buying a house in Italy what you need to know

An In-Depth Guide to Buying a House in Italy in 2023

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Imagine owning a piece of paradise in Italy, a country known for its rich history, beautiful landscapes, and mouth-watering cuisine. Whether you dream of a rustic farmhouse in Tuscany or a chic apartment in Rome, buying a house Italy might be more achievable than you think. In this comprehensive guide, we will explore the essential information and tips that will help you navigate the Italian property market, ensuring a smooth and successful “buying a house Italy” experience. Let’s embark on this exciting journey together!

Key Takeaways

  • Foreigners, including Americans, are eligible to purchase property in Italy with certain requirements. Advantages include lower costs of living and taxes.
  • The Italian property market has been stabilized by reforms and government schemes but should be monitored for potential factors impacting the market in 2023.
  • This article provides a comprehensive guide on navigating the complex Italian property buying process, overcoming challenges associated with it such as language barriers or scams, and tips for successful purchase.

Eligibility for Foreigners to Buy Property in Italy

buying a house italy

Great news for those dreaming of owning an Italian casa! Foreigners, including Americans, can purchase property in Italy without any restrictions. However, there are certain requirements to fulfill, such as obtaining a codice fiscale (tax code) and setting up an Italian bank account. Americans, rest assured that you won’t face any limitations when buying property in Italy, regardless of the location or price.

But do keep in mind that construction standards in older and rural properties may not be comparable to those in the US, which can affect the property price. Conducting additional research and planning can aid in making an appropriate decision for your Italian home.

Advantages of Buying a House in Italy

buying a house in italy

Owning a property in Italy offers numerous advantages that make it an attractive option for both locals and foreigners alike. The lower cost of living compared to other European countries makes owning an Italian house more affordable. In addition, property taxes in Italy are relatively low, making it a financially attractive option for buyers.

When it comes to financing, both Italian citizens and foreigners have access to a variety of options, such as mortgages. Italian banks are legally allowed to provide mortgages to non-nationals who wish to purchase a residence in Italy. Conditions for obtaining a mortgage include ensuring that existing outgoings and proposed monthly mortgage payments do not exceed a certain percentage of the buyer’s income.

Another advantage of buying a house in Italy is the potential for rental income, especially in popular tourist destinations. With competitive home prices in certain areas and a steadily progressing property market, investing in Italian property could be a wise decision for your financial future.

Understanding the Italian Property Market

While the Italian property market faced challenges after the 2008 crash, recent reforms and government schemes have helped stabilize the real estate market. For example, the Italian government introduced the 110% ‘superbonus’ building scheme and a few Municipality set the sale of old and dilapidated properties for a mere €1 to avoid depopulation. These measures have been successful in revitalizing the property market and attracting foreign investors.

Nonetheless, potential factors that may impact the Italian property market in 2023 should be closely monitored. Factors such as rising local and regional inflation, and the effect of external events like the war in Ukraine, could influence consumer trust and market stability. By staying informed and understanding the market, you can make well-informed decisions about your Italian property investment.

Costs Associated with Buying a House in Italy

buying property in italy

Various costs associated with purchasing a house in Italy, including home prices, taxes, fees, and insurance, should be thoroughly considered. These costs can vary depending on the location and type of property. In the following subsections, we will delve deeper into each of these costs to help you better understand and prepare for the financial aspects of purchasing your dream Italian home.

Home Prices

Home prices in Italy can vary significantly depending on the region, with popular cities like Rome and Milan having higher prices compared to rural areas and smaller towns. For instance, Rome is known for its expensive real estate, but due to the size of the city, there is a wide range of housing options available at different price points.

Researching property prices in your area of interest and considering your budget is vital when choosing your ideal Italian home. Keep in mind that the average cost per square meter can vary from over €4,000 in Rome to approximately €5,000 in Milan.


Taxes are an important aspect to consider when buying property in Italy. The most common taxes associated with property purchase include Registration Tax and Value-Added Tax (VAT) if due. Registration Tax ranges from 2% to 9% of the value of the house, with a minimum amount of €1,000.

Registration Tax is a fee payable to the Italian government for registering the property in the buyer’s name. If due, VAT can range from 4% to 22%. Grasping these taxes and incorporating them into your budget is crucial when planning your property purchase in Italy.


Fees are another cost to consider when purchasing a house in Italy. These include notary fees, real estate agent fees, and legal fees. Budgeting for these fees and collaborating with reliable professionals is vital for a smooth and transparent buying process.


Insurance costs for homes in Italy depend on the location and value of the property. There are three types of insurance available:

  1. Building insurance: covers risks such as fire, flooding, and burglaries.
  2. Contents insurance: covers theft or damage to possessions within the property.
  3. Life insurance: typically a requirement from mortgage lenders.

Researching and comparing insurance options is crucial to ensure your Italian property is adequately covered.

Navigating the Italian Property Buying Process

The Italian property buying process can be complex, especially for foreign buyers. It involves research, viewing properties, making an offer, and navigating legal procedures and contracts.

In the following subsections, we will guide you through each step of the process and provide tips to help you successfully navigate the Italian property market and secure your dream home.

Research and Planning

When purchasing a house in Italy, comprehensive research and planning are of utmost importance. Start by understanding the market conditions, property prices, and the types of properties available in your desired location. Research the property’s history, legal aspects, taxes, fees, and any potential challenges before making a decision.

Also, consider the type of property that best suits your needs and budget, be it a vacation home, investment property, or a permanent residence. By conducting your own research and having a clear understanding of your requirements, you will be better equipped to make informed decisions in the Italian property market.

