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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Italy is a popular destination for foreign investors, thanks to its strong economy, beautiful scenery, and rich culture.
But buying real estate in Italy can be a daunting task, especially if you’re not familiar with the local market. That’s where Vademecum Italia comes in.
Read more →In order to buy a house in Italy there are some important steps to follow. Although there is no need to turn to a real estate agent, it is advisable for the parties to sign a preliminary contract with which they mutually agree to sell and purchase a property by signing a deed on a specific date. With the preliminary contract there is no transferring of ownership but only a promise to sell and to purchase in the future. After the preliminary phase, the parties must
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