Rome, called the Eternal City, is the is the capital and largest city of Italy, with an estimated resident population of 2,875,000. It is located in the central-western portion of the Lazio region, at the foot of the Apennine Mountains and in the middle of the Mediterranean Sea.
As a major cultural, historical and artistic centre of Italy, Rome has been inhabited since the Paleolithic period and has been the capital of the Roman Empire, the Papal States, the Kingdom of Italy, and the Italian Republic.
The city is considered a global capital of culture and fashion, and one of the world's leading tourist destinations. In fact, Rome is a major centre of the global Catholic Church and its historic religious, political, economic, cultural and educational influences are felt worldwide. It is home to the Vatican, the world's smallest sovereign state. The Vatican City is an independent state in the city.
There are many areas in Rome that are worth visiting. Some of the most popular areas include the Vatican, the Colosseum, the Roman Forum, and the Pantheon.
The Vatican, the place where the Pope lives, is home to some of the most famous art in the world, including the Sistine Chapel and the Vatican Museums.
The Colosseum is an ancient amphitheater in Rome, Italy. It is the largest amphitheater in the world and is considered one of the greatest works of Roman architecture and engineering.
The Roman Forum was the center of government in the ancient Rome. It was a large open area that was used for public meetings and speeches. There were also many important government buildings located around the forum. Nowadays, the Roman Forum is a rectangular forum surrounded by the ruins of several of these ancient government buildings.
The Pantheon is a temple in Rome that was built in the 2nd century AD. It is one of the best-preserved ancient Roman buildings in the world and it was originally built as a temple to the gods of Ancient Rome.
In Italy, Rome has shown a notable improvement in its luxury market in the first six months of 2020 compared with 2019, with an almost doubled volume of inquiries and a slightly higher sale/purchase ratio.
Luxury property values increased by an average of 10% in Italy over the past three years. In the last six months of 2020, the market grew by 15%.
In fact, the real estate market in Rome is experiencing a significant growth in the luxury market, which is the focus of this report. The market for luxury homes continues to improve, and this upward trend has now become stable and is expected to continue.
The cost of a luxury home in Rome will depend on several factors, including the size and location of the home, and the amenities and features that are included. However, you can expect to pay anywhere from $1 million to $10 million for a luxury home in Rome.
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