Buying real estate in Rome?

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12 market data about Rome's real estate market (2025)

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Authored by the expert who managed and guided the team behind the Italy Property Pack

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Yes, the analysis of Rome's property market is included in our pack

Curious about what the future holds for Rome's real estate market? You're in the right place. As we look ahead to 2025, understanding the trends and data shaping this historic city's property landscape is crucial for investors, buyers, and enthusiasts alike.

What are the key statistics you need to know? How is the market expected to evolve? And what opportunities might arise?

In this article, we'll delve into 12 essential market data points that will give you a comprehensive view of Rome's real estate scene in 2025.

Actually, we know this market inside and out. We keep tabs on it regularly, and all our discoveries are reflected in the most recent version of the Italy Property Pack

12 Key Market Data Points About the Real Estate Market in Rome

Here is a detailed analysis of the real estate market in Rome, covering average rents, yields, price per square meter (sqm), and more.

  • Average Rent:

    The average rent for an apartment in Rome varies significantly depending on the neighborhood. In central areas like Trastevere or Centro Storico, rents can range from €20 to €30 per square meter per month. In more suburban areas, such as EUR or Monteverde, rents are typically lower, ranging from €12 to €18 per square meter per month.

  • Rental Yields:

    Rental yields in Rome can vary based on location and property type. In prime areas, yields are generally lower, around 2% to 3%, due to higher property prices. In contrast, peripheral areas might offer yields of 4% to 5%, making them attractive for investment purposes.

  • Price Per Square Meter:

    The price per square meter in Rome's city center can be quite high, ranging from €5,000 to €8,000. In less central areas, prices are more affordable, typically between €2,500 and €4,000 per square meter.

  • Price Per Square Foot:

    For those more familiar with square feet, the price in central Rome can range from €465 to €743 per square foot. In suburban areas, prices are lower, ranging from €232 to €372 per square foot.

  • Market Trends:

    Rome's real estate market has shown resilience, with a steady demand for properties in historical and central areas. However, there is a growing interest in suburban areas due to better affordability and larger living spaces.

  • Property Types:

    Rome offers a variety of property types, from historical apartments in the city center to modern villas in the outskirts. The choice of property type can significantly affect the price and rental yield.

  • Investment Opportunities:

    Investors are increasingly looking at short-term rental opportunities, especially in tourist-heavy areas. This can lead to higher yields compared to long-term rentals.

  • Renovation Costs:

    Renovating a property in Rome can be costly, especially in older buildings. Costs can range from €500 to €1,500 per square meter, depending on the extent of the renovation and the quality of materials used.

  • Property Taxes:

    Property taxes in Rome are relatively moderate. The IMU (Imposta Municipale Unica) is the main property tax, and rates can vary based on the property's cadastral value and location.

  • Transaction Costs:

    Buying a property in Rome involves several transaction costs, including notary fees, registration taxes, and agency fees. These can add up to 7% to 10% of the property's purchase price.

  • Demand Drivers:

    Rome's real estate demand is driven by its historical significance, tourism, and a stable local economy. The city's universities and international organizations also contribute to a steady demand for rental properties.

  • Future Outlook:

    The future outlook for Rome's real estate market is positive, with expected growth in both property values and rental demand. However, potential investors should be aware of regulatory changes and market fluctuations.

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What You Need to Know Before Investing in Rome's Real Estate Market (2025)

What is the average price per square meter in Rome's city center?

As of 2025, the average price per square meter in Rome's city center is approximately €8,500.

This figure represents a slight increase from previous years, reflecting the ongoing demand for properties in central locations.

Prices can vary significantly depending on the specific neighborhood and proximity to historical landmarks.

How has the rental yield changed in Rome over the past year?

The rental yield in Rome has seen a modest increase, currently averaging around 3.5%.

This change is attributed to a growing demand for rental properties, particularly among expatriates and young professionals.

Investors are advised to consider neighborhoods with higher rental demand to maximize returns.

What are the most popular neighborhoods for property investment in Rome?

Trastevere, Monti, and Testaccio are among the most sought-after neighborhoods for property investment in Rome.

These areas offer a blend of historical charm and modern amenities, attracting both locals and international buyers.

Investors should also consider emerging neighborhoods like Pigneto, which are gaining popularity due to their vibrant cultural scenes.

How does the property tax rate in Rome compare to other Italian cities?

Rome's property tax rate is relatively competitive, with an average rate of 0.76% of the property's cadastral value.

This rate is comparable to other major Italian cities, making Rome an attractive option for property investors.

Potential buyers should consult with a local tax advisor to understand specific tax obligations and exemptions.

What is the average time it takes to sell a property in Rome?

On average, it takes about 120 days to sell a property in Rome, depending on the location and market conditions.

Properties in prime locations tend to sell faster, often within 90 days.

Sellers are encouraged to price their properties competitively and ensure they are well-presented to attract buyers.

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What are the current trends in Rome's luxury real estate market?

The luxury real estate market in Rome is experiencing a surge in demand, particularly for properties with historical significance.

Buyers are increasingly interested in properties that offer unique architectural features and modern amenities.

Investors should be aware of the premium prices associated with these high-demand properties, often exceeding €15,000 per square meter.

How does the availability of financing options affect property purchases in Rome?

Financing options in Rome have become more accessible, with banks offering competitive mortgage rates averaging around 2.5%.

This has encouraged more buyers to enter the market, particularly first-time homebuyers and international investors.

Potential buyers should explore different financing options and consult with financial advisors to secure the best terms.

What impact has tourism had on Rome's real estate market?

Tourism has significantly influenced Rome's real estate market, driving demand for short-term rental properties.

Areas close to major tourist attractions have seen increased property values and rental rates.

Investors should consider the potential for rental income from tourists when purchasing properties in these areas.

Are there any government incentives for property buyers in Rome?

The Italian government offers various incentives for property buyers, including tax deductions for energy-efficient renovations.

First-time homebuyers may also benefit from reduced registration fees and favorable mortgage terms.

Buyers should research available incentives and consult with legal experts to take full advantage of these opportunities.

What are the potential risks of investing in Rome's real estate market?

Investing in Rome's real estate market carries risks such as market volatility and regulatory changes.

Buyers should be aware of potential issues related to property maintenance and local zoning laws.

Conducting thorough due diligence and seeking professional advice can help mitigate these risks.

How does the cost of living in Rome affect property investment decisions?

The cost of living in Rome is relatively high, influencing property investment decisions, particularly for expatriates and retirees.

Investors should consider the overall affordability of living in Rome, including expenses such as utilities, transportation, and groceries.

Understanding these costs can help buyers make informed decisions about their property investments.

What are the long-term growth prospects for Rome's real estate market?

Rome's real estate market is expected to experience steady growth, driven by ongoing urban development and infrastructure projects.

The city's rich cultural heritage and strategic location continue to attract both domestic and international investors.

Investors should consider the long-term potential for capital appreciation when purchasing properties in Rome.