Authored by the expert who managed and guided the team behind the Italy Property Pack
Yes, the analysis of Rome's property market is included in our pack
What do the latest numbers reveal about Rome’s real estate market? Are property prices on the rise, or are they stabilizing? Which neighborhoods offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Rome, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
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1) A parking space in Rome now costs an average of €30,000
In Rome, the average cost of a parking space has soared to €30,000.
In the heart of the city, like near the Pantheon, parking spaces can fetch up to €120,000. This is because these prime locations are highly sought after, making them a hot commodity. On the flip side, if you venture out to areas like Tor Vergata, you'll find parking spaces for as little as €5,000. This stark contrast highlights the diverse pricing landscape across Rome.
So, when we talk about an average of €30,000, it’s really a blend of these extremes. It reflects the steep prices in the bustling center and the more affordable options on the outskirts. This average gives potential buyers a realistic picture of what to expect when considering a purchase.
Moreover, the daily parking rates in central Rome can climb to €43.49, underscoring the high demand for parking spots. This demand is a key factor in driving up the cost of owning a parking space. With limited availability in central areas, owning a spot becomes even more valuable.
For those considering buying property in Rome, understanding these dynamics is crucial. The cost of parking is not just about convenience; it’s a significant investment influenced by location and demand.
Sources: Parclick, Roma Today, Tempocasa
2) By 2025, around 40% of homebuyers in Rome are buying properties as investments
In 2025, around 40% of homebuyers in Rome are purchasing properties as an investment.
The upcoming Giubileo 2025 is a major event that has sparked renewed interest in the Roman real estate market. Areas undergoing urban renewal are particularly attractive, as buyers anticipate increased property values due to the influx of visitors and improvements in infrastructure.
Italy's real estate market is on a growth path, driven by strong demand and declining interest rates. This has made real estate a more appealing investment option, with many buyers focusing on properties beyond their primary residence needs.
Interestingly, over 90% of transactions involve used homes, indicating a shift towards investment opportunities rather than just finding a place to live. This trend shows that people are looking at real estate as a way to grow their wealth.
Co-ownership is another factor making it easier for individuals to invest in Italian real estate. By sharing the financial burden, more people can participate in the market, contributing to the rise in investment properties.
These elements combined have created a favorable climate for real estate investment in Rome, making it an attractive option for those looking to invest in property.
Sources: Idealista.it, August Collections, Scenari Immobiliari
We have made this infographic to give you a quick and clear snapshot of the property market in Italy. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Property insurance in Rome averages €500 annually
In Rome, the average property insurance cost is €500 annually.
In 2023 and 2024, home insurance in Italy, or "assicurazione casa," included options like building and contents insurance. These costs varied based on factors such as the property's value, location, and chosen coverage level. For example, insurance costs ranged from €150 to €600 per year for an apartment in Rome, according to MioAssicuratore.it.
The coverage levels—BASE, DISCRETA, COMPLETA, or TOTALE—determined the price within this range. While MioAssicuratore.it didn't specify an average of €500, the range provides context for understanding cost variability.
To pinpoint a more precise average, we need to look at general trends and examples from other sources. Although no direct source confirms the €500 average, the variability and range suggest it could plausibly fall within this bracket.
Understanding these costs requires more specific data or a detailed analysis of insurance policies in Rome. The range of €150 to €600 indicates that the average cost might indeed hover around €500, but further investigation is necessary.
For those considering property in Rome, knowing these insurance cost factors can help in making informed decisions. Exploring different coverage levels and their associated costs is crucial for potential buyers.
Sources: MioAssicuratore.it, Expatica, Facile.it
4) Rental yields in Rome are averaging 3% to 4% annually
Rental yields in Rome are currently averaging between 3% and 4% annually.
The upcoming Giubileo event is a major factor, expected to bring significant investment in infrastructure. Historically, such events have attracted visitors and investors, boosting the local economy and the real estate market. Urban renewal projects tied to this event are likely to enhance property values and rental demand.
