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Typical costs in buying a property in Italy

Typical costs in buying a property in Italy according to the new law of January 2006:

Please note: the costs given below serve only as a guide. They may vary.

Main Residence – Definition:

1. The property will become a permanent resident within 18 month of purchase
2. The house is not a luxury home and must be less than 250 m² of living space
3. You do not own another property in the same district
4. You do not already have a main home in Europe

Costs for buying from a private owner:

Taxes will be calculated on the basis of the value of the property in the property register, and will no longer be calculated on the declared value.

3% Imposte di Registro (Registration tax)
168 € Imposte Catastali (Stamp duty)
168 € Imposte Ipotecarie (Local tax))
1 to 1,5 % Notary’s fee – (this is a guide – a quote must be asked)
3%+VAT Estate agent’s Commission
(4% IVA (VAT) for a purchase within 4 years of the construction)

Costs for buying from a developer or constructor:

3% IVA (VAT)
168 € Imposte di Registro (Registration tax)
168 € Imposte Catastali (Stamp duty)
168 € Imposte Ipotecarie (Local tax))
1 to 1,5 % Notary’s fee
3%+VAT Estate agent’s Commission

A further 20% needs to be added if you are buying from a registered Company, which is neither a builder or a constructor, but this is a very rare occurrence

Holiday home or second home

Costs for buying from a private owner:

Taxes will be calculated on the basis of the value of the property in the property register, and will no longer be calculated on the declared value.

7% Imposte di Registro (Registration tax)
1% Imposte Catastali (Stamp duty)
2% Imposte Ipotecarie (Local tax)
1 to 1,5 % Notary
3%+VAT Estate agent’s Commission

Costs for buying from a developer or constructor:

10% IVA (VAT)
If the property is a luxury home offering more than 250 sqm the VAT is 20%
168 € Imposte di Registro (Registration tax)
168 € Imposte Catastali (Stamp duty)
168 € Imposte Ipotecarie (Local tax))
1 to 1,5 % Notary ‘s fee
3%+VAT Estate agent’s Commission

A further 20% needs to be added if you are buying from a registered Company, which is neither a builder or a constructor, but this is a very rare occurrence
You should also include in your calculations:
Geometra’s fees, which vary depending on what work is involved in the conveyance.

And in case you ask for a mortgage: 1.25% for a second home and 0.5% for the main residence

Obtaining mortgage:

Help to apply for a loan
thanks to our collaboration with the main national banks and finance agencies, we can help you in applying for obtaining a loan up to 60% (maybe 80%) of the value of the property you want to buy.

We will arrange a meeting with them to obtain a free estimate for a financial aid at the more convenient rate at the moment.
An advisor will contact you directly to arrange a meeting and explain you the most convenient type of loan according to your income so that you can calculate the monthly rate you can support to buy a house with a loan.

Thanks to agreements and direct relations with banks and finance agencies, you will find the most competitive loans, suitable for you whatever your job is, or whether you are resident, non resident or non EU-citizen.

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