earlier. Against a yield of 15.23%, Belluno province presents a clear contrast between stronger capital values and softer rental progression. For apartment buyers, August’s signal is less about immediate income acceleration and more about how quickly sale prices have advanced relative to rent trends.