Ready for a Roman holiday? Here’s where to buy a lasting souvenir

The scoop on one of the city's most in-demand neighborhoods
November 19, 2017 12:07PM

(Pixabay)

One of Rome’s booming housing markets is district called Pinciano, not often frequented by tourists despite its proximity to the city’s historic areas.

With low property taxes and older buildings, the neighborhood is picturesque and a savvy buy, according to Mansion Global.

“When things go on the market, they get sold within weeks, and when people buy here, they tend to stay,” Engel & Volkers Market Center’s Riccardo Di Loreto told Mansion Global. Properties in the area can sell for up to $20,000 per square meter.

Though there are no new developments in the area, Di Loreto forecasts the value of luxury renovations of older buildings will grow over the next few years, which may change the neighborhood as a result.

[Mansion Global] — E.K. Hudson