Ride the Storm: Navigating Through Unstable Periods / Katerina Rudko (Belka G...
Italy
1. Buying Real Estate in Italy
Visiting Italy is nothing short of breathtaking. The beautiful countryside, dense
and active cities, and rich culture that Italy has to offer is why millions of people
worldwide travel vast distances to see the
wonderful country. As we visit Italy and see
firsthand what the country has to offer, those
dreams of visiting Italy instantly evolve to living in
Italy, to owning a farmhouse to vacate to, a country
villa to retire in. And why not? Italy has perfect
opportunities for the thrifty investor as long as
proper protocols and procedures are enacted in
order to truly benefit from investing in real estate in Italy. Throughout this
article we will go over necessary information when buying a house in Italy.
Choosing which area to buy real estate in may seem difficult. Frequent
vacations to the same area in Italy can help familiarize yourself with an area.
Choosing whether you buy a house in the country, suburbs, or city should
naturally depend on your lifestyle habits and general interests. While you are
still visiting Italy and even while back home, check out the real estate for sale in
the area you are visiting to get a general idea of the market. Reference this
information with similar areas in Italy to compare local real estate markets. This
is a basic procedure but is very beneficial in knowing the current trends of real
estate in Italy.
The most important part of buying Italy real estate is that you must hire a local
lawyer. Even buying real estate in the U.S. can be overbearing and Italy has a
completely different process than other
countries. It can seem like a labyrinth of
procedures and paperwork that truly
needs a local lawyer to be able to
interpret. It is imperative to hire local
Italian real estate lawyers who know the
laws inside and out to prevent any
2. Buying Real Estate in Italy
detriments to your finances in your home country.
It is important to note that a convenient way to buying Italy real estate is to
rent the home before you buy it. Italy real estate is slightly different in that it
allows for renting of homes for sale before purchase, even luxury real estate.
Renting the property beforehand allows the buyer to test everything in the
home to ensure all appliances and what not are in working order and that the
property is in a convenient location according to your specifications.
One such resource that can assist you with this is cercacasa.it. It is important to
be sure that you are comfortable and happy with every aspect of the real
estate you anticipate buying. The property may seem fine on the surface, but
after living in the home for a couple of days is a real eye-opener.
For instance, it may not be apparent at first, but having the living room closer
to the front door than the kitchen may be inconvenient for bringing groceries
inside. Other problems that may not arise instantly are structural problems. For
instance, that farmhouse on the top of the green hill may be beautiful, yet
check and make sure that all rooms in the house have a level floor. It is very
common for families who recently bought real estate to notice in a couple of
days that the house is slightly tilted.