After two years of slowdown, 2024 marked a turning point for Italy’s mortgage market. According to the Real Estate Market Observatory of the Italian Revenue Agency, in the 2025 Mortgage Report, the past year saw a clear recovery in loan issuance for property purchases.
In 2024, the total volume of mortgages issued rose to almost 109 billion euros, a 21.5% increase from 2023. This substantial growth reflects renewed momentum in the real estate market. Additionally, it highlights a stronger willingness among households and investors to purchase residential properties.
Residential Properties Drive Growth
An analysis of the distribution of mortgaged properties shows that around 71% involve residential (RES) units. When mixed residential-use deeds are included, the share rises to 90% of the total. In 2024, mortgaged residential properties increased by 6%, while the financed capital grew by 8.7%. Overall, these figures confirm the recovery of the home-mortgage market and point to positive prospects for 2025. These positive expectations are supported by growing interest in buying residential properties and greater credit availability from the banking sector.
Growing International Interest
This positive trend is also evident among foreign nationals and non-residents seeking to buy property in Italy. According to Sky TG24 (September 2025), based on data from the previous year, the number of international buyers securing mortgages to finance their Italian real estate purchases is steadily rising. The mortgage market is becoming more inclusive and diversified, with significant growth in both European and non-European applicants. This increase reflects a growing interest from people around the world in settling in Italy and investing in its property market.
Tourism Strengths and Investment Opportunities
The strength of Italy’s tourism sector is helping make home purchases in the country an attractive investment opportunity rather than just a residential choice. This dynamic is drawing a growing number of foreign buyers. In fact, they view the Italian real estate market as a safe and profitable option. Many of them choose to finance their purchase through mortgages issued by Italian banks, benefiting not only from competitive interest rates but also from increasingly streamlined, digitalized procedures that simplify access to credit, even for those living abroad. In this context, banking intermediation plays a key role in facilitating and improving the efficiency of real estate investments for international clients.
The expanding base of foreign borrowers highlights how Italy’s mortgage market is becoming more international and inclusive, offering opportunities to a diverse clientele, supported by specialized credit intermediaries that help foreign citizens secure home loans.
The strategic role of credit intermediaries in mortgage access for non-residents in Italy
Data from the Bank of Italy on mortgage applications and approvals, nationally and regionally, highlights key trends in the Italian mortgage market. Studies on specific segments, such as mortgage requests from foreign buyers for property types like penthouses, provide additional insights. Overall, most mortgages in Italy are requested and granted to Italian residents. The share of non-resident borrowers remains smaller but notable in certain segments. However, more detailed data collected by credit intermediaries on their own clients reveal that the share of non-residents applying for a mortgage through intermediation is significantly higher. This indicates that non-residents tend to rely on intermediaries when seeking credit. In other words, mortgages granted to non-residents represent a small share of the national total. Nevertheless, their incidence is much greater among brokered loans.
Non-residents – particularly foreign buyers – often face complex administrative procedures, language barriers, and limited direct access to Italian banks. In this context, Top Italian Mortgage serves as a reliable and trusted point of reference, offering structured guidance and in-depth market knowledge, enabling many international clients to navigate a complex process with clarity and confidence.