|
Last Updated: June 17, 2009 |
| ROME - Historical Centre Apartments |
COST (€) |
YIELD (p.a.) |
PRICE/SQ.M. (€) |
| TO BUY |
MONTHLY RENT |
TO BUY |
MONTHLY RENT |
| 65 sq. m. |
427,700 |
1,536 |
4.31% |
6,580 |
23.63 |
| 120 sq. m. |
664,920 |
2,794 |
5.04% |
5,541 |
23.28 |
| 185 sq. m. |
1,218,410 |
n.a. |
n.a. |
6,586 |
n.a. |
| ROME - Suburbs Apartments |
|
| 65 sq. m. |
303,550 |
1,063 |
4.20% |
4,670 |
16.36 |
| 120 sq. m. |
598,920 |
1,601 |
3.21% |
4,991 |
13.34 |
| 200 sq. m. |
1,062,200 |
2,950 |
3.33% |
5,311 |
14.75 |
| MILAN - Apartments |
|
| 40 sq. m. |
220,720 |
900 |
4.89% |
5,518 |
22.49 |
| 80 sq. m. |
422,240 |
1,607 |
4.57% |
5,278 |
20.09 |
| 120 sq. m. |
764,880 |
2,094 |
3.29% |
6,374 |
17.45 |
| 160 sq. m. |
1,085,760 |
2,994 |
3.31% |
6,786 |
18.71 |
| 200 sq. m. |
1,695,400 |
4.880 |
3.45% |
8,477 |
24.40 |
Historical Center : Aventino, Esquilino, San Saba, Spagna and Trastevere
Suburbs: Camilluccia, Cassia, EUR, Fleming, Olgiata, Vigna Clara
Milan: Brera, Centro Storico, Citta Studi, Fiera, Montenapoleone, Porta Nuova, Porta Romana, S. Ambrogio, San Siro, Stazione Centrale
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule |
Gross rental yields remain very low in Italy’s major cities. Apartments in Central Rome have gross rental yields of nearly 5%, but in the suburbs of Rome, rental yields fall to an average of 3.58%. Apartments in Milan yield on average 3.9%.
These low rental yields are a long-standing feature of the Italian market, and make Italy a relatively unattractive location for buy-to-let investment.
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