According to the latest Idealist price index, the rental market ends in the first quarter with a rise in rents equal to 1.5%, an average of 9.2 euros / m2. In the last 12 months, rents in Italy are up…
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Call for bids Update On February 19th the Municipality has published a new call for bids (i.e., “Bando di Gara”, in Italian) for a second slot of properties in its historical district. The new slot includes 16 properties. A brief…
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Old houses and short-term rent boom: this is why Italian real estate continues to depreciate. While new properties are seeing rising prices, existing real estate continues to decline, a unique case among emerging economies. Why? On average, in the first…
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When you buy a house, you start a multi-step process. It is important to know each step to complete the operation in the best possible way. Let’s see in particular what the purchase proposal and the preliminary contract are. The…
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Higher rates confirmed for retrofit deductions and energy savings. Tax relief also for furniture and new gardens. One more year to renovate the house with a maxi-reduction of 50%. From construction works to equipment, the finance law has postponed all…
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The application for tax relief for the purchase of the first house must be made before the transfer order. Buying an auction house can be a big plus. With the online auction portal, you can stay informed of the progress…
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The criteria for determining the tax residence of natural persons in Italy They are dictated by Article 2 of the D.P.R. 917/1986 (“TUIR”), which states that for the purposes of income tax, are considered to be residents of the State…
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More purchases and the boom of luxury properties, the real estate market is picking up. According to the data of the notaries of the first half, the trend favored by the fall in prices is confirmed. The amount of loans…
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1) UP-FRONT TAX SAVINGS UPON THE PURCHASE OF A PROPERTY IN ITALY 1a) Requirements These tax savings apply to anyone (national or foreigner) who buys a “Prima Casa” in Italy. The tax savings amount is significant and pegged at 7% (i.e., 2%…
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The price decline seems to be contained, but there is no recovery despite an increase in sales MILAN – The Italian real estate is struggling to get rid of the waste of the crisis. The main investment of the Italians,…
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