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.