Commercial space for sale, Piazza Di Montevecchio, 5, in Rome, Italy
Coldwell Banker 24Re offers for sale an exclusive property of over 550 square meters in an elegant five hundred year old building located in the heart of Rione Ponte, a few steps from Piazza Navona and the charming Via dei Coronari.This object has two levels and is characterized by finishes in the form of stone walls and marble columns supporting overlapping twisted ceilings. The categorization of this property under the Italian cadastral system is D/3, and on the first floor and in the basement there are several different spaces of different sizes, including fully equipped kitchens. It is the ideal place to organize a variety of events - cultural events, concerts, dinners, as well as exclusive business meetings, ceremonies and private events. The special layout of the premises can accommodate up to 120 guests and provide a private environment in the various rooms.On the first floor there is a large entrance, two interconnected rooms and a bar area. And on the basement there are spacious rooms of various sizes, kitchen area and service areas.This property is a unique object and is in good condition, with regular authorizations from the administration and technical documents. The property has four entrances: the main one from Piazza Montivecchio and three from the entrance and the small courtyard of the building.It is a privileged location, set among historic streets of artisans and art galleries, within walking distance of Castel Sant'Angelo, Piazza Navona, St. Peter's Square and the Pantheon, and at the same time easily accessible through a few steps from the nearby Tiber River and public transportation.
Characteristics
Property type
Commercial
Object type
House
Price
1 857 539 $
FAQ
How can I get a residence permit by buying property in Italy?
In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Rome; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Italy?
Banks in Italy finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Italy?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Italy?
A title search at the land registry of Italy takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Italy?
Yes. Rental income tax is 5–25% depending on the regime. In Rome short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (1 857 539 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Italy?
A typical transaction runs 30–90 days, averaging 45 in Rome: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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