Anyone with money can buy property in Italy.
No, being a resident in the country and owning a property are two separate matters. However, as far as we know, owning a property in Italy are grounds for 180/360 tourists visa, if you need one.
In some European countries, Leasehold is a popular form of property ownership for fixed period of time from 12 to 999 years. In Italy, the longest residential lease possible is 30 years. For comparison of all types of ownerships please see separate page.
Yes, you can extend closer to the end of current term for another 30 years and it usually cost about 50% of the price you pay for the 1st lease. If you are buying new lease, you can try to negotiate price of future extension, we can help you with that. If you are buying re-sale lease, you are buying remainder of existing lease term and adjustments of existing lease are not possible, so extension must be negotiated in the future.
Please see separate page.
Yes, you can make an offer for property you like. We'll pass it onto a seller and will let you know if it is accepted within 2-12 hours.
It depends on sellers possibility to accept card payments. In most cases bank transfer to our account is required.
Yes, you can, but you will need to let us know. If you don't get in touch and simply don't come for completion or will not buy remotely in 30 days, you'll loose deposit paid. Alternatively, you can pay the whole balance and 1st year maintenance charges by bank transfer within 30 days of booking a property, sign all documents remotely (where possible) and then come to Italy whenever you want.
If, after reservation, you visit apartment and discover that apartment is not as described, we'll refund you deposit in full.
If you have not completed purchase for any other reason (remotely or in person) within 30 days of paying the deposit, you will lose deposit.
Yes, you can, but we cannot guarantee availability of the apartment you like as someone can book it while you are on your way.
Yes, you can live there yourself, your relatives, or rent it out to holidaymakers. It's 100% yours and you can do anything with it except removing walls without permission of freeholder
Yes, you can.
You have to pay ground rent, service charge and bills.
If you are buying remotely (new or resell leases), you need to find a local lawyer or notary who will witness your identity when you are signing leasehold agreement. Usually, lawyers charge about USD10 in USA and GBP5-15 in UK for this service. Public notary can do this for free in some countries such as Australia.
If you are buying a new lease and the freeholder cannot do remote signing – yes, eventually you need to come to Italy and sign the lease. If you are buying new lease where the freeholder can do remote signing, there is no need to come to Italy for signing, all will be done remotely. If you are buying a re-sale lease, there is no need to come to Italy as all documents are signed remotely by you and your seller (as original leaseholder already signed documents in person).
When buying, after you have paid for your property, you will receive original lease to study and your 'taking over lease agreement', so you will see all conditions of original lease before signing your 'taking over lease agreement'.
No, it is a simple lease. Main points are: you'll have full permission to live in the apartment, rent it out to holidaymakers, decorate it except removing walls, you must pay annual charges.
No other costs. We charge a flat fee for our services, which is usually 1,500 Euro but is paid by the seller. On completion, you must pay: price of property (minus deposit paid) and remainder of current year's ground rent / services charge and pre-paid bills. That's it.
Please note, different properties have different financial year for paying all yearly fees. When you will buy, we will recalculate the amount of fees to the next payment date.
Yes, we have a permanent office in Scalea (Italy), since 1974 with English-speaking staff. We can help you with furniture, decoration, bills etc. We also have representatives with UK and Italian phone numbers who are always on-call or email.
If you still have some questions, please contact us.
