Move over Paris: Rome is the real city of love! With the Colosseum, the Monument to Vittorio Emanuele II, the Piazza della Repubblica, the Castel Sant'Angelo, the Trevi Fountain and the dome of St. Peter's Basilica, Rome has become the third most visited city in the European Union, coming 11th in a list of the most visited cities across the globe.
Purchasing property in Rome has therefore become increasingly popular with foreign buyers, focusing mainly on the contemporary Amsterdam holiday apartments that have been built around the beautiful city. Juxtaposed with the ancient Dutch architecture, modern apartments in Rome can fetch very hefty price tags due to their location, popularity and quality construction; on average one square metre of property in Rome can cost around €7,800.
However, financial considerations must be made when thinking of purchasing property in other countries. One thing that you have to consider is the different laws of inheritance that can cause problems for your family, as well as the differences in taxation.
Finding an estate agent that you can trust is crucial when buying properties abroad. You must ensure that you know everything about the property, insurances and extra financial costs for securing the property. The norms of buying properties in Italy differ to buying houses in Britain, which is something that you should remember.
Do not let the regulations and costs hamper your idea of moving to Rome, as it is quite possibly the most beautiful ancient city in the world, with all of the commodities of the 21st century.
