All citizens of the European Union countries have the same rights and opportunities on the Italian real estate market as Italians. The real estate purchase in Italy can differ compared to the process in other countries. Therefore, it is important that the purchase contract states all the essentials and that the process of acquiring Italian real estate takes place without the slightest complication.

How to buy real estate

The entire process of transferring real estate to personal ownership is the responsibility of the notary. He prepares the necessary documentation in cooperation with the real estate agency, and the correct transfer of the property to personal ownership is guaranteed. All official documents are in Italian. Alpine Home provides translation into your language and its legal analysis.

Brief procedure in points:

1. Property selection

2. Tax number and Italian postal address - this will be arranged for you by us together with a business partner in Italy
3. Reservation agreement - usually a deposit of 10-30% of the price of the property in a notarial custody
4. Preparation of documentation - the notary prepares the necessary documentation for the transfer of real estate to personal ownership and is responsible for the accuracy
5. Transfer of the remaining amount from the purchase price to notarial custody

6. Purchase contract - signing of the contract at an impartial public notary, who registers the transfer in the real estate cadastre. At this moment owning of the property is passed to the new owner

Fees

The buyer pays all fees and taxes related to the acquisition of real estate in Italy. The total amount of all fees is around 10% of the purchase price of the property. If it is an acquisition of a completely new property, the transfer tax is replaced by VAT (10%). It is necessary to include the fee for notaries (2-3% of the purchase price).

Financing options

Currently, mortgage loans are provided up to 70% of the purchase price of real estate in Italy. If you prefer to arrange a mortgage loan in your country, we can help you with that.