La Spezia Property Prices, Rents & Rental Yields

About La Spezia

La Spezia, set between the sea and the hills of Liguria, is a working port city with a compact urban core and easy access to the Cinque Terre and the Gulf of Poets. Its mix of waterfront views, transport links, and everyday services gives it a lasting appeal beyond the summer season.

August 2026 brings the clearest signal yet: prices are still rising year on year, but monthly momentum has cooled at the margin. Apartments average €205,000, while the average rent sits at €850, leaving yields at 6.29%. That combination points to a market where income remains solid, yet capital values are already moving higher enough to narrow the margin for new entrants.

The pricing trend is more nuanced than the headline suggests. The average sale price is up 13.9% compared with August 2025, and the average m2 price has increased 11.4% over the same period, even after edging down 1.1% month on month to €2,230. Rents are also higher than a year ago, up 6.3%, but unchanged from the prior month. For investors, the tension in La Spezia is straightforward: a steady rental base is meeting a stronger valuation backdrop, so yield looks attractive, but not immune to further compression if sale prices keep outpacing rents.