Property for sale in Vatican City

2/ Country: Vatican City

Is a landlocked sovereign city-state whose territory consists of a walled enclave within the city of Rome. At approximately 44 hectares (110 acres), and with a population of around 800, it is the smallest independent state in the world by both population and area.

Vatican City, officially State of the Vatican City a landlocked sovereign city-state whose territory consists of a walled enclave within the city of Rome. At approximately 44 hectares, it is the smallest independent nation in the world.

It was created in 1929 by the Lateran Treaty as a vestige of the much larger Papal States (756 to 1870). Vatican City is a non-hereditary, elected monarchy and is governed by the Bishop of Rome (the Pope). The highest state functionaries are all clergymen of the Catholic Church. It is the sovereign territory of the Holy See (Latin: Sancta Sedes) and the location of the Apostolic Palace — the Pope's official residence — and the Roman Curia. The economy is based on religious work: the Vatican receives contributions from churches around the world. Tourists come to visit religious shrines and view the art. The major commercial activities are organized around religious concerns, the major industry is governance of the Church, and trade is organized around religious goods.

The Church owns all property for sale in Vatican City and areas outside the Vatican covered by extraterritorial rights.

The entire territory of the Vatican City State is placed under the protection of the La Haye Convention of 14 May 1954, concerning the safeguard of cultural goods in case of armed conflict. The State is thus recognized - and this is so also international discipline - as a moral, artistic and cultural patrimony worthy of being respected and protected as a treasure belonging to humanity.