An Asset That Withstands Any Era
We will select a liquid real estate asset in Italy with maximum growth potential. Full legal support and management assistance.
The House Price Index (HPI) is a measure of the average change in residential property prices over time. A value of 100 is taken as the starting point (base period). An increase in the index, for example to 110, means a 10% price increase compared to the base period. Accurate calculation uses specialized methods like repeat-sales analysis and hedonic regression, which account for various property characteristics to ensure data comparability. The HPI is a key indicator for assessing real estate market dynamics.
Why is it profitable to invest in real estate in Italy?
The House Price Index in Italy continues to rise: by the end of 2024, it reached 113.6 points. The forecast for 2025-2026 is steady growth to 120-121 points.
- Limited market supply
- Investments in infrastructure and transport
- Expected ECB rate cuts
Stages of Buying Real Estate in Italy
Obtaining a Tax Number (codice fiscale)
The tax number can be obtained in Italy from the Revenue Agency (Agenzia delle Entrate) or at a consulate.
Opening a Bank Account
To open a bank account, non-residents typically need to provide a valid passport, proof of income, and an Italian tax code (codice fiscale). After an appointment with the bank to verify the documents, you can fund the account, including for a property purchase, via an international bank transfer to the notary's dedicated escrow account.
Selecting a Property
Decide on the region, type of property, and budget.
Documentation Check and Preliminary Contract
A lawyer or agent checks the property's legal "cleanliness." A preliminary sale and purchase agreement is signed, and a deposit (usually 10-20%) is paid.
Tax and Service Payments
When making a transaction, it's necessary to consider not only the property price but also additional costs. On average, these amount to 7% to 15% of the property's value.
Registration Tax (Imposta di registro)
If you are buying from a developer (new construction), you pay VAT instead of the registration tax:
- 2% — if you are buying your first home (prima casa) and registering it as your primary residence
- 9% — if it is a second home or an investment
- The tax base is the cadastral value (which is usually lower than the market price)
If you are buying from a developer (new construction), you pay VAT instead of the registration tax:
- 4% — for your first property (prima casa)
- 10% — for a second property
- 22% — for "luxury" category objects (villas, historical buildings)
- Cost: 1–2% of the property value (typically from €2,000 to €6,000)
- 3–5% of the property price
- Stamp duty, cadastral, and mortgage taxes — approximately €100–200 each
- Interpreter (mandatory if you do not speak Italian) — from €300 to €1,000
- Lawyer (optional, but often necessary for complex transactions) — from €1,500
- Property appraisal or technical survey — from €500
Signing the Final Deed of Sale and Payment
A notary authenticates the documents and prepares the final deed (rogito).
Payment methods for the transaction:
Payment methods for the transaction:
- Banker's draft (assegno circolare)
- Bank transfer to the seller's account
- Notary's escrow account (conto dedicato del notaio)
Property Registration
The notary submits the documents to the land registry. You will receive an ownership certificate a few weeks later.
