Buying Italian Real Estate should be exciting but, it can also be a complex process The best way to protect your investment when buying Italian real estate is to engage an English-speaking Italian lawyer. Instructing an independent, English-speaking Italian lawyer could save you money and stress in the long run. Choosing the right Italian lawyer […]
This short guide aims to cover the key elements of the Italian purchasing process For a more in-depth explanation, you may wish to read our comprehensive Italian Property Buying Guide. Buying an Italian property proceeds through 3 key stages: – Proposta irrevocabile d’acquisto (Reservation offer) – Contratto preliminare di vendita (Preliminary contract) – Atto di vendita (Deed […]
Selling your Italian property can be a difficult and lengthy process To aid the process in the long run, it is therefore important to make things easier at the outset. Prior to selling your Italian property there are certain preparations that are worthwhile making. Preparing a sales package The first step is to gather all […]
What is an Italian tax code (codice fiscale)? For foreigners who want to buy property in Italy, it is important to know what the fiscal code is. The Italian fiscal code or codice fiscale is an alphanumeric 16 character code generated on the basis of your personal information. An Italian tax code is similar to […]
Italian Budget Law 2023 The Italian Senate approved Italian Budget Law 2023 on 29th December, 2022. The Budget Law came into effect on 1st January, 2023. In this article, we outline the main budget and bonus measures pertaining to Italian property. Superbonus: anti-seismic renovations and energy efficiency improvements During the COVID pandemic in 2020, the […]
What is reciprocity? Sovereign laws, set by individual countries, have always been applicable when it comes to property purchases – even prior to Brexit. For example, when you buy property in England, the applicable law is that of England and Wales. When you buy property in Italy, you purchase according to the laws of Italy. […]
Avoid common mistakes when buying a property to renovate in Italy Buying and renovating a property in Italy is a common scenario. It is also a common scenario for these projects to end in heartache. At De Tullio Law Firm we often don’t meet these buyers until after they have purchased a property. They have usually […]
Insurance policy for off-plan property Buying off-plan means you purchase your home before the developer has finished building it. You may even buy it before construction has begun. This type of purchase in Italy is not without risks. Article 4 of Italian legislative decree 122/2005 states that a construction company must provide an off-plan insurance […]
What is a PEC? PEC stands for posta elettronica certificata. It is essentially a certified email, which has a legal value, like a digital version of a registered letter (lettera raccomandata). Posta elettronica certificata guarantees legal certainty of the sender’s identity as well as the date and time the email was sent. A PEC also […]
What is an Italian EPC (Attestato di Prestazione Energetica) ? An Italian EPC (Attestato di Prestazione Energetica or APE) describes the energy characteristics of a property. In Italy an APE is mandatory in order to sell or let a property. When is an APE mandatory? An APE is a legal requirement that came into effect on 1st […]
