For several years now, Italy has had a mechanism in place that allows you to buy property for 1 euro. Yes, a symbolic 1 euro to buy a house. Obviously, the properties in question are not in perfect condition and there are certain obligations associated with their acquisition, but this scheme has already attracted many expatriates. Created with the aim of renovating and revitalising Italian villages, the €1 houses are selling very well and the scheme has been extended to other municipalities. What are the conditions for taking part? Which villages are taking part? I'm Lisbob, the expat assistant, and I'm going to tell you everything you need to know to buy a €1 house in Italy.
Real estate taxation in Italy
Buying a house in Italy is just as or more complicated than in other European countries. New language, new rules, it is important to learn about the process of buying real estate beforehand so as not to be surprised. Many expatriates have rushed in believing they had found the right deal and have found themselves in complicated situations. From the search for the property to the signature, through the accompaniment, I have listed all the steps to acquire a property in Italy. I’m Lisbob, the expat assistant, and I’m going to tell you how to buy a house in Italy.
5 mistakes you should avoid making when buying a house or a property in Italy
Are you an expatriate in Italy looking for the house of your dreams, the one that will accommodate your entire happy family? Or are you simply looking to invest in real estate in Italy and make a profit? There are many reasons to buy a house in Italy, and many mistakes to avoid. Indeed, many expatriates have rushed to buy their property in Italy and unfortunately had to face many difficulties, and sometimes significant financial losses. House seized after purchase, wrong estimation of real estate taxes, you have to be careful when buying a house or a property in Italy. What are the pitfalls to avoid when buying a property? What are the 5 mistakes not to make? Lisbob accompanies you in this wonderful adventure. Here are the 5 mistakes not to make when buying a house or property in Italy.
How to buy a property in Italy: complete guide
Buying a house in Italy is just as or more complicated than in other European countries. New language, new rules, it is important to learn about the process of buying real estate beforehand so as not to be surprised. Many expatriates have rushed in believing they had found the right deal and have found themselves in complicated situations. From the search for the property to the signature, through the accompaniment, I have listed all the steps to acquire a property in Italy. I’m Lisbob, the expat assistant, and I’m going to tell you how to buy a house in Italy.
Complete list of Italian villages offering houses at 1 euro
For several years, Italy has implemented a mechanism to acquire property for 1 euro. Yes, 1 euro symbolic to buy a house. Obviously, the property in question is not in perfect condition and certain obligations are associated with the purchase of a house for € 1, such as the renovation of the property. Created with the aim of renovating and revitalizing Italian villages, the € 1 house program works very well and has been extended to several municipalities. Lisbob, the expatriate assistant, reveals the complete list of Italian villages offering 1 euro houses in 2020.