Thursday, November 02, 2006

Emergency Surgery Leads to Home in Rome

 The ANNOTICO Report

 

Surgery and Serendipity. (The faculty of making fortunate and unexpected discoveries by accident)

 

Thanks to Pat Gabriel

An Italian Home Away From Home

The Stolls spend six to eight weeks per year in their Rome apartment, which is located off the Piazza Navona in the city's center.

International Herald Tribune

By Elizabeth Helman Minchilli

October 25, 2006

ROME  It is easy to imagine that an emergency stay in one of Romes public hospitals would be enough to put anyone off the Eternal City forever.

A Home in Rome

My wife, Barre, fell ill on the fifth day of our week in Rome, Robert Stoll explained. That was in 1983, and the couple was at the start of a seven-week European vacation.

After emergency surgery, Barre was put on a ward with seven other women. We spoke no Italian, and were petrified, he said. We dont even really know to this day what exactly happened during surgery.

The ward itself was an experience: nonstop talking, families coming in and out at all hours and little common language among the roommates.

This is when we truly fell in love with Italy, and with Italians, Mr. Stoll recalled. Their warmth, generosity and love of life  even in such a dismal situation as a hospital ward  totally captivated us and convinced us that this was our home away from home.

The Stolls continued on their European tour, but have come back to Italy from their home in Portland, Ore., every year since then.

At first, we rented a villa in Tuscany every summer, stopping for several days in Rome, Mr. Stoll said. He is a lawyer specializing in large-scale business litigation; his wife is a clinical psychologist.

In 1993 and 1994, I spent 26 weeks out of the year in trial, so by 1996 I was burnt out and ready to take a break, he said.

The family  including three of the couples four children  picked up and moved to Rome, where they rented a four-bedroom apartment between the Piazza Navona and the Tiber River in the city center. It wasnt easy to find such a large place to rent, so we were very lucky and had a marvelous year.

When the year was up, Mr. Stoll was ready to stay on  the expansion of the Internet enabled him to conduct a good portion of his business from abroad. His wife, however, was less enthusiastic and wanted to get back to her practice in the States.

Our compromise was to move back to Portland, but to rent a smaller place here in Rome, which would enable us to visit several times a year, Mr. Stoll said.

But that was easier said than done.

The family had a hard time finding a place that met their requirements: a central location, nice views and at least two bedrooms. They finally took out an ad in a local English-language paper that eventually led to a two-bedroom, two-bathroom apartment of 150 square meters, or a little more than 1,600 square feet. It was just the right size, on a quiet street and with a terrace, too.

It was perfect, so we signed a four plus four lease, which meant that we had the place for four years, and it was automatically renewable for another four, he said.

Their elderly landlady, who lived in a matching apartment next door, died several months later.  So when the heirs decided to sell it, ...the Stolls ...bought it.

He declined to say how much they paid, but luxury apartments in Rome now sell for roughly 12,000 to 13,000 euros a square meter, or $15,150 to $16,400. Unusual places can command as much as 30 percent more, and one-of-a-kind properties go for as much as the market will bear.

In fact, the market for centrally located apartments has become so tight in the last few years that almost no amount of money can buy a place in the historic quarter.

Most Americans come looking for a place with character, in the center, with a view and even a terrace, said Benedetta Barendson of the Ruzzetti real estate agency. Add to this that most want an elevator and maybe a parking space and the number of properties drops down to almost zero. These types of places almost never make it onto the market these days.

At the Stolls apartments, the wooden floors and hand-carved coffered ceilings add a sense of grandeur to the lofty rooms. The family has installed new kitchens and bathrooms, as well as an air-conditioning system.

We spend about six to eight weeks a year here, Mr. Stoll said. Two to three weeks in January and another six weeks during the summer. During the rest of the year we rent the two places out, for short-term rentals of a few weeks to months, or even a year.

One weeks rental in the high seasons of mid-March through July, September and October, and Christmas is $3,275; the rest of the year is $2,675. But Mr. Stoll said the more weeks that are taken, the more the price is discounted. Also, there is a 15 percent reduction in all rates if no more than two people are staying in an apartment....

 

The ANNOTICO Reports

Can be Viewed, and are Archived at:

Italia USA: http://www.ItaliaUSA.com (Formerly Italy at St Louis)

Annotico Email: annotico@earthlink.net