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Prati

Italy - Rome & Surroundings

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Prati - Rome & Surroundings

The residential neighbourhood of Prati is a commercial area with many stores and places, and it was developed at the end of the 20th century with large linear streets and sidewalks. This is the perfect area for families as it is a welcoming district with a peaceful atmosphere and convenience shops. Situated next to the Vatican, even if Prati seems to be a little remote from the center of Rome, it is actually a few steps away thanks to a bridge which leads to Campo Marzio and Downtown.

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).

Low Season
Nov 01 - Mar 31

Even if Rome can be visited all year long, the period from November to March is mainly rainy and temperatures are colder. However, during these months Rome is less frequented by tourists so it is the perfect time to peacefully discover the city. Besides, prices are lower, except during the affluence period of Christmas and Mardi Gras.

High Season
Apr 01 - Oct 31

From April to October, it is the best moment to enjoy Rome as the weather is particularly favourable and places are less crowded in April/May and in September/October. However, during the Holy Week in Easter and the Rome marathon, millions of tourists converge to Rome to attend these international events.

Peak Season
Jul 01 - Aug 31

The months of July and August correspond to the hottest period in Rome, with suffocating temperatures. But the numerous "Nasoni" fountains, with fresh and drinkable water, allow to quench your thirst between two tours.

Piazza Cavour

This place, created in 1876, was named in honour of one of the most important personalities, Camillo Benso, who was Count of Cavour and also the first board chairman of the Italian Kingdom during the 18th century. On this place, there is a garden, which was designed by Nicodemo Severi between 1895 and 1911 and there is also a bronze statue which is an allegory of Italy and Rome and of the Thought and Action.  It represents Camillo Cavour, who was called "Weaver" as he took an active part in the Italian unification. Besides, you will discover, still on the Cavour square, the Adriano Theater, which opened in 1898 and the Chiesa Valdese, which was built in 1914 by Bonci and Rudelli in a surprising style mixed between Romanesque-German and Byzantine-nouveau.

Sacro Cuore del Suffraggio Church

This Roman church was dedicated to Sacred-Heart and is known as the "little cathedral of Milan" for its rich Neo-gothic style. It was entrusted to the Missionaries of Jesus Sacred Heart. Built in 1894, it suffered from a fire in 1897 which only left smoke on the altar and it revealed an indisposed face surrounded by flames. It was interpreted as a sign from souls asking for prayers.

Italian Courthouse

Built in 1888 by the architect G. Calderini, it is one of the main monuments created after the proclamation of Rome as capital of Italy. This building is home to the Supreme Court of Cassation as well as the Rome Bar Counsil and a law library. It is nicknamed "Palazzaccio" (dirty palace) due to numerous suspicions of corruption linked with architectural excess, unusual dimensions and excessive decorations.

The PRESTIGE MLS agents

Matilde CARTONI
Director
Live in it
Raoul SARGHINI
Director
IMMOBILI DI PRESTIGIO
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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