Real estate prices in Italy vary greatly by region During the month of February 2022, the asking price for property for sale was highest in the Trentino Alto Adige region, at €2,892 per square meter. On the contrary, for a property for sale in the Calabria region, only €919 per square meter was asked, the…
Inflation, war: the consequences for the Italian real estate market Inflation is never good for the real estate market. Sooner or later, it prompts the Central Bank to raise the prime rate, that is, the interest rate that they apply banks when they borrow money, the same money they borrow to issue mortgage loans. The…
First home bonus for moving abroad Many speak of brain drain, describing this phenomenon as a all Italian “curse”. However, this is often accompanied by another equally frightening factor: bureaucracy. In fact, when young people emigrate for work, they have to face a thousand quibbles not only in their new country, but also in their…
Does buying a house at auction really save you money? The answer is affirmative! Indeed, that’s the only real reason why the auction market in Italy grows so fast. In addition, the auction market offers a great choice in terms of properties. Why do properties go to auction? There are 3 main reasons: The property is…
What is an online real estate auction and what is the difference with a traditional auction? A real estate auction procedure is in general a method of sale that allows you to put more bidders in competition, to obtain a higher consideration and therefore greater satisfaction for the needs of the seller. Today, all auction…
Buying a house at auction: everything you need to know Notary Valentina Rubertelli, president of the National Council of Notaries, provides with useful tips for buying a house at auction while saving costs. Why does a house go to auction? There are three different reasons why a property ends up at auction. The first concerns…
In Italy, there are 1 euro houses by the sea €1 houses in Italy, what you should know: I don’t sell €1 houses, so please avoid asking me questions in the comments below they are all abandoned houses, which need restructuring, that can be often times costly the owners sell then them because they don’t…
With the provision of June 16, 2021, the ItaliaIn nland Revenue set the operating rules for obtaining the 2021 drinking water bonus. Drinking water bonus 2021 in Italy : what it is To rationalize the use of water and reduce the consumption of plastic containers, there is a tax credit of 50% of the…
Here is an example of a preliminary contract for the sale of a house or flat. The seller is obliged to sell the property to him under the conditions stipulated in this contract. Here is an example of a preliminary contract for the sale of an Italian building. The seller is obliged to sell the…
Cadastral income: what it is, how it is calculated and what it is used for Have you ever read a cadastral survey? Among the various items that appear in the different boxes, there is a figure expressed as a euro: “reddito catastale”. That number there is much more relevant than you might think in the…
