Friday, April 25, 2008
Property Values rise on Rome's Outskirts
If, on the other hand, you are looking for a real bargain, one option is to look in Rome’s so-called ‘ethnic neighbourhoods’ where prices have been slack recently. A recent report in Italian daily Il Sole 24 Ore points out that Italy’s growing number of foreigners is also one of its fastest growing groups of new home-owners. Yet, despite the growth in demand prices are fairly steady because the areas in question tend to be more depressed neighbourhoods on major city outskirts, or even in the surrounding provinces.