Buying a property in Italy as a foreigner is possible, but requires a few formalities. The first step is to obtain a **codice fiscale**, i.e. an Italian tax identification number - this can be done remotely via the consulate or through a real estate agent who will make an appointment at the tax office and help you fill in the necessary forms. You should then find a local real estate agent (agente immobiliare), preferably one with experience in working with foreigners. Once a suitable property has been found, a preliminary contract (compromesso) is signed, which often includes a down payment (usually 10%). The finalisation of the transaction takes place at the notary - it is he who checks the legal status of the property, debts, land registry, etc. The buyer also pays notary fees, purchase tax and registration costs. For non-EU nationals, it may be necessary to additionally check whether reciprocity applies in their country (whether an Italian can buy a property in their country). The buying process takes from a few weeks to a few months, depending on the preparation of the documents. Buying a property in Italy is not only a dream come true, but also a viable investment - especially in regions such as Calabria, where the market still offers attractive prices and development opportunities.
Categories
Recommended
Newsletter
Subscribe to our newsletter and receive the latest information on real estate in Italy
Popular tags
#Scalea #CalabriaReal Estate #domesticItaly Seafront apartment Apartment in Scalea Arcomagno Attractions of Calabria Attractions of Italy Diamante retirement in Italy retirement in Calabria property investment property investment Calabria Seaside apartment living in Italy apartment in Calabria Tyrrhenian Sea mural Calabria real estate Scalea property real estate in Italy property to be renovated chilli Calabrian beaches Poles in Calabria Southern Italy Praia a Mare Moving to Italy Calabria Travel Guide Flat renovation Cedar Riviera San Nicola Arcella Santa Maria dell'Isola Scalea Tropea Holidays in Italy views of Calabria holiday rental Dino Island Italian towns Italian real estate Italian coast Italian lifestyle property purchase purchasing property in Italy Life in Italy