According to the latest statistics, Italy is one of the few countries in Europe where, although not globally, there is a decrease in the value of real estate, due to which many buyers turn their choice to it. As elsewhere, there are taxes that will have to be paid once and annually to foreign homeowners along with Italian citizens.
Costs when buying a property
When buying property in a new building, an amount of 10% VAT is paid on the sale value of the property. If real estate is purchased on the secondary market, then the registration fee of 9% of the cadastral value of the object is paid, which may be significantly lower than the sale price. Provided that the foreign owner converts the purchased housing into rezidenza format within 18 months after the purchase (since he Continue reading