Vacation Home In Italy: Buy

This unique identification number is required for all financial transactions, including signing a deed, opening a bank account, and setting up utilities. You can obtain this at an Italian consulate abroad or a local tax office in Italy.

For non-residents buying a second home, this is typically 9% of the cadastral value (a tax-assessed value usually lower than the market price). buy vacation home in italy

Budget an additional on top of the purchase price to cover taxes and fees. This unique identification number is required for all

Exceptional value; some of the lowest property prices in Italy. including signing a deed

Signed in the presence of a Notary ( Notaio ) , a public official who ensures the transaction's legality and registers the transfer of ownership. 3. Understanding the True Costs