Real Estate in Rome and Lazio

Lazio region known since ancient times as a land rich in its traditions. If Rome is rightly capital metropolis known as a catalyst of tourist interest from around the world, we can not forget the numerous and picturesque towns and lakes Lazio, is considered a real gem. Tourism Lazio will discover the hospitality of local people, wonderful nature, consisting of natural parks, lakes, coastline, medieval towns, which keep their traditions.

Lazio property market remains one of the “hot” in the country, the largest number of deals going on here, although the bulk of 75% is Narim. The economic crisis has affected the real estate market. In 2011, the total number of transactions in the region decreased by 20%, this situation has not been observed in the last twenty years, we know that the real estate sector is one of the major economic sectors in Italy, 80% of Italians are the owners of such property, in contrast to the Germans, of whom only 43% owned housing. One reason for the stagnation of the real estate market is the difficulty in obtaining a mortgage, to which resort in Italy has always been a challenge.

Thus the favorable time to purchase real estate and foreign investment, the market offers a lot of interesting and owners are more willing to go to the auction, though prices generally remained stable (there was decrease by 5-10% in the region). So the most economical accommodations are available in the province of Rieti (1450 euros / sq m), in the suburbs of Rome 4000-5000 prices per sq.m.

Residential accommodation in Rome

Price per square meter in the center of Rome are the highest, even compared to Milan, although incomes are lower than in Milan. This trend is due to the uniqueness of the historic center of Rome, a great climate, convenient transportation access. Most in demand at this time are mini-suites, studios, a maximum of two bedrooms in the historic center and prestigious areas, the beautiful buildings, preferably with a terrace or balcony, you have a preference based on the location of the customer, not the area in square meters.

Since Rome is a big city (population 4,000,000, the length of the ring road of 100 km), there is a large difference in prices between regions. In the prestigious central districts such as Paroli, Prati, Monteverde, Aventine, Trieste, Fleming prices remain stable, and at the periphery of the city there is a tendency to fall.

(statistics taken from a review of “Territorial real estate agency” for the 1st semester 2011)