Buying property in Italy as a foreigner | How much does it cost to buy a house italy?

[@irishdva3237]

This was great information, thank you for explaining in such detail. I subscribed 😊❤️🇮🇹

[@vitaliapods]

Thank you very much Iacopo for this generous video which will surely be of great help to people like myself attempting to purchase property in the belle paese. Eloquently presented with transparency and a friendly tone. Perhaps the Italian words for all these steps might also appear in a future video? But really great work and THANKS again !!

[@valenteitalianproperties]

Thank you for your feedback

[@vitaliapods]

@@valenteitalianproperties Si vende l'intera proprietà (NO DIRITTO DI SUPERFICIE) THIS is a difficult concept to understand, despite one hour of research this morning!

[@nosaodeh3137]

Thanks for the video but the system is very complicated and making me scared to buy holiday house is better to rent well Thanks for the video

[@valenteitalianproperties]

It's not easy, but with the right consultant you can rest assured. You can contact us at [e-mail]

[@user4j0xo5-qi6qd]

That's Italy, nearly everything is complicated. Italy is beautiful but the system sucks!

[@karlgozo]

Very informative video. You gave an example of €1,000,000 villa, but what if I wanted to buy a house / apartment in Southern Italy (to use as a holiday residence) costing around €100,000? I'm an EU citizen.

[@valenteitalianproperties]

Thank you! Rules are the same and soon we will post a video on how to get a loan in Italy as a foreign buyer

[@vincentv2333]

So a real estate agents takes 6-8% in total? Why? In most countries, this is just 3-4% covered by the party selling the house. Sounds pretty scammy

[@valenteitalianproperties]

The average real estate agent commission in the USA is typically between 5% to 6% of the property’s sale price. But as per a recent survey done by FastExpert in Q2 2023 the average real estate agent commission rate in the USA comes out to be 5.57%. However, agent commissions can range from as little as 4% in some locations for house sellers to as much as 7% and 10% in other cities for residential and commercial properties, respectively.

[@luo6963]

Thank you

[@MiroArgalas]

You mentioned at the beginning of video possibility to have 0% yearly tax on property, but did not explain this topic further. Or I misunderstood?

[@valenteitalianproperties]

For more explanation check the video on Prima Casa topic kzbin.info/www/bejne/kJqpaHispa1knrc

[@SabineBeckerPUSH]

I agree with one of the people who commented on your video. The Italian system seems to be extremely complicated, confusing, and not straightforward. I am thinking of buying a property in Italy, but your video certainly scared me away. Also, I did not understand if you do, or do not pay proper taxes.

[@valenteitalianproperties]

Hello, I understand because we fear what we don’t know! You don’t pay property taxes on the first property in Italy if you move your residency. If you are planning to buy you can contact us at [e-mail] for further clarification

[@caymanblack9567]

Thanks Jacopo nice and clear!

[@desislavadimova8127]

Thank you for your video! 🙏 Could you please give a concrete example, if I buy a house in Italy for 50,000 euros from an agency for example, with all the fees you listed, how much will it cost me as a final price.

[@valenteitalianproperties]

I made an exemple at the end of the video, It's impossible to estimate the exact costs with only the price requested

[@lukaszpspam]

Well agent taking 96k in fees is def a reason to avoid one :)

[@valenteitalianproperties]

Depends on the price!

[@ArmandBoissy64]

you. said at the begining the first payment will be discounted at the end when purchased at the notary but in your sum of the cost I don;t see where it is discounted,...

[@valenteitalianproperties]

If you mean the registration of the preliminary contract it is discounted on the registration tax

[@thealchemist8877]

Good info.

[@SonataM-l9c]

Thank you for the video! I’d like to buy property for 42000 Eur The property agency indicated to pay 4280 Eur agency fee. It is not 3-4%, but 10%. Is this a normal practice or should I stop working with such an agency?

[@valenteitalianproperties]

Under a certain amount (usually 100'000) there is a fixed price but you can always negotiate

[@goldenemily1]

I am a real estate broker in Texas interested in buying a retirement home in Tuscany. Is there any way i can get you to give me and example of what whe call a Settlement statement... breadking down all closing costs.. Of course, I only have a real estate licence in Texas but I would like to see an example settlement cost statement on a property of about 600 Euros.

[@valenteitalianproperties]

in Italy each property has a value on which the tax is calculated for a sale by private individuals or if the sale is made by a company there is VAT (10% or 22% depending on the category of the property). Then depending on whether you buy as a "first home" or not the taxation can change, the calculation can vary a lot from house to house

[@alexandrubaginean7369]

Buongiorno and thank you for this content, are you a real estate agent in Italy? Do you have a business contact info for something more specific? Thank you! 🙏

[@valenteitalianproperties]

Yes I am, if you need help send an email to [e-mail]

[@Jose-l7q]

thank you good information i will buy property i contact you thank you again jacopo have a great day jose y noemi from california usa

[@valenteitalianproperties]

Thank you! Hope to meet you soon

[@wwahyyy2035]

Does Italy have a residency visa that can incentive non-italians to make a Huge purchase such as a house?

[@valenteitalianproperties]

You can apply for elective residency, with proof of income (at least 31'000 € per year) and insurance. Also recently in march 2024 Italy approved the Digital Nomad Visa, if you are a remote worker I suggest you do look for it.

[@wwahyyy2035]

@@valenteitalianproperties thanks for reply. Hope your government is competitive on the world market with other attractive economies in this arena.

[@chandabbas-l7w]

Good evening sir i am from Pakistan living in Italy i have a complete document. I want to buy a house for my family i want to ask you is have a age limit ty buy a house from Bank on instalment tell me about age limit then we will contact thanks

[@valenteitalianproperties]

Generally the mortgage must end when the mortgage holder is between 75 and 80 years old. Exemple: if you are 60 years old, the maximum mortgage term could be reduced to 15-20 years

[@xmaniac99]

It is the digital era but you still pay the bollo depending on the amount of pages. When I tell people about Italy no one believes me, it is not a country but a joke pretending to be one.

[@valenteitalianproperties]

The Marche da Bollo is inexplicable even for Italians

[@marlengaddis5491]

How much tax a year

[@valenteitalianproperties]

It depends on the property!

[@tanodamorire]

We are still all waiting to find out how not to pay tax. Vergognati

[@valenteitalianproperties]

?

[@kajakpeter]

Poor chääs, . Noo probläam 😅

[@samantatalukdar173]

Hello! there. I saw your videos on KZbin and was impressed by the quality of your content. However, after analysis, I noticed there needs to be improvement for getting more views and subscribers. You are working hard but the main motive to reach an exact audience is not fulfilled. You are working for your audience if the video can't reach them. That's a waste of your energy and time also. I will show the problem in your video and share how to fix it. Only say ‘yes’ if you want to grow your channel.

[@broragnarok146]

this comment coming from a bot channel with only 1 subscriber is hilarious 😂

[@samantatalukdar173]

@@broragnarok146 Because I don't have any video content on my channel and that's not funny at all.

[@broragnarok146]

@@samantatalukdar173 so how do you expect any other channel to do business with you or believe your sales pitch if you can't prove it with your own channel? It's funny af

[@samantatalukdar173]

@@broragnarok146 There's lots of prove I can gave him. I don't approach you so it's better for you to don't come in between.

[@SonataM-l9c]

Thank you for the video! I’d like to buy property for 42000 Eur The property agency indicated to pay 4280 Eur agency fee. It is not 3-4%, but 10%. Is this a normal practice or should I stop working with such an agency?

[@valenteitalianproperties]

The price depends on what city you are from. The national average is 3-4% plus vat