Apartment in Porto Azzurro
€155,000€3,875/m²
1
bathroom
40 m²
interior
Apartment
property type
6 days ago
listed
About this place
REF.519 - Located in the oldest and most characteristic area of Porto Azzurro, surrounded by 16th century Spanish walls, characteristic apartment (studio) of about sqm. 40. Very quiet area a stone's throw from the central square, overlooking the sea. Given the location, an excellent investment and a rare and beautiful object to own There is no condominium and there is an external part that is NOT owned but usable
Buying property in 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 €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).
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.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
