What costs and fees must be paid when buying real estate in Italy?
Agency fee when buying real estate in Italy.
If the value of the property is between 25,000 euros to 100,000 euros, it can be a fixed amount of 2000 to 5000 euros, above 100,000 euros it is calculated % of the value of the property. In each case, the Agency discusses its commission with the client at the time of signing the Agreement.
The seller is a private person,
and the buyer buys a “second home ” in Italy, for the vacation;
Registration fee – 9% of the cadastral value
The fixed mortgage tax is 50 euros;
The cadastral tax is 50 euros.
Purchase from a private person as a “first home ” in Italy, for permanent residence;
registration fee – 2%;
mortgage tax – 50 euros;
cadastral tax – 50 euros.
Purchase from the company-developer;
VAT rate in the amount of;
4% of the total property value for the first home;
10% of the total property value for the second home;
22% of the total property value for a luxury home.
registration tax – 200 euros;
fixed mortgage tax – 200 euros;
cadastral tax – 200 euros.
The expenses are paid at the notary when registering the Act of Sale, one time .
Real estate taxes are set by law and paid to the state. Therefore, do not depend on the choice of a notary.
When choosing a notary office, you should consider the amount of commission for notary services, which is determined by the actual value of the property. If the value of the property is between 25,000 euros and 100,000 euros, it is between 1,500 and 3,500 euros, above 100,000 euros is calculated % of the value of the property. The notary provides a preliminary estimate for services at the stage of preparation of documents for the transaction.
Note: We never ask you to transfer money to our personal account. We never provide our personal account to transfer the down payment and real estate fees.
