2025: The ideal time to purchase on Lake Garda

2025 has begun with good news for those looking to buy a home: mortgage rates are on the decline, making this period especially advantageous for those looking to take the big step toward property ownership. According to the latest data, the average mortgage rate dropped to 3.10% in December 2024, a significant improvement from 4.42% at the end of 2023. But what does all this mean for those dreaming of a new home, perhaps on Lake Garda?

Why do favorable rates make a difference?

The drop in interest rates is great news for those looking to finance their home purchase with a mortgage. Lower rates make monthly payments more manageable and accessible, enabling more families to achieve their dream of owning a home. Additionally, these favorable conditions could give the real estate market a new boost.

According to the monthly report from ABI (Italian Banking Association), the 10-year IRS rate, one of the main variables used to calculate fixed mortgage rates, has risen slightly, reaching 2.5% in January 2025 compared to 2.23% at the end of 2024. This suggests a stability that allows access to fixed-rate mortgages with still competitive conditions.

Tips for those interested in buying a home on Lake Garda

If you are considering buying a home, it is worth considering a fixed-rate mortgage. Recently, many fixed-rate mortgage offers have been introduced, providing stability and predictability in monthly payments throughout the loan term. Current projections suggest the most attractive fixed rates range from 2.40% to 2.50%, with loan terms between 25 and 30 years. Alternatively, those who prefer a variable-rate mortgage might benefit from a lower initial rate, but it is important to note that this type of mortgage is subject to fluctuations based on market trends.

A real estate market on the rise

The resurgence of mortgages is bringing positive trends to the real estate market, especially in attractive locations like Lake Garda. With favorable rates, an increasing number of people are considering investing in a second home or relocating to one of the beautiful towns surrounding the lake.

With its expertise in the Lake Garda real estate market, Gardaffare provides a diverse selection of properties for those seeking to buy in this beautiful region. Whether you are looking for a lakeview apartment or a villa surrounded by nature, there is a perfect option to suit every need.

The right time to buy a house is now

If buying a new home is your goal for 2025, there is no better time to start your search. With favorable interest rates and an increasingly promising market, your dream home may be closer than you think. Trust Gardaffare to help you find the perfect property on Lake Garda and take advantage of this particularly advantageous market phase.