3-bed Apartment in Rio
€500,000€3,571/m²
3
bedrooms
2
bathrooms
140 m²
interior
Apartment
property type
1 week ago
listed
About this place
Ref. 513 -- Apartment located a few meters from the sea in the main square of Porto Azzurro, in the oldest part of the town built and surrounded by the ancient Spanish walls. Large apartment of about 140 square meters consisting of a large living room with balcony, kitchen, 3 bedrooms, 2 bathrooms, study. Great condition. Great sea view.
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
