{"id":86364,"date":"2023-10-20T14:50:43","date_gmt":"2023-10-20T12:50:43","guid":{"rendered":"https:\/\/www.we-wealth.com\/?post_type=news&p=86364"},"modified":"2024-03-14T13:17:33","modified_gmt":"2024-03-14T12:17:33","slug":"comprare-casa-a-roma-quartieri-a-confronto","status":"publish","type":"news","link":"https:\/\/wp.we-wealth.com\/en\/news\/comprare-casa-a-roma-quartieri-a-confronto","title":{"rendered":"Buying a House in Rome: a Comparison of Neighborhoods"},"content":{"rendered":"
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The premium residential sector is thriving, but the real estate sector linked to bank credit is facing difficulties. The real estate market in Rome is moving at two speeds, as revealed in the Milan\/Rome Market report for the first half of 2023, conducted by Engel & Völkers in collaboration with Nomisma’s scientific support.
\n“Despite the overall negative indicators in the real estate market, the premium market continues to show vitality,” explained Luca Dondi, CEO of Nomisma, commenting on the real estate market trends in the capital. “The high-end segment of the market, not dependent on credit and therefore not deterred by rising interest rates, still enjoys strong demand. Conversely, the number of transactions that rely on bank support has decreased.”<\/p>\n

Demand Overview: Strong Foreign Investor Interest in Rome<\/h2>\n

There is consistently high demand from foreign investors, primarily from Northern Europe. According to experts, foreign demand has been directed towards properties in prestigious areas such as Pinciano, Parioli, Trieste, and the EUR district. The EUR district, in particular, has seen increased interest due to ongoing redevelopment initiatives, making it one of the most sought-after areas for foreign buyers looking for investment properties. There has also been interesting demand for smaller properties intended for hospitality or student accommodation, especially in neighborhoods like San Lorenzo and Bologna. “In general, we expect an increase in investors interested in income-generating properties and a market recovery, thanks in part to the Jubilee and the interventions planned under the National Recovery and Resilience Plan (PNRR), which will undoubtedly stimulate overall city improvement,” commented Helio Cordeiro Teixeira, Managing Director of Engel & Völkers’ Market Center in Rome, which opened a new branch in Cinecittà on September 19.<\/p>\n

Market Numbers: A Comparison of Neighborhoods<\/h2>\n

Historic Center of Rome<\/h3>\n

In 2023, the trend of decreasing transactions in the historic center continues, but it has not impacted selling prices, which have seen growth in the most prestigious locations. The report specifically mentions a renewed interest in the Aventino area. When it comes to investment purchases, the focus has been on the Trastevere and Testaccio districts, known for their vibrant nightlife and attractiveness for short-term rentals. Regarding pricing, in the historic center, renovated homes range from 3,000 to 10,000 euros per square meter in the most exclusive neighborhoods.
\nIn the Prati-Vatican area, prices range from 4,200 to 7,000 euros per square meter for newly renovated homes.<\/p>\n

North Rome<\/h3>\n

In North Rome, average prices have remained stable on a semi-annual basis, except for Parioli, Trieste-Salario, and Talenti-Monte Sacro, which have experienced an increase. Here, costs vary from 2,700 to 7,000 euros per square meter for new or newly renovated homes.<\/p>\n

West Rome<\/h3>\n

Prices for properties in West Rome have also remained stable across all neighborhoods, whether for new or newly renovated homes or those in need of renovation. Sale values range from 2,700 to 4,100 euros per square meter for new or newly renovated properties and from 2,300 to 3,600 euros per square meter for those in need of renovation. The most popular areas are Monteverde Nuovo and Gianicolense.<\/p>\n

South Rome<\/h3>\n

In South Rome, there has been a slight increase in prices compared to the previous semester, except in the Torrino neighborhood where prices have remained stable. Prices in South Rome range from 2,400 euros per square meter in the Laurentino area to 4,800 euros per square meter in San Giovanni\/Appio Latino and EUR for new or newly renovated properties.<\/p>\n","protected":false},"excerpt":{"rendered":"

While transactions have decreased, prices remain stable in almost all areas of Rome. The average price per square meter for a property in Rome West starts at 2,300 euros and goes up to 10,000 euros per square meter (on average) for the most exclusive neighborhoods in the capital. There is a strong demand from foreign investors, especially from Northern Europe<\/p>\n","protected":false},"author":1,"featured_media":87014,"template":"","categories":[2256,2269],"tags":[],"collana-video":[],"class_list":["post-86364","news","type-news","status-publish","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"\nBuying a House in Rome: a Comparison of Neighborhoods | WeWealth<\/title>\n<meta name=\"description\" content=\"While transactions have decreased, prices remain stable in almost all areas of Rome. 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