Why New Apartments in Rome Are a Smart Investment
The real estate market in Rome offers unique characteristics. Unlike many other European capitals where new builds are common, new construction in Rome is rare and highly sought after. The historical center of the city almost exclusively offers renovated properties, leaving modern residential complexes to be built in emerging green districts with excellent infrastructure.
Buying a newly built apartment in Italy offers significant advantages. These homes are delivered fully finished, eliminating the need for additional investment in renovations. The properties are equipped with smart home systems that control climate, energy consumption, and security, providing comfort and savings on utility bills.
Investing in new builds in Rome is a reliable option. According to market statistics, Italian real estate prices have risen by 7% since 2017, and the city’s strong tourist appeal guarantees steady rental income. This makes purchasing a property not only a lifestyle choice but also a sound financial investment.
The Corner: A New Era in Development in the Axa District
The Axa district deserves special attention from real estate buyers. Situated between Rome and the Tyrrhenian Sea, Axa is a perfect blend of urban convenience and natural tranquility. Just a 20-minute drive connects residents to both the historic center of Rome and the sandy beaches of the Mediterranean coast.
Axa is a green, peaceful neighborhood chosen by those who value quality of life. It boasts excellent infrastructure, including schools, daycare centers, shopping malls, and sports facilities. The proximity to nature, clean air, and easy access to central Rome make Axa an ideal location for families and those seeking a balanced, yet vibrant lifestyle.
The Corner is a next-generation residential project that brings modern European-style living to Axa. The complex comprises 21 residences, each designed with meticulous attention to detail. Spacious apartments with terraces or private gardens, high-quality finishes, and smart home technologies ensure a true sense of comfort.
The architecture of The Corner reflects a philosophy of attention to detail. The developer has ensured that every aspect, from the facades to the security systems, meets the highest standards. Whether you are looking for a cozy apartment for a young couple or a spacious residence with a garden for a family, this complex offers something for every lifestyle.
Apartment Finishes and Features
The apartments in The Corner residential complex offer modern, high-quality finishes, ensuring both luxury and functionality. Each apartment is designed to provide the ultimate in comfort and efficiency, with attention to every detail.
Interior Finishes:
Flooring: The living spaces are equipped with top-quality porcelain stoneware tiles, carefully selected for both durability and style. The floors in the bedrooms are finished with warm, natural wood laminate, offering a cozy and elegant touch.
Walls: The interior walls feature smooth, white finishes, providing a clean and minimalist aesthetic that allows for flexible personalization. The bathrooms are adorned with high-quality ceramic tiles in neutral tones, ensuring a timeless design that complements the modern aesthetic of the home.
Kitchens: The kitchens come fully equipped with the latest appliances, including built-in ovens, induction cooktops, and premium-range dishwashers. The countertops are made from durable, modern materials such as quartz or marble, designed for both beauty and practicality. Cabinets are built to maximize storage while maintaining a sleek and streamlined look.
Bathrooms: The bathrooms feature contemporary fixtures, including elegant walk-in showers with glass panels, sleek, wall-mounted toilets, and high-end vanities with ample storage space. The use of neutral tones and quality finishes contributes to a calm, relaxing atmosphere.
Sustainable Technologies and Energy Efficiency
The The Corner complex is designed with sustainability in mind, offering an energy-efficient living experience:
- Energy Class A+: The apartments are designed to meet the highest energy efficiency standards, significantly reducing energy consumption and costs for residents.
- Heating and Cooling: Each unit is equipped with an autonomous system that includes underfloor heating and heat pumps for cooling. This system offers optimal comfort while being energy-efficient.
- Air Conditioning: The apartments come with individually controlled summer/winter air conditioning systems, allowing residents to adjust temperatures to their preference year-round.
- Gas-Free Living: The complex eliminates the use of gas entirely, focusing instead on electric solutions for cooking and heating, contributing to a cleaner and safer living environment.
- Eco-Friendly Features: Solar panels are installed to provide renewable energy, while a water filtration system and rainwater collection further reduce the environmental impact of the building.
