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ITALY

Buying a property in Italy

Most people choosing to buy a property in Italy, would not do so for the climate alone. Weather can be uncertain and although very hot in the summer can be very cold in winter months.

In recent years buying a property in Italy has become extemely popular, particularly with UK nationals. There is something very rewarding about owning your own second home in another country and many find that this arrangement is more preferable to seeking a different destination for each holiday. Since the advent of low cost air flights the Italian property buying business has increased. Although perhaps not as popular for property seekers as other European destinations, the sheer beauty, culture, architecture, food and scenery have an irresistable appeal.

You should always seek expert advice when buying your first Investment Property, in any country. However this article aims to provide a basic insight into points to remember or consider when you embark on buying property a property abroad.

Although the sun continues to shine through the winterm most parts of Italy remain as cold as winters in the UK although the winter period in Italy tend to be shorter.

If you are thinking about buying a property in Italy it is advisable to rent a place first before deciding on which location, if any, you would like to buy. If your main purpose for buying a property is for rental income, you may wish to consider buying in, or near to, an area popular with tourists.

Buying a property in Italy can actually be more difficult than in most other countries. If you go to an overseas homes exhibition, you will definately not come across a stand offering new- build or off-plan Italian properties. This is mainly because Italy does not attract foreign investors or big property developers. One reason for this is that many local councils are still controlled by communists, who do not want large gated communities and prefer their farmland to stay that way!

If you manage to find a property in Italy that you are determined to purchase you will be lost without being able to speak Italian fluently. If you can't you would be wise to seek out a friend who can, as this will be of great advantage when wading through the very bureaucratic process associated with buying an Italian property.

So what does the process entail? An old house, needing total renovation and possibly without a roof, could cost you around £160,000 in a place like Tuscany. Many such Italian properties will not have basic services such as electricity and water.

Having found your property you will need to appoint a 'geometra' to draw up plans for the restoration. A word of warning - dont expect these plans to be as precise as they would be in the UK! Although this may be a bit disconcerting, he will know what he is doing but you will need access to someone who can, not only speak fluent Italian but be totally conversant with Italian technical terms.

Before you proceed to construction the plans have to be approved by the local council failyre to do this may result in the property having to be demolished.

With restoration costs, your £160, 000 property could ultimately cost you £500,000.

Estimates from Italian builders are difficult to come by! If you are lucky you may eventually get a vague estimate of what the job will probably, rather than certainly, cost.

Most British lenders offer mortgages on Italian properties although you can get up to an 80% loan from an Italian lender providing you satisfy the payback requirements of course.

The actual legal processs of purchasing a home in Italy is similar to that in France. You will need to appoint a notary to ensure that the preliminary agreement is what it says it is.

It is vital to employ a solicitor fluent in both English and Italian.

December 2005

Italy

The beautiful, romantic country of Italy is located on the Italian Peninsula in Southern Europe.

At its best in Spring and Autmn, Italy’s climate varies from North to South but its breathtaking landscapes and culturtal heritage can be enjoyed all year round. Italy has hot, dry summers, with July in particular being the hottest month of the year. The north can get cold in winter compared to the more milder winters experienced in the south.

Sharing its northern Alpine boundary with France, Switzerland, Austria and Slovenia , Italy is home to the largest number of UNESCO World Heritage Sites. Italy has its fair share of beautiful scenery, romantic settings and historic cities - Italy’s many popular cities include Venice, Florence and Naples, each having its own identity and character as well as true Italian style and charm.

Fashion, cuisine, beauty and fantastic scenery are in abundance here – there is a piece of Italy that will become a favourite to all visitors. Central Italy is home to its history and art whereas the remaining history of the Roman Empire including The Colosseum, can be found in Rome.


ITALY Vacation Rentals - 48 examples from our database

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VACATION RENTAL: Apartment in Positano with private access to the sea
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Prices from EUR1,320

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VACATION RENTAL: LARGE LUXURIOUS 4 BEDROOMED HOUSE IN THRIVING VILLAGE IN THE CENTRE OF ABRUZZO
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Prices from GBP795

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VACATION RENTAL: Watermill apartments in medieval village of Verrucola di Fivizzano, Lunigiana
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Prices from GBP1,090

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VACATION RENTAL: Old, stone former mill converted into three apartments, Verrucola di Fivizzano,
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Prices from GBP450

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VACATION RENTAL: Old, stone former mill converted into three apartments, Verrucola di Fivizzano,
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Prices from GBP450

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VACATION RENTAL: Old, stone former mill converted into three apartments, Verrucola di Fivizzano
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Prices from GBP235

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VACATION RENTAL: Two completely restored apartments with swimming pool into the green Lunigiana
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Prices from EUR882

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VACATION RENTAL: Elegant villa in Lazio ( Rome - Italy).
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Prices from EUR600

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VACATION RENTAL: Very charming farmhouse and a little house in a DOC wine estate
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Prices from EUR260

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VACATION RENTAL: Azalea House is art , technology , nature on the Lake Como.
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Prices from EUR350

