Commercial property in the center of Rome with a project of conversion into a guest house

A spacious commercial property for sale is located in the heart of Rome, in  one of the most prestigious neighborhoods – Pinciano, a few steps from the famous Via Vittorio Veneto, Villa Borghese, metro Barberini. The property is on the second floor of an elegant building of the Umbertine era. At present the property has two entrances and consists of a large entrance hall, 7 rooms, 2 bathrooms. Four rooms have access to a residential terrace of about 40 sqm. It is possible to change the current office use class of the property  into a residential one and convert  it  into a guest house.

 The project details and calculations will be provided upon request.

 Total area: 260 sqm.

Distance to:

Villa Borghese – 300 m.

Barberini Square/metro stop – 850 м.

Price:  1 250 000 евро (+CAPEX and purchasing costs: about 453 000 евро)

ROI: 15%

Payback period: 6,6 years

 Our services

 Property Acquisition Consulting

Our extensive experience in the field, combined with a thorough knowledge of the tourist market, give us the tools to correctly recognize the value of the property for the intended purposes. In fact, properties for tourist rental have different features from the standard residential needs. Rome, especially in the area of the historic center, is a city with peculiar characteristics where the charm of the property clashes with the considerable urbanistic criticalities that, very often, make it challenging to conclude the purchase. As a result, finding the right property for the intended purpose can become a burden.

Home Staging and Renovation

We collaborate with recognized experts in the field of interior design and will provide the most logical renovation options based on the property’s objectives. We can carry out 4 types of refurbishment depending on the state of the apartment and relative target of income-generating: home staging, advanced home staging, rennovation, luxury rennovation.

Property Management

Existing properties and new acquisitions: Our goal is to work alongside owners of properties valid for short-term rentals, to optimize their investment and to achieve the highest sales. Our management fees are calculated in percentage over the monthly sales, so we are totally concerned about the business’ success. All other running costs are managed and paid on behalf of the owner, which receives at each month-end the gross profit.