Luxury homes: a boom in requests in rome that goes beyond london and new york

Rome: the demand for luxury homes drags the real estate market of the capital Rome, the eternal city, has beaten Milan, London, Paris and New York for the sale of luxury homes. In fact, over the last 25 years, Roman dream homes have almost quintupled their value, managing to drag the real estate market of the Lazio region.

According to the Italian region, after Lombardy, with regard to the number of trades at national level, Lazio, with 60,500 transactions recorded in 2017, represents 11% of the sales of our country. Further increases are expected in 2018, but luxury properties are the most attractive. In particular, compared to the other 4 large cities in the world, such as Milan, London, Paris and New York, the Italian capital seems to have no rivals. In fact, in the last 5 years, the value of prestigious homes has increased by 22%, while in Milan by 14.3%.

Despite being hit by the real estate crisis of recent years, the exclusive buildings of the Eternal City continue to be a source of interest for both Italian and foreign investors, who appreciate the finishes, the location, the size, but especially the city in which they are located . In fact, the luxury residences of the Lazio region are real concentrates of history and buying them means immersing oneself in the art, culture and architectural style of the Eternal City.

The data reported by the 2018 Report on the real estate market developed by Scenari Immobiliari, therefore, are a clear demonstration of how the luxury market in Rome, but in reality throughout the Lazio region, does not know any crisis. Even Frosinone, Latina, Rieti and Viterbo, in fact, recorded strong growth. We, too, of Luxforsale, record an increase in prices on Lazio in general but mainly on Rome City, preferably in the city center, or those homes that are real monuments habitable.

Buyers are either private individuals or groups or companies. Most of the Italians are private, but we see a considerable increase in foreigners coming from every part of the world: Northern Europeans, Americans, but also approaches by Russians, Arabs and Chinese. Funds, groups or companies, on the other hand, are looking for properties for representative office use, but above all for properties to be used as income.

This latest data confirms that the trend that sees a 22% increase in prices on Rome over the last 5 years is destined to grow further. The prices of the 191 buildings in Rome on Luxforsale are very important, if it is true that almost 30% have a value of more than 2.5 million euro. Another significant fact of the reason why the properties in the capital are strongly sought, is that which shows us that in Rome, compared to other competing cities (Milan in particular) we can find a wide range of offers. Not only apartments that represent almost 42% of luxury properties on www.luxforsale.it, but also penthouses (40.31%), villas (26.17%) and buildings (3.66%).

Veronica Caliandro - Luxforsale.it