Buying Guide Details
Buying Property in Rome
Where to buy property in Rome
Buying a property in the Italian capital is a process quite unlike buying a property in the UK. There is a big difference between the working practices of estate agents in the two countries, and though it is possible to do some research by phone or internet, face to face consultancy is the accepted norm in the city. The process can be labour intensive and frustratingly slow, but that does not stop an increasing number of UK property buyers considering buying property for sale in Rome.
Though property prices are very high, for most people it is in the central districts of the city that they will be looking to buy property. Proximity to the cultural and institutional hotspots is key, whether as a holiday home or, perhaps more importantly, to ensure the maximum investment returns from rental.
There are a number of sources of potential rental income. Tourism is a year-round industry in Rome and with so many of the major sights and places of interest in the centre of the city, most visitors look for a base as close to them as possible. There is a huge student population, so property close to the university buildings will be in demand from them. Politics and business is also concentrated in the capital, so there is a long-term professional market that also needs rented property.
Considering the reason for your purchase and the kind of tenant you are looking for should be key points behind your choice of a property in Rome. Although your property in Rome will certainly not be cheap, there is no reason why the efforts and money put in to buy property should not bring very satisfying results in the long run.
Read our articles about buying property in Italy:
well as our overseas news stories affecting the property market in Italy or view our range of property for sale in Rome.
Buying property in Rome Province
