Living in Stadium areas

Living near the stadium costs almost 5 thousand euros per square meter in Rome and Milan (but less than 1500 in Turin)
According to an analysis by Immobiliare.it, buying a house within a 20-minute walk of the main football arenas has variable prices. Above the neighborhood average in the capital and in the Lombardy capital, but below, among others, in Bologna, Florence and Bergamo.
Stadiums are among the most recognizable modern architecture in our cities. The historic ones were built in areas that at the time represented the city outskirts, but over time, thanks to urban expansion, they actually found themselves part of the city center. But is buying a house in the immediate vicinity of the stadium more or less expensive than the average in the surrounding area? This was asked by Immobiliare.it, which compared the average cost of houses within a 20-minute walk of the main Serie A stadiums with the average price of the reference neighborhood.
The most expensive solutions...
The most expensive solutions near a stadium are found in Rome near the Olimpico, where buying a house costs almost 5 thousand euros per square meter, around 10% less, however, than the rest of the neighborhood whose average price is around around 5,500 euros per square meter. Milan follows: to live near the legendary Meazza stadium - also known as San Siro, from the name of the neighborhood - you need more than 4,400 euros per square metre, 6.4% more than the rest of the area, which costs around 4,170 euros per square metre. m2.
Third place for the area surrounding the Artemio Franchi stadium in Florence, located in the Campo di Marte district: those who want to buy a house in the surrounding area must budget just under 4,100 euros per square meter, still saving around 10% compared to the average price of the area, which is around 4,500 euros per square meter.
...and those less so.
You drop below the threshold of 4,000 euros per m2 to live near the Dall'Ara stadium in the Saragozza district of Bologna: 3,400 euros per m2. And it is a figure, however, cheaper (-8%) than the average of the reference neighborhood, where it takes over 3,700 euros per square meter to buy a house.
Those looking for a house within walking distance of the Maradona stadium in the Fuorigrotta district of Naples must spend around 2,820 euros per m2, 60 euros per square meter more than the average for the area (2,760 euros per m2). 2,160 euros per m2 are needed for live near the Gewiss Stadium in Bergamo, home of Atalanta, and this figure is almost 14 percentage points higher than the amount needed to buy a house in the area: 1,900 euros per m2. 1,780 euros per m2 – below the 2,000 euro threshold per square meter therefore - this is what it takes to buy a house near the Bentegodi stadium in Verona, a lower figure (-10.6%) compared to the average for the neighborhood: 1,990 euros per square meter.
The amount to budget to buy in the immediate vicinity of the Ferraris stadium in Genoa - better known as Marassi, from the name of the neighborhood that hosts it - is 1,350 euros per square meter, very close, even if slightly higher (+1.7% ), compared to that of the area: 1,330 euros per square meter. Only 1,255 euros per square meter to live near the Allianz Stadium, in the Vallette district of Turin, a figure approximately 4% cheaper than that needed to buy a house in the area: 1,310 euros per square meter.

«The news has recently arrived that the two main clubs in Milan, Inter and AC Milan, have officially presented the projects for the new stadiums that will be built in Rozzano and San Donato Milanese respectively, two municipalities that are part of the metropolitan city – comments Carlo Giordano, board member of Immobiliare.it –. If, on the one hand, the construction will pose challenges in terms of managing the flow of people, on the other, the economic activities accompanying the stadium, such as shops and restaurants, will generate interesting related activities for the neighbourhood, attracting further investments which will to increase the attractiveness for the housing market".