Home Property in Italy
How to buy a house in Italy?
Here you will find the detailed information about real estate purchasing in Italy:
- the right way to choose the property and to effect the deal;
- property taxes and duties that should be paid;
- everything about home loans in Italy;
- home property management and renting;
- rental, commercial properties and related investment properties.
Real estate for sale
Most recent offers from house owners in Italy and from real estate agencies. Advertisements with the fixed price and auctions are listed here.
You can leave a comment and give advice to other visitors planning to buy a home in Italy.
Italy has always been a country of immigrants : to work here from all over Europe . Currently, there are many Albanians and Tunisians . Although native Italians sometimes express their dissatisfaction with the " dominance of immigrants ," the laws of the country is quite loyal to those who want to live and work in this country.
Living and working in Italy
Obtain a residence permit in Italy is much easier than in many other European countries. If you buy a property in this country, you will be issued with the right multivisa its annual renewal . After five years , subject to permanent residence in the country you can get a permanent residence permit.
You can just come to the country and without any problems to get permission to live and work at different times. For seasonal workers, this period is six months for students - a year , with a further extension. For those who work under the contract , permission is granted for the term of the contract.
Extend a temporary residence permit and a work permit is easy , if you can provide documentation of a stable job you have or contract extension. The only "but" during his stay in the country you should not commit any illegal acts .
If there is a property in Italy and permanent employment for five years, you can continue to get Italian citizenship .
Big benefits in obtaining a residence permit are those who bought the business property or opened business here . Italy offers great opportunities in various fields for those who want to engage in private business in the country.
It is also important to distinguish business visa ( ie, business visa ) and an immigrant visa for a private enterprise. Business visa is granted for a short stay in the country for business purposes , but you can not engage in any activity . On the other hand, the right to receive an immigrant visa is difficult.
For those whose work involves investments in the economy of Italy , there is a preferential tax program and faster for a residence permit .
Real estate prices in the Apennines
Make a clear list of the prices for real estate in Italy is very difficult. Much firstly depends on the area . And, secondly, considerable importance is chosen and the size and type of real estate: Student "studio" , a house in the suburbs , luxury apartments in the heart of Rome - all of these types of housing will have a different value .
The lowest prices - in the south - in Calabria . This growing economic region , and therefore the prices are quite democratic: an apartment of about 50 square meters. m will cost you 50,000 euros, and the house of about 100 square meters. m - 100,000 euros.
In resort areas - Sardinia , Sicily , towns on Lake Maggiore - the cost of houses is quite high. Thus , the traditional Sicilian house in traditional style will cost about EUR 1200000 . A very small house ( three to four rooms) with views of Lake Maggiore and Como will cost you the sum of 100,000 euros. Bigger house (about 50 sq. m.) Will cost from 130,000 euros.
In the north of the country - in the area ski resorts - you can buy a house chalet for 200,000 euros. In this case, you would need only 10 minutes by car to get to the tourist base.
Property prices in major Italian cities vary depending on the prestige of the area , but also on where exactly the house you intend to buy an apartment . Of course, a house in an old mansion will cost you much more money.
Traditionally, the most expensive city in Italy is Venice - there is not enough housing for sale and all apartments are located only in old buildings ( there's just no other ) . The cost of housing in Venice starts from 250,000 euros for an apartment of 50-70 square meters. m and has no upper limits . It is important to note that just a small housing square footage in the " pearl of the north " are hard to find : in the old mansions originally just was not as " close " apartments. But luxury apartment overlooking the Grand Canal will cost you from 3000000 euros ( minimum price ) .
If you decide to buy a property in the capital of Italy - Rome - then you are given the widest selection . Studio apartment - studio in quiet " residential " area will cost 65,000 euros. A similar apartment in the city center - in 130000-15000 euros. Apartment for two people ( ie one bedroom ) on the outskirts of the euro is worth about 250000-270000 , and in an old mansion in the center of the capital - 350000-380000 euro. Prices of holiday villas outside the city " start " of 500,000 euros.
The process of buying and registration of real estate
The process of buying a property in Italy is standard and is not much different from that in other countries. Foreigners can buy property in both the primary and the secondary housing market.
If you determine the choice of the object ( this can be done either in person or over the Internet) , it is necessary to conclude the so-called irrevocable agreement with the seller : that it spells out the steps of the payment of your future home . The purchaser shall pay a deposit of 10.5 % of the total.
For the payment of the pledge and the subsequent financial transactions must open an account in an Italian bank.
If at this time you change your mind to buy real estate , the security deposit retained by the seller . If the seller changed his mind , he must compensate you pledge to double.
If there is no change , then is a preliminary agreement, which shall be certified by a notary. The notary also verifies the absence of any outstanding obligations to the selling of real estate. At this time , the buyer makes from 10 to 30 % of that in the case of legal issues will be returned to it completely.
After all the tests is the final contract and payment of the balance is the amount, as well as the notary fees are paid at the rate of 1 to 3 % of the value of your property .
When buying real estate in the primary market the buyer pays the mortgage , cadastral and stamp duties - each 168 euros. Also paid value added tax of 10% of the purchase price .
If you bought a property in the secondary market in Italy , the cadastral fee is 1% of the price of a house or flat , stamp duty - 7%, and mortgage fee - 3% or less , depending on the cost of housing.
After payment of all required fees and taxes, notary registers your property in the cadastral registry. Registration deadlines are in different cities from one to five working days. After that, all the documents in house passed on to you - as the new owner.