Buying a home is always a very important decision that takes time and careful consideration of factors including if the purchase is made because of an investment perspective – any economic return. Deciding to buy property by the sea in Italy can be a difficult choice as the Apennine peninsula has 7,456 km of coastline and 385 blue flag beaches. There are quite a lot of holiday destinations, in...
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The main part of the real estate fund in Italy is secondary housing. The country has severe restrictions on the construction of new homes, therefore, buying a house in Italy is always considered as a reliable investment due to the limited number of offers. Especially in large cities, new buildings in Milan, Rome, Florence are sold out already at the stage of laying bricks, while prices do not vary much...
How to decide on a location? Where do foreigners prefer to buy a house in Italy? Undoubtedly, one of the reasons why foreigners choose property in Italy is the fascinating artistic, cultural and historical beauty. In addition, this country offers a wide range of different landscapes, from the breathtaking mountains of the Dolomites to the crystal clear sea of Sardinia, from the Tuscan countryside to the...
The goal of the govt. program “casea1euro” is to combat the devastation of inhabited cities that are far from tourist routes. Often, €1 houses in Europe are privately owned, where the owners want to get rid of them in order to avoid paying taxes and excessive maintenance costs for houses that are not used. For the most part, these are crumbling or dangerous buildings that need reconstruction. In some...
While purchasing a property in Italy does not automatically grant you residency, it can significantly facilitate the process of obtaining certain types of visas and residency permits. Let's delve deeper into the various aspects of this topic to provide a clearer understanding of the relationship between property ownership and residency in Italy. Understanding Property Ownership vs. Residency Rights First...
Italian Registration Tax (Tassa di Registro) The purchase of a house in Italy is subject to a Registration Tax, that is the main trasfer registration in Italy and is 2% of the cadastral registry value of the property if the buyer is a resident and if he is buying a first house, or 9% if the buyer is a non-resident or if he is buying a second home. Land Registry Tax (imposta catastale) The land...
There are no restrictions for foreigners who want to buy property in Italy. However, the Italian authorities have the power of making some verifications of criminal records and other...
Thanks to the many assets that make it a unique place in the world such as art, architecture, history, culture, landscape, custumes, food and climate, Italy has always been a popular destination, not only for tourists. Foreigners always bought homes and villas in Italy; in the last 25 years more and more International VIPs have bought amazing italian properties to fully enjoy the climate, the...