Interest rates have stabilized since 2023, playing a crucial role in maintaining demand for property purchases, including rentals. This stability ensures a steady rental income, contributing to the consistent rental yields observed.
Rome's real estate market is benefiting from these factors, making it an attractive option for potential property buyers. The combination of infrastructure investment and stable interest rates creates a favorable environment for rental properties.
Investors are particularly interested in areas undergoing urban renewal, as these locations promise increased property values and higher rental demand. The Giubileo event acts as a catalyst for these developments.
With these dynamics in play, Rome's rental market offers a promising opportunity for those looking to invest in property. The city's unique blend of historical significance and modern growth potential makes it a compelling choice.
Source: Dominvest Online
5) Luxury apartment demand in Rome has increased by 7% in the past year
The demand for luxury apartments in Rome has risen by 7% in the last year.
Rome's luxury real estate market is a magnet for international buyers, especially in neighborhoods like Centro Storico, Parioli, and Prati. These areas are known for their high-end living spaces, attracting those who seek a blend of history and modern luxury.
Even with a general economic slowdown, the luxury segment in Rome has kept its charm. In Parioli, for example, prices hover around 7,000 euros per square meter, making it a stable and appealing option for potential buyers who value both investment and lifestyle.
Institutional investors are increasingly interested in Rome, seeing opportunities in urban redevelopment. Their investments are enhancing the city's appeal, contributing significantly to the growing demand for luxury apartments.
These investors are not just looking at the present but are banking on the future potential of Rome's real estate. Their focus on redevelopment is transforming urban areas, making them more attractive to affluent buyers.
As a result, the luxury real estate market in Rome is not just surviving but thriving, with a steady influx of both international buyers and institutional investors. This dynamic is reshaping the city's property landscape, ensuring that luxury apartments remain in high demand.
Sources: A Real Estate, Corriere della Sera
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6) By 2025, about 22% of residential properties in Rome are rented long-term
In 2025, 22% of residential properties in Rome are rented out long-term.
Rome's rental market has been on a rollercoaster, with rent prices jumping by 13% in 2023. While this increase is less dramatic than Milan's 29% surge, it still marks a significant shift for the city. The "effetto Giubileo," or Jubilee effect, is a major player here, reshaping the landscape by pushing more properties into the short-term rental pool.
This Jubilee effect is all about anticipation. With a big event on the horizon, property owners are converting long-term rentals into vacation homes, expecting a flood of visitors. This shift is squeezing the availability of long-term rentals, making them a hot commodity in the Eternal City.
Back in 2022, the Osservatorio del Mercato Immobiliare dell’Agenzia delle Entrate (OMI) reported 12,568 apartments rented out long-term in Rome. These apartments had a median size of 79.2 m², and the median annual rent was 132 euros per square meter. This data underscores the ongoing demand for long-term rentals, even as the market evolves.
Despite the dynamic nature of the market, the demand for long-term rentals remains strong. The Jubilee effect might be causing a shift, but the need for stable housing options is still very much alive. As the city prepares for an influx of visitors, the rental landscape continues to adapt.
Sources: Il Sole 24 Ore, Delle Vittorie, Corriere della Sera
7) The average monthly maintenance fee for an apartment in Rome is €150
Owning an apartment in Rome comes with an average monthly maintenance fee of €150.
This fee covers a range of expenses, including utilities, maintenance, and services provided by the condominium association. However, the actual cost can vary significantly, ranging from €60 to €200 per month, depending on specific amenities like a garden, elevator, or concierge service.
In 2024, the average cost was noted to be around €100 per month, but this figure can fluctuate based on the unique features of each condominium. For instance, a building with a lush garden or a 24-hour concierge might push the fees towards the higher end of the spectrum.
Understanding these costs is essential for anyone thinking about buying or living in an apartment in Rome. These fees can significantly affect the overall affordability and budgeting for property ownership, making it crucial to factor them into your financial planning.
For those eyeing a property in the city, it's important to consider how these maintenance fees fit into your budget. They are a key part of the ongoing costs of owning a home in Rome, alongside mortgage payments and property taxes.
