Carovigno Property Prices, Rents & Rental Yields

About Carovigno

Carovigno, in Brindisi province, blends whitewashed historic streets, olive country, and easy access to the Adriatic coast. For housing investors, it sits at the meeting point of everyday coastal living and a distinctly southern Italian landscape, with the town and its surroundings both shaping appeal.

August 2026 brings the clearest signal: prices are easing slightly, but income metrics remain strong. The average house sale price stands at €232,000, down 1.3% on the month, while the average price per square metre is €1,930, down 0.9%. That softer monthly tone matters because it comes after a year in which house values still rose 3.1%.

The tension is between firmer rent growth and a modest pullback in purchase prices. Average rent is €1,500, unchanged from the previous month but up 11.1% year on year, while the market’s reported yield is 11.25%. In practical terms, that combination suggests August is not a story of accelerating capital values, but of a market where rental performance remains supportive even as entry prices have edged lower. For investors watching timing, Carovigno’s housing market is showing a rare mix of annual appreciation and short-term price softness.