Purchase Guide

Making an offer

The price shown for the property is set by the seller. In Italy, haggling is normal. If you feel that the asking price is too high, feel free to make a lower offer. You may be surprised at how much "haggle room" there is in the advertised price!

Pre Contract Agreement,

The first formal step of buying a property in Italy is the Pre-Contract Agreement where terms and conditions are agreed. Once the pre-contract is signed, the buyer employs a Notaio to prepare the deeds of sale (Atto Notarile) collating and checking the property’s documents including:
- Certificates from the Catasto Office (Land Registry office) such as title search, etc.
- Proofs of ownership, i.e. copies of previous purchase contracts, donation or other.
- Building permits.
- "Certificato di Destinazione Urbanistica" (Urban Planning zoning certificate) issued by the Comune.
- Letters of “Rinuncia al Diritto di Prelazione” (farmer's right of first refusal), signed by all farmer neighbours
- Others"

A confirmatory deposit is paid by the buyer, upon signature of the PCA.

Taxes

Taxes are paid to the Notaio. There are three main taxes: Imposta di Registro, Imposta Catastale ed Imposta Ipotecaria.
They are based on the "Valore Catastale": which is "Valore Catatstale= Rendita Catastalex0.05x115.5 (Prima Casa)"or "Valore Catastale= Rendita Catastalex0.05x126 (Seconda Casa)". The "Rendita Catastale" is specified on the title search.
The Notaio usually advises which way is the cheaper, in each case.
Properties can be purchased as a Permanent home (prima casa) or as a Holiday home (seconda casa). Purchase taxes for prima casa are much cheaper. When a property is purchased as prima casa, the buyers have to officially move in the house (or the same Comune where the house is located) within 18 months from the purchase."