Viewing Properties and Making an Offer

The Italian property buying process entails essential steps such as visiting properties and making offers. It’s important to visit the property in person to ensure it meets your needs and expectations, especially if it will be used as a vacation rental or investment property. Take the time to assess the property’s condition, location, and potential for growth.

When making an offer, negotiate the purchase price verbally with the estate agent before submitting a formal Purchase Proposal (‘Proposta d’Acquisto’) to the seller. Ensure you have a clear understanding of all legal aspects before signing the purchase proposal contract. By being diligent and thorough during this stage, you can secure a property that best suits your needs and budget.

Legal Procedures and Contracts

lawyer for buying property in italy

The complexity of navigating legal procedures and contracts involved in the Italian property buying process necessitates the help of qualified professionals like solicitors for all due diligence checks and proper documentation (as the prosal, the preliminary and the final contract).

The solicitor will help you understand the legal requirements, taxes, and fees associated with the property purchase, while the notary is responsible for the legal elements of the transaction. Having a professional team in place will ensure a smooth and successful property purchase in Italy.

Overcoming Common Challenges in Buying Italian Property

Purchasing a property in Italy can present certain challenges, such as:

  • High renovation costs
  • Language barriers
  • Legal issues and scams
  • Environmental factors

In the following subsections, we will address each of these challenges and provide guidance on how to overcome them, ensuring a smooth and successful Italian property purchase.

Renovation Costs

Renovation costs in Italy can be high, especially for older properties or those in rural areas. Effective management of renovation costs requires obtaining quotes from various contractors and considering additional expenses like professional services. By doing so, you can better plan and budget for the renovation work required, ensuring your Italian property meets your expectations and remains within your financial means.

Language Barriers

Despite approximately 30% of Italians being proficient in English, language barriers can still complicate the property buying process in Italy. Therefore, professional assistance from a translator or bilingual real estate agent is invaluable to understand legal documents and navigate the process.

By being proactive and seeking help with language barriers, you can avoid misunderstandings and potential pitfalls during your Italian property purchase.

Legal Issues and Scams

Potential legal issues and scams, like under-declaring the sale price, can raise concerns during the property purchase in Italy. To avoid these issues, follow these steps:

  1. Work with reputable professionals like real estate attorneys.
  2. Maintain caution throughout the buying process.
  3. Exercise due diligence and thoroughly research the property.
  4. Analyze all documents and contracts associated with the purchase.

By following these steps, you can minimize the risk of encountering legal issues or scams during your property purchase in Italy.

This vigilance will help protect you from potential legal issues and scams.

Tips for a Successful Italian Property Purchase

buying land in italy

Here a short list of tips for buying a house from abroad:

  1. Conduct an in-depth study of the property, its location, and market conditions.
  2. Personally visit the property.
  3. Build a professional team comprising an attorney.

By following these tips and staying informed throughout the process, you’ll be well on your way to owning your dream Italian home.

Conduct Thorough Research

As previously discussed, in-depth research is pivotal for a successful Italian property purchase. This includes researching the property’s history, condition, and legal aspects, as well as understanding the local market conditions and potential challenges. By dedicating time to research, you can make better-informed decisions and minimize potential risks associated with your property investment.

Visit the Property in Person

Before deciding to buy, it is essential to visit the property personally. This allows you to assess the property’s condition, location, and potential for growth, as well as get a feel for the surrounding area and local amenities.

By visiting the property and its surroundings, you can ensure it meets your expectations and is a good fit for your needs.

Assemble a Professional Team

When buying property in Italy, it’s crucial to assemble a team of professionals, including an Italian geometra and a lawyer. The lawyer can coordinate all the professionals, indicate the notary necessary for the transfer of ownership, take care of drafting the purchase proposal, preliminary contract and final contract. He can also be vested with power of attorney and take care, in addition to what has just been described, of opening a bank account necessary for payment. These professionals can help navigate the complex Italian property market, ensuring all legal requirements are met and the process runs smoothly.

By working with a trusted team, you can avoid potential pitfalls and ensure a successful property purchase.

Resources for Buying Property in Italy

A plethora of resources are available to guide you through the Italian property market and facilitate a successful purchase. Professional services can provide valuable information on property tax such as IMU or rental taxes, immigration and tourism, as well as assist with the buying process.

By utilizing these resources, you can gain a better understanding of the Italian property market, including Italian real estate, and make well-informed decisions throughout your property purchase journey.


In conclusion, buying a house in Italy can be a rewarding and life-changing experience. By understanding the eligibility for foreign buyers, the advantages of owning property in Italy, and the various costs associated with the process, you can make informed decisions that lead to a successful purchase. Navigating the Italian property market may seem daunting, but with thorough research, professional assistance, and effective financial management, you can overcome any challenges and secure your dream Italian home. Buona fortuna!

Frequently Asked Questions

Can a foreigner buy a house in Italy?

Yes, it is possible for foreigners to purchase a house in Italy, without requiring citizenship. Non-residents and residents can both purchase Italian property.

Is it easy for an American to buy a house in Italy?

Buying a house in Italy requires some paperwork, but is relatively straightforward with your passport and an Italian tax code.

How long can an American stay in Italy if they own property?

If you own property in Italy, you can obtain a long term Schengen VISA that will allow you to stay in the country for up to 90 days every six months over a five year period.

What are the main costs associated with buying a house in Italy?

The main costs associated with buying a house in Italy are home prices, taxes, fees and insurance.

What resources are available to help me buy property in Italy?

There are numerous resources available to assist with buying property in Italy, including professional services that can provide valuable information on taxes and immigration law.

Get in Touch

Enrico Berti is specialized in civil and corporate law. He is a founding partner of Studio Legale Berti e Toninelli and has an extensive expertise on real estate.

Studio Legale Berti e Toninelli pratictises throughout Italy.

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