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Property investment in Genoa, Italy

2026 Market Data & Investment Analysis

Gross Yield

6.99%

Annual rent / price

Median Home Price

€140,000

As of 2026-Q1

Median Monthly Rent

€816

Per month

Population

568,687

-0.8% / yr (5y avg)

Estimates based on median market data. Actual returns depend on your specific property. Source: Immobiliare.it / ISTAT / Agenzia delle Entrate (OMI), 2026-Q1.

Calculate your rental yield in Genoa

Pre-filled with Genoa's median values. Adjust to match your specific property.

Property Details

Total acquisition cost before taxes

HOA, insurance, property management

%

% of time the property is empty

%

% of purchase price (e.g. 2% = 2)

% of price

Rule of thumb: 1% of purchase price/yr

Results

Gross Rental Yield

6.99%

Net Rental Yield

3.93%

Cap Rate

3.93%

Monthly Cash Flow

€458.53

Annual Cash Flow

€5,502.40

> 6% — Excellent4–6% — Good< 4% — Low

Genoa rental market at a glance

Median Home Price — 5-Year Trend

2020
€1,860
2021
€1,840
2022
€1,810
2023
€1,790
2024
€1,768
2025
€1,750

Median Monthly Rent — 5-Year Trend

2020
€10
2021
€10
2022
€10
2023
€10
2024
€10
2025
€10

Genoa delivers the highest gross rental yield among Italy's major cities — around 7% — because property prices remain among the lowest in Northern Italy while rents have climbed steadily.

Genoa provides solid rental yields of 6.99%, in line with healthy investment market benchmarks.

Declining population of 0.8% per year may pose risks to long-term rental demand. Investors should focus on established neighborhoods with stable tenant bases.

The vacancy rate of 6.1% is healthy, indicating strong rental demand and limited downtime between tenants.

What type of investment market is Genoa?

Cash Flow Market

Genoa is a cash flow-focused market where high rental yields can generate strong monthly income. Lower population growth means price appreciation may be limited, making this primarily an income play.

Strengths

  • High gross yield of 6.99% supports strong monthly cash flow
  • Lower entry prices relative to rents reduce upfront capital needed
  • Income-driven returns are less dependent on market timing

! Risks

  • Limited price appreciation potential reduces total return
  • Declining population may increase vacancy risk over time

Key Metrics

Gross Yield6.99%
Median Home Price€140,000
Median Monthly Rent€816
Population Growth-0.8% / yr
Vacancy Rate6.1%

How does Genoa compare to nearby cities?

Genoa vs Turin: 0.2 percentage point difference in gross yield.

CityMedian PriceMedian RentGross YieldPop. Growth
Turin€176,000€1,0006.82%-0.3%
Milan€456,000€1,8964.99%+0.8%
Pisa€200,000€1,0406.24%+0.6%
Livorno€144,000€8407%-0.3%

Common questions about investing in Genoa

Is rental investing profitable in Genoa?
Yes, Genoa offers a gross rental yield of 6.99%, which is above the national average of around 5–6%. With a median home price of €140,000 and median monthly rent of €816, the numbers support profitable rental investing — though your specific results depend on financing terms, expenses, and property management.
What is the average rental yield in Genoa?
The average gross rental yield in Genoa is approximately 6.99%, based on a median home price of €140,000 and median monthly rent of €816 (as of 2026-Q1). Net yield, which accounts for vacancy, expenses, and maintenance, is typically 2–3 percentage points lower.
How does Genoa compare to Turin for investors?
Genoa has a gross yield of 6.99% compared to 6.82% in Turin, a difference of 0.2 percentage points. Genoa offers higher current income potential, making it more attractive for cash flow-focused investors.

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