The OMI values of the Italian Revenue Agency, area by area: a yardstick for comparison, not an appraisal of a single property.
In Formello the sale value of a home in normal condition ranges from €1,350/m² in the Centre (zone B1) to €2,450/m² in zone D1, the outskirts with the highest maximum. If you are looking at an auction in this town, compare the price with this range: it is the first useful figure for understanding where the value of the area sits.
The values come from the OMI property values (quotazioni OMI) of the Italian Revenue Agency (Agenzia delle Entrate) for the 1st half of 2026. There are four zones with values: one central, one peripheral and two suburban. The median of the minimums is €1,575/m² and that of the maximums is €2,325/m²: half of the zones start below the first figure and half above it. No zone also reports the value for excellent condition, so what you read is the normal condition.
For those thinking of renting, the reference is €8.4 per m² per month, the median of the zones. In the contracts registered with the Agenzia delle Entrate, that is the average declared rents, the 4+4 open-market lease in 2025 stands at €8.2 per m² per month across 49 homes, while the 3+2 agreed-rent lease (canone concordato) stands at €7.9 per m² per month across 86 homes. The transitional contracts have few cases, 8 and 12 homes, so they count for less as a reference.
Home sales, again from the Agenzia delle Entrate (OMI, provisional data), concern the rest of the province of Rome and not just the town: over the last four quarters there were 20,092, with an annual change of 5% and a share with a mortgage of 51%. Use them as a general picture of the provincial market.
Use this as an idea of the local income bracket, not as a measure of the instalment you can afford.
Text updated on 5 November 2026, on OMI values for the first half of 2026.
| Band | Areas | Average minimum €/m² | Average maximum €/m² |
|---|---|---|---|
| Centrale | 1 | 1,350 | 2,000 |
| Periferica | 1 | 1,650 | 2,450 |
| Suburbana | 2 | 1,575 | 2,325 |
From 1,350 €/m² in the cheapest area to 2,450 €/m² in the most expensive one (1.8 times as much). Median rent: 8.4 €/m² a month.
Source: Italian Revenue Agency (Agenzia delle Entrate) – OMI property values, first half of 2026. Type: standard homes, villas and detached houses. Sale in €/m², rent in €/m² a month, minimum and maximum of the area. Areas with a link have a page with the auctions in progress.
| Area | Band | Sale €/m² | Rent €/m² a month |
|---|---|---|---|
| B1Centro (Viale Regina Elena) · Central | Central | 1,350 – 2,000 | 6.8 – 9.5 |
| D1Le Rughe - Massaruccio - Le Nocette - Praticello - La Selviata · Outskirts | Outskirts | 1,650 – 2,450 | 7 – 9.8 |
| E2Castel dei Ceveri-Le Due Torri-La Selvotta-Prato La Corte · Suburban | Suburban | 1,600 – 2,400 | 6.8 – 10 |
| E3Le Porcineta - La Bandita - Castelli · Suburban | Suburban | 1,550 – 2,250 | 6.8 – 10 |
Formello · Via Prato la Corte 16
Property complex
Previous starting price: €256,430 Cut by 25% (auction of 22 July 2026)
Mortgage ≈ €779 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Formello · Via degli Orti 5
Apartment · 221 m²
€1,018/m²
Mortgage ≈ €911 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Formello · Viale Canada 33/D
Small villa · 121.5 m²
€3,689/m²
Mortgage ≈ €1,814 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Formello · Via della Ficoraccia
Small villa · 117.3 m²
Previous starting price: €238,500 Cut by 25% (auction of 28 April 2026)
€1,525/m²
Mortgage ≈ €724 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Formello · Via di Perazzeta
Land · 59,300 m²
Previous starting price: €122,915 Cut by 25% (auction of 21 October 2026)
€2/m²
Mortgage ≈ €373 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Formello · Via di Perazzeta
Land · 31,053 m²
Previous starting price: €64,048 Cut by 25% (auction of 21 October 2026)
€2/m²
Mortgage ≈ €194 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
| Contract | €/m² a month | Homes |
|---|---|---|
| open-market lease 4+4 | 8.2 | 49 |
| agreed-rent lease 3+2 (canone concordato) | 7.9 | 86 |
| short-term lease (transitorio) | 3.1 | 12 |
| agreed short-term lease for students | 5.4 | 8 |
The OMI values of the Italian Revenue Agency are ranges for an area, a property type and a period. They do not value a single flat and do not replace a professional appraisal. A fair comparison also needs condition, floor, exposure and documentation.
On the auction pages, the “below the area value” discount shows how far the minimum offer per square metre is below the minimum of the area range. A lower value does not equal an expected gain.
See the Italian Revenue Agency values ↗