MAGARAGGIA LAW FIRM

Real-estate investment tax savings for Italian citizens residing abroad

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% instead of the 9% ordinary tax rate) of the cadastral value of the property, not […]

House prices in Italy: 51% lower since 2008

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, the house, remains on valuations still far from the levels of the beginning of the […]

Buying a house in Italy – taxes to pay, fiscal aspects

When you have to buy a house, you must keep in mind certain tax aspects. Let’s see what they are depending on whether you buy a house from a construction company or an individual. As noted by the National Council of Notaries, the purchase and sale of construction or renovation companies, except in special cases, […]

Italian preliminary contract for the purchase and sale of real estate

Italian preliminary contract for the purchase and sale of real estate, what you need to know When you buy a house, you start a multi-step process. It is important to know each phase to complete the operation in the best possible way. Let’s see in particular what the purchase proposal and the preliminary contract are. […]

Buying a home that has been given, risks and remedies

Buying a donation house in Italy, what are the risks and how to avoid them Buying a home from a vendor who has received a donation may be risky and the bank may not grant the loan. Let’s see why and how, thanks to a recent decision, it is possible to avoid problems. Donation may […]

Buy an auction house in Italy and save 20%

Buy an auction house in Italy with or without bank loan Real estate auctions are a good opportunity to buy quality property at affordable prices, stipulating, if necessary, even a special mortgage. Real estate auction: how does it work In any case, it is always possible for those who know how to choose, to find […]

Superb Service!

Superb Service! Marco Magaraggia was the perfect professional, I wanted an English speaking Lawyer and his English is perfect. We instructed his law firm to help us buy a house in Calabria, he was outstanding, there was a few problematic situations which Marco dealt with quickly and professionally. I would not hesitate to recommend Marco […]

Increase the value of your home in Italy and elsewhere

What increases the value of a property: Here are some of the most useful interventions. From the renovation of rooms to energy certification, here are the most useful interventions to increase the value of your house or apartment and make it more attractive to potential buyers. Space is never enough. When the surface of a […]

The most beautiful sea in Italy: where to go in the summer.

[smartslider3 slider=2] The best beaches to swim in Italy. Here is the most beautiful sea in Italy, where to take a bath at least once. It is about beaches, bays, inlets, coves even without a beach, where you can dive from the boat, offering pristine waters. Here’s where to go on vacation! Cala Luna, Dorgali, […]

Buying a house for 1 Euro in Italy, instructions for use

Update of Jan. 17th, 2019: There are still some 18 houses at 1 € in Italy, Sicily,  click here for further information. How does the project house for 1 € work? These houses are owned by individuals who want to get rid of them often so as not to pay taxes. We are talking about […]

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