{"id":9199,"date":"2023-05-07T01:40:53","date_gmt":"2023-05-07T01:40:53","guid":{"rendered":"https:\/\/travelstoeurope.com\/?p=9199"},"modified":"2023-12-17T23:36:33","modified_gmt":"2023-12-17T23:36:33","slug":"guide-buy-houses-for-sale-italy","status":"publish","type":"post","link":"https:\/\/travelstoeurope.com\/house\/guide-buy-houses-for-sale-italy\/","title":{"rendered":"How to Purchase a House in Italy: Step-by-Step Guide"},"content":{"rendered":"\n
If you’ve ever dreamt of owning a house in Italy, then 2024 is you year to reach this goal. 2024 might be the perfect time to turn that dream into a reality. Italy offers a captivating blend of rich history, stunning landscapes, and a vibrant culture that make it an ideal destination for homeownership. However, navigating the process of purchasing a house in a foreign country can be daunting, especially if you’re unfamiliar with the local regulations and procedures.<\/p>\n\n\n\n
In this step-by-step guide, we will walk you through the essential aspects of buying a house in Italy. From understanding house prices in different regions to identifying the best locations for your investment, and from hiring the right professionals to dealing with residency and citizenship requirements, we’ve got you covered. Whether you’re looking for a cozy apartment in a historic city or a charming villa in the countryside, this guide will provide you with the necessary information to make informed decisions and ensure a smooth homebuying experience.<\/p>\n\n\n\n
We have listed the best regions with prices to buy a house in Italy on this article: Best Regions To Buy a House in Italy<\/a>. Right there, we listed the pros and cons to buying in each region, covering prices, what is like to live in these places. Overall, Italy has many good places to buy a house and live in, Italy by itself is a hidden gem in Europe. The best regions to buy a house in Italy that we\u2019ve listed are:<\/p>\n\n\n\n We strongly recommend you to check this article out.<\/p>\n\n\n\n To be as honest and clear as possible we have tried to understand how house prices work in Italy in the main regions. For that we used the website idealista.com, which has great representation in the real estate market in Spain and Portugal as well. Here we look for the cheapest options, we also look for houses in acceptable states of conservation, we don’t want totally finished houses, entirely unrefurbished. If apparently the house has some renovation work to do, as long as it’s not too much, then we will consider it.<\/p>\n\n\n\n This first option looks very good, it is in the town of Agli\u00e8 for only 60 000 euros. It is not a new building, but the internal conditions of the house seem well maintained, it gives the impression that someone has remained living and taking care of the house lately, this is a good sign. It is an apartment that has 4 bedrooms, 1 bathroom, green area, garage and a total of 85m\u00b2. The total price is 60,000 euros, which is 706 euros per square meter. There is also information that it has a condominium expense of 43 euros per month. <\/p>\n\n\n\n For those looking to finance, the site also provides a simple simulation of how the values would be if you opt for a financing. With a 30% down payment, dividing the rest into 30 months, you would pay 18,000 euros down and the rest in installments of 200\u20ac per month. Sounds interesting, since you would be paying rent for a house anyway.<\/p>\n\n\n\n Another great option in San Leonardo, Parma. For 88 000 euros, with 90m\u00b2, 3 bedrooms, 1 bathroom, you get an apartment in a 1970’s building, apparently well maintained as we can see in the pictures below taken from the ad.<\/p>\n\n\n\n Parma, in a well-served area near the station and the old mill park, we offer for sale an apartment in a small 70s building. The property is in good original condition, however it needs renovation works despite being habitable. Internally it is composed of an entrance hall, a dining room with French windows to access the balcony, a kitchenette, 2 bedrooms and a bathroom.<\/p>\n\n\n\n If you think about financing, they also left a simulation, giving a down payment of 30% of the value of the house, corresponding to 26,400 euros and paying the rest in 30 years, you would pay monthly 294 euros. Under these conditions, this apartment costs 978 euros per square meter.<\/p>\n\n\n\n This apartment option is for 75,000 euros and is located in Palermo, via Francesco La Fata, at a short distance from the university citadel, we offer for sale a bright house located on the sixth floor of a building with a lift. The house is in need of modernization, has a commercial area of approximately 90 sqm. The current layout includes: entrance, living room, bedroom, bedroom, kitchen and bathroom. The double exposure and the plan makes it airy and panoramic. The prospectus has recently been redone. The well-stocked area of commercial activities makes the house convenient both for main residence and as an investment use given the proximity to the university.<\/p>\n\n\n\n For you who want to do a financing, the site leaves a simulation with 30% down payment, being 22,500 euros, and paying the rest in 30 years, you would pay 250 euros per month. Considering also that this apartment needs renovation work. Under these conditions, this apartment is priced at 833 euros per square meter, a little lower than the last option.<\/p>\n\n\n\n Another great option, this time in Genoa. For 60,000 euros, a 75m\u00b2 apartment with 3 bedrooms, 1 bathroom, living room and kitchen. It is a 1940’s building, although in an old building, it seems to have good internal conditions, which is worth trying to negotiate the price. The price goes around 800 euros per square meter.<\/p>\n\n\n\n Via alla Costa di Begato adjacent to Via Negrotto Cambiaso, they offer a very tidy 5-room apartment. Second floor with lift comprising entrance hall, large kitchen\/dining room, two bedrooms, bathroom, veranda loggia with open view of the greenery and large private cellar. The property is in good condition, equipped with aluminum windows and armored door. For those looking for a more specialized service, I did some research and found the website https:\/\/housefindersnorthernitaly.com\/<\/a>. They provide consulting services to find the right property for you in Northern Italy, more specifically in Piedmont. They also made a youtube video showing the process of buying a house in Italy, with costs for renovation, modifications, and the total cost of the purchase and work. I leave here below the video for you to watch.<\/p>\n\n\n\n\n
How Are House Prices In Italy?<\/h2>\n\n\n\n
First Option: 60.000 euros\/85m\u00b2<\/h3>\n\n\n\n
Second Option: 88.000 euros\/90m\u00b2<\/h3>\n\n\n\n
Third Option: 75.000 euros\/90m\u00b2<\/h3>\n\n\n\n
Fourth Option: 60.000 euros\/75m\u00b2<\/h3>\n\n\n\n
Roof and facades in perfect condition. It also has Autonomous heating system and Condominium parking space.<\/p>\n\n\n\n