1-bed Apartment in Rio
€130,000€3,611/m²
1
bedroom
1
bathroom
36 m²
interior
Apartment
property type
1 week ago
listed
About this place
Ref. 625 - RIO NELL 'ELBA - historic centre Ground floor apartment of approx. 36.00 sqm consisting of living room with kitchenette, double bedroom and bathroom. The property has been completely renovated and is in excellent condition. Air-conditioned. It is sold furnished. Possibility of buying a cellar to be renovated, about 15.00 square meters, located near the house.
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
