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Frascati


Italy - Rome & Surroundings

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Frascati - Rome & Surroundings

Frascati is a city in central Italy, which is only 20km southeast of Rome in the area of Mount Albans. Frascati has always been a holiday resort for the wealthy Roman families. From the antiquity, some were built magnificent summer residences on the heights, offering magnificent panorama on Rome and its surroundings. The latter became a place of refuge because they constituted real fortresses, hence its nickname "Castelli Romani". Frascati is also known for its know-how and production of white wine, of which the most famous is "The wine of Frascati" which is one of the most interesting in Italy. In addition, the city is home to several scientific research centers, such as the European Space Research Institute.

Market overview

The Rome real-estate market represents, with the one of Milan, almost 70% of the Italian housing sales. In 2006, the residential market reached its peak regarding the annual sales but due to the 2007 crisis, this market was considerably impacted. Since 2014, the sector has started to rise and this increase may stabilize over the years. This growth is favoured thanks to low interest rates on mortgage loans. Besides, since 2008, prices have been lower, which is a major advantage for investors. Despite the previous elements, the Rome real-estate market is particularly attractive for foreign investors. It is the perfect time to invest and realize a nice capital gain in the next few years.

Who buys?

The main investors who choose Italy as the country to purchase a property equally come from the United Kingdom and Italy. The majority of the other investors come from Russia and the rest of Europe.

Buying basics

It is possible to buy a property in Italy if you respect the various administrative formalities. It is highly recommended to contact a professional of the real-estate sector. The signature of the sales contrat must be held before a notary. The latest will deal with the writing of the contract, the transaction registration as well as the payment of various taxes (such as the local property, the capital gains, the wealth and inheritance taxes).

The PRESTIGE MLS agents

Rome & Surroundings
Discover Hotspots in Rome & Surroundings
As the famous saying states it:"All roads lead to Rome" and this exceptional city has a lot to offer thanks to its 28 centuries of history. Rome, the capital of Italy, is situated in the Latium region, in the center of the country and next to the Tiber river. Nicknamed the "Eternal City", Rome is also the capital of Catholicism as it includes the enclave Vatican (the headquarters of the papacy), which has been an independent state since 1929.Rome is truly an open sky museum by itself as it has preserved a true architectural cohesion. Antique temples and amphitheaters are parts of the  town planning. The countless churches are testament to the early stages of Christianity, along with the sumptuous Renaissance Palaces, the fountains and sq...

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