What Happened to the Real Estate in Rome?
Real estate in Rome has always been a lucrative business for many reasons including its political and economic role. Even though Rome position in the property market is somewhat less attractive than the position of Milan, mainly due to the higher concentration of international businesses and more flexible bureaucratic structure in the northern “capital,” it still has the excellent opportunities to invest. The interest from the investors both international and local has remained very high over the last years and it has been driving the yields on all major types of properties down. When you search ViaCasa.it, it is possible to compare the volume of investments in Rome in 2005 with the volume in 2008. It is clear that the restricted supply of the qualitative property and the constant decline in yields has led to the decrease in the volume of the real estate transactions in Rome by more than 5% over the last years. Office property contributed the most to the total volume of transactions cl
