Bare ownership can be an interesting option for foreigners looking to invest in the Italian real estate market, as it represents an opportunity to acquire a property at a lower price than the purchase of full ownership. In fact, the sale price of a property with usufruct is considerably lower than that of full ownership precisely because the usufructuary has the right to continue living in the apartment until his/her death.
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The New Property Tax on your Italian Real Estate is due on June 16th IMU. We can calculate the amount you have to pay for the year 2020 within the June deadline. Please send an email to assistance@vademecumitalia.com and we will send you a quote for the assistance. In Italy, there is a property tax that Real Estate owners have to pay every year, which is called IMU (Imposta Municipale Unica). If the owner does not pay this tax, the
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Do you have an apartment in Italy? You should partecipate in your condominium meetings. You proudly bought a house in Italy, or you inherited one from your parents or grandparents, and now you are just waiting for the first chance you have to come to Italy and spend some days in your house or maybe to retire in the “Bel Paese”. Now, if you own an apartment in a condominium (a building with other apartments) in Italy, you should know
Read more →Short-term home rentals: the tenant’s personal information must be sent to the police authorities within 24 hours Decree-law October 4, 2018, no. 113 (published in the Gazzetta Ufficiale no. 231 on October 4, 2018, a.k.a. ‘Decreto Sicurezza’, converted into law on December 1, 2018, no. 132 ( published in the Gazzetta Ufficiale no. 281 on December 3, 2018,) established, under article 19bis n1, that landlords or sub-lessors of homes or parts thereof, even when the rental period is less than 30
Read more →Do you have a house in Italy? Don’t forget to pay the annual tax on real estate (IMU) You bought a house in Italy because you would like to move to Italy in the future, or as an investment, or just to feel at home when you come to Italy to enjoy the wonders of the Italian peninsula, such as art, history, nature, or food and wine. However, no one, including the real estate agent or the notary you went to, told
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