Regarding the choice of areas, there is a variety of neighborhoods for everyone’s specific taste and requirements. While the average cost per square meter is about €1,500 per m2 in the outskirts of Rome, it can reach up to € 12.000 in Rome’s most prestigious locations such as the Spanish Steps and Piazza Navona.
The center of Rome has plenty to choose from – Aventino, which is a beautiful green suburb near a glorious ancient park. Monti, one of Rome’s most historical neighborhoods with medieval streets, wine bars nestled in the beautiful palazzos, and romantic rustic views. In short, this is where the Gladiators found their entertainment and modern Romans still do. Trastevere is the cultural beating heart of Rome, where artists and musicians find their inspiration and English is commonly heard. These are just a few of Rome’s lesser-known but equally great neighborhoods. Of course, you are all well aware of Piazza Navona, the Pantheon, the Colosseum, Campo di Fiori, the Spanish Steps, Prati, Parioli, St. Peter’s…needless to say, the list is endless.
Obviously, the real estate prices in Rome are lower compared to central London or Paris. In fact, you can find a neighborhood located a stone’s throw from all major attractions but be in a tranquil environment near lush green parks. At the top of this list are two of Rome’s most prestigious residential areas, Parioli and Villa Borghese (Pinciano). This is where most embassies have found their homes and both areas are full of exclusive country clubs, excellent restaurants, luxury hotels, international schools, and luxury amenities.
Buying in Rome’s historical center can be advantageous in an entirely different way. You can enjoy the eternal city and its splendor during your vacations but earn a 4-6% return per year on your investment by renting your property on a short- or long-term basis.