In a complex economic context, the city of Rome is undergoing transformation. Rome has always been a cosmopolitan city that today, thanks to PNRR and Jubilee funds, has the opportunity to transform itself and see entire areas reborn. According to Savills' report "Rome Prime Residential 2024", the city's residential market is sustained by a strong demand for prime real estate both for sale and for rent, a demand that involves not only Italian but also international buyers. Only the scarcity of a quality offer is holding back this segment in a market that remains competitive both nationally and, above all, internationally. The upturn in tourism, the arrival of new brands, and the opening of new luxury hotels as well as starred restaurants help to create a new image for the city and drive the prime residential market.
Despite the slowdown in purchases and sales recorded in 2023, Rome is Italy's leading city in terms of both the number of purchases and sales and the number of leases. In the prime segment of the residential market, purchases and sales have slowed only slightly thanks to sustained demand and prices that, despite the steady growth recorded in recent years, keep the market in a position of balance between supply and demand.
Considering only transactions with a value of over €1 million, there has been a growth of 3.6% in terms of number and 4% in terms of value compared to 2019: demand for exclusive properties is not affected by a complex economic scenario and confirms its anti-cyclical nature.
Rent continues to rise more than house prices in the Roman market and this is due to a demand that is not matched by the current supply, the lack of availability of new quality product and restrictive financing conditions, all factors that contribute to shifting part of the demand for purchase onto renting. Young workers who choose to move to Rome to work generate a demand of about 80-90 thousand potential renters, while mobile students contribute an additional 50 thousand potential beds. The current level of rents makes Rome a good alternative for home seekers in a large European city, but also leaves room for further rent increases.
The outlook for real estate in Rome in 2024 is positive for both the buy-sell and rent market: we expect further slight increases in average prime prices supported by demand; larger increases could affect new developments, with upward effects on surrounding areas. Location becomes a liquid concept: potential buyers are focusing on the quality of properties rather than on specific areas of the city, with an increasing number of international buyers choosing Rome. On the rental side, the increasing focus on services, sustainability and quality will contribute to a further polarisation of the market and increasing competition for assets in line with the new demand.
Portofino tops Italy’s luxury seaside property market at over €15,000/m²
The Mediterranean has long been synonymous with luxury, beauty and lifestyle – and its property market reflects just that. With crystal-clear waters, stunning coastal landscapes and historic charm, the region continues to attract affluent buyers looking for the ultimate home or holiday retreat.
Luxury villas for sale on the Italian islands
Italy is home to more than 350 beautiful islands, each offering its own unique charm, lifestyle, and landscape. From the sun-soaked beaches of Sicily and Sardinia to the exclusive hideaways of the Tuscan Archipelago, there’s no shortage of idyllic locations to find your dream home. If you're searching for luxury villas for sale on the Italian islands, this handpicked selection showcases the very best on the market.
Buying a luxury property in Italy: what taxes will you need to pay?
Purchasing a luxury home in Italy is an exciting step, whether you are seeking a lakeside villa, a Tuscan estate, or a historic palazzo. However, it is essential to understand the taxes involved before completing your investment, as these differ significantly from those on standard properties.
Luxury property trends in Southern Italy and the islands
From the turquoise waters of Sardinia to the timeless beauty of Sicily, Southern Italy and its islands remain among the most sought-after destinations for luxury property buyers seeking lifestyle and long-term investment opportunities.
A Renaissance villa with modern luxury, minutes from Florence
Perched in the prestigious hills above Florence, Tuscany, just five minutes from the historic centre, this exceptional 15th-century villa is offered fully furnished and turnkey at €12,500,000, presenting a rare opportunity to own a piece of Tuscan heritage reimagined for contemporary living.
Italy’s top summer luxury property destinations for 2025
Summer is here, and for those seeking a few days of relaxation—or a lifetime of beauty—in an exclusive location, Italy’s luxury property destinations for 2025 offer a wealth of choices. According to Engel & Völkers, demand for second homes in Italy’s most iconic locations now exceeds 50%, reflecting a growing desire for refined living in the country’s most extraordinary settings.
Discover Doré 14: contemporary apartments in Milan’s San Gimignano district
Among the many new-build listings on idealista, you will find modern apartments in a newly constructed development in Milan’s sought-after “San Gimignano District”. This is Doré 14, a contemporary residential complex that blends harmoniously into its surroundings, enhancing an area known for its strong residential character.