Buying the best luxury real estate listings via an estate agent or directly from the owner in Rome, Italy is a matter of perspective on what the purchaser or investor perceives as 'luxury'. The desired objective though can be possible with the right strategy.
Rome is the capital city of Italy, and one of the most visited cities internationall that supports a strong tourism market which in turn supports a healthy luxury real estate rental market. This offers good opportunities for property investors seeking income through short-term or holiday or vacation rentals.
In addition, Rome also attracts high-net-worth individuals looking for luxury properties for sale to use for personal use, investment or at times a mixture of both.
Located in the central-western part of the country, Rome is situated within the Lazio region, and is seen as a hub in Italy for culture, politics, religion, and commerce, and attracts millions of visitors each year, again supporting property investments and capital appreciation.
"The best luxury real estate" in luxury market doesn't always mean a low or high price, as a 'luxury property' is related to the expectations of the buyer or investor.
A $1M home might be "cheap" compared to others at $2M that are located in Rome, Italy , but the price difference for what seems to be very similar properties could be for a wide range of reasons.
If the luxury property has become distressed or foreclosed they are often sold below market value and at time through auctions. Or it could be the seller, for personal reasons like a job relocation has special reasons for letting the property be sold at a very low rate.
In emerging luxury markets luxury could be listed as undervalued in relation to future expectations, for areas such as growing neighborhoods in cities that are becoming popular, like those with infrastructure improvements or tourism growth.
Luxury buyers often have leverage as they have the financial means to purchase, especially in slow markets where borrowing from a bank is harder.
Properties bought below market value in luxury areas, especially when looking at Rome, Italy real estate listings by owner which can be cheaper than via an agent often see strong appreciation when the market recovers or the area gentrifies.
Economic or political fluctuations can temporarily depress prices, allowing investors to acquire premium assets at a cheaper rate.
If looking at Italy as an overseas or foreign investor or buyer into Italian real estate, those who typically invest or purchase at €250,000 which varies according to the area chosen, can obtain Italian residency through the Golden Visa Program, making Italy an attractive gateway to the EU.
Italy offers both stability and opportunity to buyers and investors, as tourism to Italy brings in over 30 million visitors across the mainland and the Italian Isles.
Real Estate Agents and Property Developers in Rome, Italy
