Italy

Buying property in Italy

Country-wide guide · Italy

Italy is open to most foreign buyers under reciprocity rules (EU/EEA buyers always; non-EU buyers from countries with bilateral agreements, which covers the UK, US, Canada, Australia and most major markets). A codice fiscale is required, and a notaio handles the conveyance as a neutral public official. An independent lawyer or geometra is strongly recommended for due diligence.

The buying process

  1. 1

    Get a codice fiscale

    Italian tax code — apply at any Agenzia delle Entrate office or an Italian consulate abroad. Free and fast.

  2. 2

    Make a proposta d'acquisto

    Written purchase proposal with a small deposit (typically €1,000–€5,000). Binding on the buyer for an agreed period; becomes binding on both parties when the seller accepts.

  3. 3

    Due diligence

    Geometra or lawyer checks cadastral records, planning compliance (conformità urbanistica), title, and any debts or mortgages attached to the property.

  4. 4

    Sign the compromesso (preliminare)

    Preliminary contract with a deposit of 10–20% (caparra confirmatoria). If buyer withdraws they forfeit it; if seller withdraws they pay double.

  5. 5

    Final searches by the notaio

    Notaio runs title and mortgage searches at the Conservatoria dei Registri Immobiliari and prepares the final deed.

  6. 6

    Sign the rogito (atto di compravendita)

    Final deed signed at the notaio's office (or by power of attorney). Balance paid, taxes paid, keys handed over.

  7. 7

    Registration

    Notaio registers the deed with the tax authority and land registry within 30 days.

  • Codice fiscale (tax code)
  • Passport / ID
  • Italian bank account(optional)

    Useful for completion funds and utilities but not legally required

  • Proof of funds / mortgage offer

The prima casa (primary residence) tax rate of 2% requires you to declare residency in the same comune within 18 months of completion — failure means back-taxes plus penalties. The €1 home schemes in southern villages are real but come with strict renovation deadlines (typically 3 years) and security deposits. Non-resident mortgages from Italian banks are available but limited (typically 50–60% LTV).

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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