{"id":6731,"date":"2026-04-23T14:30:17","date_gmt":"2026-04-23T14:30:17","guid":{"rendered":"https:\/\/www.italyacasa.it\/sanremo-i-quartieri-storici-tra-valore-e-fragilita\/"},"modified":"2026-04-23T14:34:22","modified_gmt":"2026-04-23T14:34:22","slug":"sanremo-i-quartieri-storici-tra-valore-e-fragilita","status":"publish","type":"post","link":"https:\/\/www.italyacasa.it\/en\/sanremo-i-quartieri-storici-tra-valore-e-fragilita\/","title":{"rendered":"Sanremo, historic districts between value and fragility"},"content":{"rendered":"

La Pigna, Coldirodi, Poggio: three identities, three markets<\/h1>\n

by Luigi Ragone<\/h3>\n

Sanremo is not a uniform market.
And if there is one part of the city where this is most evident, it is precisely in its historic areas<\/strong>.<\/p>\n

La Pigna, Coldirodi and Poggio represent three completely different interpretations of the same concept: historical identity does not automatically translate into real estate value<\/strong>.<\/p>\n

<\/h2>\n

La Pigna: historical value that is no longer enough<\/h2>\n
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Founded around the year 1000, La Pigna developed as a defensive structure, with a compact urban layout designed to resist Saracen incursions.
It is, without doubt, one of the most authentic historic centers in Liguria.<\/p>\n

But the real estate market operates under different rules than history.<\/p>\n

The numbers<\/h3>\n
    \n
  • Average values: around \u20ac1,400 \u2013 \u20ac1,900\/sqm<\/strong><\/li>\n
  • Among the most affordable microzones in the city<\/li>\n
  • Recent trend: declining<\/strong><\/li>\n<\/ul>\n

    Economic interpretation<\/h3>\n

    La Pigna is affected by three structural factors:<\/p>\n

      \n
    • limited accessibility<\/li>\n
    • functional constraints (stairs, internal layouts, parking)<\/li>\n
    • higher perceived risk by the average buyer<\/li>\n<\/ul>\n

      The key point:
      historical identity does not automatically translate into real estate liquidity<\/strong><\/p>\n

      Urban transformation is required. Without it, value remains compressed.<\/p>\n

      <\/h2>\n

      \u00a0Coldirodi: local identity, undervalued market<\/h2>\n
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      Located on the hill between Sanremo and Ospedaletti, Coldirodi is a medieval village with a strong agricultural and landscape identity.<\/p>\n

      The numbers<\/h3>\n
        \n
      • Average price: around \u20ac3,400\/sqm<\/strong><\/li>\n
      • In line with the city average<\/li>\n
      • Wide range: \u20ac2,600 \u2013 \u20ac4,400\/sqm<\/strong><\/li>\n<\/ul>\n

        Economic interpretation<\/h3>\n

        Coldirodi is an interesting case:<\/p>\n

          \n
        • not prime<\/li>\n
        • not in decline<\/li>\n
        • not fully liquid<\/li>\n<\/ul>\n

          It is a hybrid market<\/strong>.<\/p>\n

          It performs well when it attracts:<\/p>\n

            \n
          • residential buyers<\/li>\n
          • international buyers seeking authenticity<\/li>\n
          • demand for views, tranquility and space<\/li>\n<\/ul>\n

            But it struggles with:<\/p>\n

              \n
            • purely financial investors<\/li>\n
            • standardized buyers<\/li>\n<\/ul>\n

              Translation:
              fair value, but not yet fully expressed<\/strong><\/p>\n

              <\/h2>\n

              Poggio: stability without acceleration<\/h2>\n
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              Poggio is a historic hamlet with a strong residential and agricultural character, part of the Sanremo hillside system.<\/p>\n

              The numbers<\/h3>\n
                \n
              • Average values: around \u20ac1,700\/sqm<\/strong><\/li>\n
              • Trend: stable<\/strong><\/li>\n<\/ul>\n

                Economic interpretation<\/h3>\n

                Poggio represents a typical case of:
                \na market outside polarization<\/strong><\/p>\n

                It does not grow, but it does not decline either.<\/p>\n

                Why?<\/p>\n

                  \n
                • predominantly local demand<\/li>\n
                • low speculative pressure<\/li>\n
                • limited exposure to external flows<\/li>\n<\/ul>\n

                  It is a \u201clateral\u201d market:<\/p>\n

                    \n
                  • low risk<\/li>\n
                  • limited growth<\/li>\n<\/ul>\n
                    \n

                    \u00a0Three districts, three market logics<\/h2>\n
                    \n
                    \n\n\n\n\n\n\n\n
                    Area<\/th>\nPositioning<\/th>\nTrend<\/th>\nWeaknesses<\/th>\nOpportunities<\/th>\n<\/tr>\n<\/thead>\n
                    La Pigna<\/td>\nPure historic<\/td>\nDeclining<\/td>\nAccessibility, perception<\/td>\nRegeneration<\/td>\n<\/tr>\n
                    Coldirodi<\/td>\nResidential hybrid<\/td>\nVariable<\/td>\nLiquidity<\/td>\nSelective revaluation<\/td>\n<\/tr>\n
                    Poggio<\/td>\nStable residential<\/td>\nFlat<\/td>\nLimited demand<\/td>\nStability<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n
                    \n

                    The strategic takeaway<\/h2>\n

                    These three areas highlight a fundamental point:<\/p>\n

                    there is no longer a single \u201cSanremo market\u201d<\/strong>
                    there are deeply different micro-markets<\/strong><\/p>\n

                    And above all:<\/p>\n

                    value today depends on usability, not on history<\/strong><\/p>\n

                    <\/h2>\n

                    Outlook<\/h2>\n
                      \n
                    • La Pigna<\/strong>: high potential, but only with structural intervention<\/li>\n
                    • Coldirodi<\/strong>: possible selective revaluation<\/li>\n
                    • Poggio<\/strong>: stability, unlikely acceleration<\/li>\n<\/ul>\n

                      <\/h2>\n

                      Buying in these areas does not mean making the same investment.<\/h4>\n

                      It means choosing between:<\/p>\n

                        \n
                      • value to transform (La Pigna)<\/strong><\/li>\n
                      • value to interpret (Coldirodi)<\/strong><\/li>\n
                      • value to preserve (Poggio)<\/strong><\/li>\n<\/ul>\n

                        And in today\u2019s market, that difference is everything.<\/p>\n

                        \n","protected":false},"excerpt":{"rendered":"

                        La Pigna, Coldirodi, Poggio: three identities, three markets by Luigi Ragone Sanremo is not a uniform market.And if there is one part of the city where this is most evident, it is precisely in its historic areas. La Pigna, Coldirodi and Poggio represent three completely different interpretations of the same concept: historical identity does not […]<\/p>\n","protected":false},"author":3,"featured_media":6729,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[218,140,116,219],"tags":[228,229,230],"class_list":["post-6731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analisi-dati","category-casa-in-italia-en","category-immobiliare-en","category-mercato-immobiliare","tag-coldirodi","tag-pigna","tag-poggio"],"acf":[],"yoast_head":"\nSanremo, historic districts between value and fragility - Italyacasa<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.italyacasa.it\/en\/sanremo-i-quartieri-storici-tra-valore-e-fragilita\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sanremo, historic districts between value and fragility - Italyacasa\" \/>\n<meta property=\"og:description\" content=\"La Pigna, Coldirodi, Poggio: three identities, three markets by Luigi Ragone Sanremo is not a uniform market.And if there is one part of the city where this is most evident, it is precisely in its historic areas. 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