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.
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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
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Recent Italian case law (January 11, 2019) Marriages in general According to article 5, par. six, of law 898/70, after the amendments introduced by law 74/1987, the recognition of an alimony check, to which a function of assistance that is both compensatory and equalizing must be attributed, requires verification of inadequate means (of support) or in any case, of the impossibility of supporting oneself for objective reasons….. and in particular in light of a comparative evaluation of economic-patrimonial conditions of
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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