Italy
What do I need to know when buying property in Italy?
When we asked expats what advice they would give a foreigner before buying a property in Italy, they said...
"When buying property in Italy, it's important to understand the legal process, which includes obtaining a tax code (codice fiscale), hiring a notary, and navigating through the due diligence of property checks. Foreign buyers must also ensure they have the necessary permissions to purchase property," wrote Brian Viola from Italian For A While.
I am a language immersion traveler—after a Gap Year in Australia, I began working to encourage this experience in my own country: Italy!
Click connect to have our partner, Brian, contact you via e-mail and/or phone.
I am a language immersion traveler—after a Gap Year in Australia, I began working to encourage this experience in my own country: Italy!
Click connect to have our partner, Brian, contact you via e-mail and/or phone.
"1. Check with Italian government agencies to determine the legality of buying in a particular area. 2. Understand the local regulations and restrictions on foreign ownership. 3. Obtain a lawyer who is familiar with Italian property purchase laws and regulations. 4. Know the exact location of the property and the usable area. 5. Obtain a surveyor to validate the measurement of the property and any boundary issues. 6. Understand the recent taxes and bills paid on the property and the anticipated future taxes and bills. 7. Understand if there are any existing mortgages, liens or other debts that have to be paid in order to complete the purchase. 8. Make sure you have the funds available for the purchase and for any associated costs and fees. 9. Know when the sale is expected to be completed. 10. Understand what kind of insurance is needed to protect the property from potential losses," explained one expat who made the move to Italy.
Other Questions:
- What do I need to know before retiring in Italy?
- How do I meet people in Italy?
- What is life like in Italy?
- Is there a lot of crime in Italy?
- Is there a lot of diversity? Are people in Italy accepting of differences?
- What are the schools in Italy like?
- Is the cost of living in Italy high?
- What advice do you have for expats having a baby in Italy?
- What are healthcare services like in Italy?
- Is the cost of living in Italy high?
- What type of recreational facilities are in Italy?
- What is the weather like in Italy?
- Are there good restaurants in Italy?
- Where will I buy groceries and do other shopping in Italy?
- What are the visa & residency requirements in Italy?
- Are healthcare and health insurance expensive in Italy?
- What do I need to know when buying property in Italy?
- Are foreigners allowed to own property in Italy?
- What appliances are typically included in a rental?
What do I need to know when buying property in Italy?
If you live in Italy, newcomers to Italy would love to hear your answer to this question:
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
