Rome: below-average potential, above-average risk
The meaning of residential property in Rome is much higher than in other European capitals. Rome’s high preference for home ownership helped to foster many years of continuously rising prices for both town houses and condominiums. However, the period of strongly rising sale prices has ended for now, due to the comparable subdued current economic situation. Similar to other Italian towns, purchasing prices for home ownership are dropping. Within the next economic cycle, we expect demand for home ownership, supported by an improved income situation, to recover. The outstanding development will for now come to an end, due to the moderate purchasing price growth rate projected for the coming years.