3-bed Apartment in Rio
€480,000€3,200/m²
3
bedrooms
3
bathrooms
150 m²
interior
Apartment
property type
1 week ago
listed
About this place
REF. 626 - Nisporto - A few meters from the beach, a period building consisting of only 4 apartments of which 3 are sold (the fourth is by another owner). All furnished two-room apartments of 50 square meters each, consisting of living room with kitchenette, double bedroom and bathroom. All with outdoor terrace, sea view (beautiful sunsets), equipped, two on the ground floor and one on the first floor. Solid stone construction. Excellent condition Private parking. The current owner has rented them for many years with excellent income, given the location.
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
