Matera province Property Prices, Rents & Rental Yields

About Matera province

Matera province blends dramatic ravine landscapes, historic hill towns, and a deeply layered built environment that continues to distinguish it within southern Italy. For property investors, the area’s appeal lies in its place identity as much as in its housing stock, with apartments reflecting a market shaped by heritage and location.

August 2026 points to a clear tension in Matera province’s apartment market: values have softened in the near term even as longer-term pricing remains firmer. The average sale price stands at €135,000, after a monthly decline of 2.9%, while the average price per square metre is €1,350, also down 2.9% on the month. Against that short-term easing, the annual picture is still mildly positive, with the average sale price up 3.8% year on year and the average m2 price edging up 0.7%.

Rental performance has moved in the opposite direction. The average rent is €630, down 3.1% both month on month and year on year, which keeps income growth under pressure. Even so, the current yield of 7.8% suggests apartments in Matera province still offer a meaningful return profile, though the recent drop in rents appears to be narrowing the gap between gross income and price trends. For August 2026, the message is less about rapid appreciation than about a market balancing modest annual gains against softer short-term pricing.