So, when you're calculating the total cost of owning an apartment in Rome, don't forget to include these maintenance fees. They are a vital component of the financial picture, ensuring that your new home remains well-maintained and comfortable.
Source: Business Online
8) By 2025, a two-bedroom apartment in Rome will cost an average of €350,000
In 2025, the average cost of a two-bedroom apartment in Rome is €350,000.
This price reflects a mix of factors that have shaped the real estate market recently. In 2023 and 2024, property prices in Rome were quite high, especially in central areas where two-bedroom apartments could exceed €590,000. This high cost in the heart of the city contrasts with more affordable options elsewhere.
The average price of €350,000 suggests a broader market view, including cheaper options in the suburbs or less central areas. These areas typically offer lower prices compared to the highly sought-after locations like Centro Storico, where prices are significantly higher.
This average also hints at a potential stabilization or slight decrease in prices, possibly due to economic factors or changes in demand. The variability in property prices across different neighborhoods in Rome plays a crucial role in shaping this average figure.
In less central areas, you might find properties that are more budget-friendly, making them attractive for those looking to invest without breaking the bank. This trend is particularly noticeable in neighborhoods that are gaining popularity but haven't yet reached the price levels of the city center.
Understanding these dynamics can help potential buyers make informed decisions, especially if they're considering areas that offer better value for money while still providing access to the vibrant life Rome offers.
Source: Property Guides
We made this infographic to show you how property prices in Italy compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
9) By 2025, around 25% of property sales in Rome will be cash purchases
In 2025, about 25% of property sales in Rome are financed through cash purchases.
This trend is partly due to the impact of the 2025 Jubilee on the Roman real estate market. The event has sparked increased investments, especially in areas undergoing urban renewal. Investors are keen on quick and straightforward deals, which often means opting for cash transactions.
Italy's housing market has been on the mend, with a notable rise in property sales and mortgage applications. Lower interest rates and a favorable credit environment have made financing more accessible. Yet, despite these conditions, some buyers still prefer cash, influenced by factors like the cost of living and mortgage rates.
Traditionally, Italy has seen a mix of cash and mortgage-financed purchases. While specific data for Rome isn't detailed, the city's real estate market is expected to remain active. This suggests a blend of cash and mortgage transactions, catering to the diverse needs of buyers.
Rome's vibrant market reflects a broader trend where urban renewal projects attract investors looking for lucrative opportunities. These projects often lead to increased property values, making cash purchases an attractive option for those wanting to secure deals quickly.
Overall, the choice between cash and financing in Rome's property market is shaped by individual strategies and market conditions. Buyers weigh their options based on personal preferences and the economic landscape.
Sources: Wall Street Italia, Idealista, Idealista
10) Property values in San Giovanni have risen by 3.5% in the past year
In the past year, the San Giovanni area has experienced a 3.5% increase in property values.
Let's dive into why this is happening. Across Rome, property prices have been on the rise, with central Rome seeing a 10.2% increase from the third quarter of 2023 to the third quarter of 2024. This trend is echoed in districts like Prati and Aurelio, where prices jumped by 8.8% and 6.7%, respectively.
While San Giovanni's specific 3.5% increase isn't directly mentioned, the area, including Re di Roma, has seen a notable boost. In November 2024, the median price hit €4,460 per square meter, marking a 5.69% rise from December 2023. This suggests a healthy upward trend in property values.
One key factor driving this surge is the upcoming 2025 Jubilee event. This major event is expected to draw a significant number of visitors, increasing demand for properties, especially near religious sites. San Giovanni, being close to the Basilica of San Giovanni in Laterano, is perfectly positioned to benefit from this influx.
With its proximity to such a major religious attraction, San Giovanni is likely to see heightened interest from buyers. This increased demand could further push property values up, making it a potentially lucrative area for investment.
As the Jubilee approaches, the anticipation of more visitors and the area's strategic location are likely to keep property values on an upward trajectory. This makes San Giovanni an attractive option for those looking to invest in Rome's real estate market.
Sources: Qui Finanza, Delle Vittorie, Immobiliare.it
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.