Trevi Elite provides its clients full legal support when buying a house in Italy. The procedure for buying property in Italy consists of several stages. Irrevocable Offer of Purchase When making a decision on the purchase, the manager draws up an Irrevocable Offer for the purchase of a real property, which indicates the details of the Buyer and the Seller, a detailed description of the real estate, the...
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Purchase of real estate
Due Diligence is a procedure for drawing up an objective idea for an investment, including an assessment of investment risks, an independent assessment of the property, a comprehensive study of the company's activities, a total check of its financial condition and position on market. It is usually carried out before the start of the purchase of a business, the implementation of a merger (accession), the...
A variety of homes for sale in Italian cities today is at the fastest pace, there are many offers on the market, different in typology and price. In the list of the most expensive places to buy real estate in Italy, of course, the first places are occupied by the most visited cities: Rome, Venice, Florence and Milan. However, it is worth considering that the income from the rental of such real estate is...
Recently, the term Property Finder or Home Hunter has become more and more common. Let's take a look at the main differences in the work of this expert from the classic real estate agent Realtor. Property finder and real estate agent: the main differences The main difference is that the activity of a Real Estate Agent is aimed at the sale of its properties (lists), entrusted on the...
Regarding the choice of areas, there is a variety of neighborhoods for everyone’s specific taste and requirements. While the average cost per square meter is about €1,500 per m2 in the outskirts of Rome, it can reach up to € 12.000 in Rome’s most prestigious locations such as the Spanish Steps and Piazza Navona. The center of Rome has plenty to choose from – Aventino, which is a beautiful...
Needless to say, Rome is an extraordinary city, it is truly one of the world’s most amazing destinations, making it an excellent market to invest in. What's the purchase procedure of real estate in Rome? Italian legal requirements & purchase procedure Irrevocable Purchase Proposal (usually 5%-10%). This is a non-refundable deposit (caparra confirmatoria) that serves as insurance to both the buyer...
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...
Although the ownership of a house in Italy does not entitle you to a residency permit (permesso di soggiorno), it can will definitely facilitate to get an Elective Residence Visa if you prove you have stable and sufficient funds to support your stay without employment. Owning property can also strengthen your application for an investor visa for...
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...