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).
