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," said a member in Italy.
Italian For A WhileConnect
Become ‘Italian for a While’ with IFA! Learn in Italy on a 1-week to 12-month program - open to students, young adults, graduates, digital nomads, professionals, groups, faculty-led programs, and more. Take courses at an accredited school while immersing yourself in the language, life, and culture among your international peers. Submit an inquiry with IFA to learn more.
Click connect to have our partner contact you via e-mail and/or phone.
Italian For A WhileBecome ‘Italian for a While’ with IFA! Learn in Italy on a 1-week to 12-month program - open to students, young adults, graduates, digital nomads, professionals, groups, faculty-led programs, and more. Take courses at an accredited school while immersing yourself in the language, life, and culture among your international peers. Submit an inquiry with IFA to learn more.
Connect
Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What do I need to know before moving to Italy?
- How do I find a place to live in Italy?
- What is a typical expat home or apartment like in Italy?
- What is the average cost of housing in Italy?
- Should I buy or rent a home in Italy?
- What should I pack when moving to Italy?
- What cultural faux pas should I try to avoid making in Italy?
- Why do people move to Italy?
- What are healthcare services like in Italy?
- What are medical services in Italy like?
- What are typical rents 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 one of the founders of Digital Nomad Exchange and the Founder and President of Expat Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange and Digital Nomad 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.
