Rapallo Property Prices, Rents & Rental Yields

About Rapallo

Rapallo, on the Ligurian coast in Genoa province, combines a sheltered seafront setting with easy access to the Tigullio area. Its compact urban core, marina, and hillside backdrop make it a distinctive address for apartments with both everyday use and seasonal appeal.

July 2026 brings the clearest signal in Rapallo’s apartment market: prices have eased, while rental levels remain comparatively firm. The average sale price stands at €220,000, after a monthly decline of 4.3%, and the average price per square metre is €2,750, also down 4.3% over the month. Against that softer pricing backdrop, the average rent price is €1,450, only 2.1% lower month over month.

The result is a market where the income side still supports investment, even as purchase values reset. The current yield of 8.7% reflects that tension well, suggesting that rental return remains the main counterweight to recent price weakness. On a broader view, the average sale price and average price per square metre are unchanged year over year, while rents are down 3.3%, pointing to a market that is adjusting more through monthly movement than through a deeper annual repricing. For investors, July 2026 looks less like a breakout month and more like a period of recalibration.