Community Spaces and Amenities
- The communal areas in The Corner are designed to enhance residents’ lifestyles. The complex includes:
- Three-Level Atrium: A central, bright atrium with designer lighting, art installations, and a relaxing atmosphere. This area serves as the complex’s heart, creating a welcoming space for residents and guests.
- Concierge Lobby: A dedicated concierge service ensures that all resident needs are met, adding to the comfort and luxury of the living experience.
- Dedicated Parcel Locker Area: For the convenience of residents, there is a dedicated space for receiving parcels, ensuring seamless deliveries.
- Bicycle Parking: The complex includes bicycle parking for environmentally conscious residents.
- Electric Car Charging Stations: All parking spaces are pre-equipped for the installation of electric car charging stations, supporting sustainable transportation options for the future.
Project Structure and Design
The Corner is an exclusive residential complex, consisting of only 21 apartments spread across two floors. The underground level offers 23 private parking spaces, including closed garages and boxes. Buyers can choose from various layouts, ranging from one to three bedrooms, allowing flexibility to suit individual preferences.
Currently, construction is progressing well, with the exterior walls already completed and interior work underway. The project is scheduled for completion by December 1, 2026.
The Property Purchase Process in Italy
Purchasing property in Italy is a transparent and straightforward process for foreigners. The key condition is the principle of reciprocity: citizens from countries where Italians can buy property have similar rights in Italy. EU citizens enjoy the same rights as Italians when buying a home.
Key Steps in the Purchase Process:
- Property Selection and Viewing – Explore the area, visit properties, and review the documentation.
- Obtain a Tax Code (Codice Fiscale) – This is a mandatory document for all foreign buyers.
- Preliminary Purchase Offer (Proposta d’Acquisto) – After obtaining the tax code, the buyer submits an official offer to the seller outlining the terms and price. A confirmation deposit (usually 5% of the price) is paid upon submission of the offer.
- Preliminary Agreement (Compromesso) – Signing the preliminary agreement with a deposit (usually 10-30% of the price).
- Final Payment – The remaining balance is paid upon signing the final agreement (Notarial Deed).
- Notarial Deed – Finalizing the purchase with the notary, who holds the buyer’s funds and pays taxes on their behalf.
- Property Registration – Receiving the certificate of ownership.
The presence of a notary during the transaction is mandatory by Italian law. The notary ensures the deal’s integrity and protects the interests of both parties. If the buyer does not speak Italian, a licensed translator is present during the transaction.
Taxes and Costs of Purchasing a New Property
When purchasing a new build in Italy, the buyer incurs the following primary costs:
Taxes:
- VAT (IVA) – 10% of the property price for regular housing or 4% if qualifying for the “first home” benefit (Prima Casa) for residents.
- Registration Tax – A fixed €200.
- Mortgage and Cadastral Fees – €200 each.
- Additional Costs:
- Notary Fees – 1-3% of the transaction value.
- Translator and Witness Fees – From €850.
- Preliminary Agreement Registration – From €350.
- Real Estate Agent Commission (if needed) – 3-5% of the price.
Total costs for purchasing a new build typically range from 9% to 18% of the property’s value, depending on agency involvement.
Annual Costs:
- Municipal Property Tax (IMU) – From 0.4% to 0.76% of the cadastral value (exemptions apply for primary residences under certain conditions).
- Waste Tax (TARI) – Depends on the size of the apartment.
- Utility Bills – Electricity, water, gas.
- Common Area Maintenance (for apartments) – According to ownership share.
Key Advantage of The Corner:
All apartments in The Corner come fully finished, saving the buyer from additional renovation costs. You can move in or start renting out the property immediately.
Your Opportunity to Own in The Corner
The Axa district and the The Corner complex offer a unique opportunity in the Roman real estate market. The combination of proximity to the sea and the city center, modern comforts, and high-quality construction makes these properties especially attractive both for living and investment.
Currently, The Corner offers beautiful options for sale:
🏡 One-bedroom apartment with Garden, price €440.000
🏡 Two-bedroom apartment with a terrace, price €760.000
Contact us for more information!