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VACATION RENTAL: charming 18th century villa that enjoys a breathtaking view of Orta Lake
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Prices from EUR1,100

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VACATION RENTAL: VILLA BASSO , Apulia -CHARMING APARTMENT IN HISTORICAL VILLA ON THE COAST, slee
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Prices from EUR700

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VACATION RENTAL: Charming farmhouse in a DOC wine producing estate
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Prices from EUR580

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VACATION RENTAL: Superb penthouse property with stunning view
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Prices from EUR408

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VACATION RENTAL: VILLA BASSO SUITE,TERRACED ,SELF CATERED , STUNNING VIEW FOR 2
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Prices from EUR450

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VACATION RENTAL: A beautiful new contemporary apartment with an ample roof terrace
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Prices from EUR800

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VACATION RENTAL: 3 Bedroom Tuscan Farmhouse sleeps 10 near Lucca, Pisa and Florence
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Prices from EUR1,000

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VACATION RENTAL: Traditional house in medieval town
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Prices from GBP350

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VACATION RENTAL: Very cozy and romantic panoramic apartment
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Prices from EUR130

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VACATION RENTAL: Apartment located in parco nazionale del gargano
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Prices from EUR200

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VACATION RENTAL: A delightful farmhouse which dates back to the 17th Century
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Prices from GBP650

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VACATION RENTAL: Breathtaking views from the lounge window
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Prices from EUR800

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VACATION RENTAL: Holiday Apartment in the hills 2 KM from Cefalu
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Prices from EUR400

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VACATION RENTAL: Medieval Apartment House in Calitri (AV), Region of Campania, Southern Italy
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Prices from EUR345

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VACATION RENTAL: Lovely holiday house directly by the LAKE ISEO on Montisola island
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Prices from EUR540

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VACATION RENTAL: Charming self-catering property - Sleeps up to 5 people
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Prices from GBP350

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VACATION RENTAL: Each private villetta has its own entrance and can accommodate up to 6 people
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Prices from GBP535

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VACATION RENTAL: Sleeps 6 + 2, 3 bedrooms, 2 bathrooms apartment
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Prices from GBP400

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VACATION RENTAL: This large house dates back to the 11th century was once a convent.
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Prices from GBP300

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VACATION RENTAL: LAKE MAGGIORE APARTMENT FOR RENT WITH LAKE VIEW
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Prices from EUR379

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VACATION RENTAL: A Magnificent Palazzo in Calitri (AV), Region of Campania, Southern Italy
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Prices from EUR618

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VACATION RENTAL: Villa close to Limone sul Garda situated directly on the beach!
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Prices from GBP520

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VACATION RENTAL: Beautifully converted 2 bedrooms, 2 bathrooms, charming apartment
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Prices from GBP325

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VACATION RENTAL: Two-bedroomed home on the beautiful island of Sardinia
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Prices from GBP325

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VACATION RENTAL: Medieval Apartment House in Calitri (AV), Region of Campania, Southern Italy
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Prices from EUR279

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VACATION RENTAL: Luxury new villa In a 4 acre Olive Grove with stunning views
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Prices from GBP1,000

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VACATION RENTAL: Holiday's Apartments for rent on Lake of Como Italy
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Prices from EUR500

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VACATION RENTAL: 1920s newly restored Stone House with Outside (six seater) Jacuzzi
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Prices from AUD1,700

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VACATION RENTAL: Suitable for 2 or honeymooners.absolutly secluded with romantic double bedroom
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Prices from EUR500

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VACATION RENTAL: Holidays in Villa on Lake of Como
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Prices from EUR750

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VACATION RENTAL: Villa Manganaro represents the last unictestimony of rich family who lived here
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Prices from EUR700

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VACATION RENTAL: Holiday Apartment for 12 people five minutes walk from the sea
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Prices from EUR650

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VACATION RENTAL: Parco Verde Apartment in Sorrento Centre, Amalfi Coast, Positano, Capri, Naples
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Prices from EUR650

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VACATION RENTAL: Casa della Mamma in Sorrento, Apartment, Amalfi Coast, Capri, Positano, Naples
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Prices from EUR880

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VACATION RENTAL: APARTMENTS IN RICCIONE (RIMINI) CLOSE TO THE BEACH AND CITY CENTRE
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Prices from EUR450

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VACATION RENTAL: The ideal venue for your vacation in Veneto
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Prices from EUR2,200

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VACATION RENTAL: Vacation Rental in Positano, Italy
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Prices from EUR600

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VACATION RENTAL: Rachele in Apartment in Sorrento Centre, Amalfi Coast, Positano, Capri, Naples
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Prices from EUR800

ITALY Hotels - 48 examples from our database

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HOTEL: vacation, apulia, sea, farm house, b&b, relax, salento,
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Rooms from EUR50

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HOTEL: VERY NEAR TO VENICE - Holidays Apartment + B & B
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Rooms from EUR56

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HOTEL: Nearby amazing scenary of the Imperial Rome and Colosseo is located Labicana 42.
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Rooms from EUR60

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HOTEL: Albergo Vicino Gardaland
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Rooms from EUR45

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HOTEL: TOLFA HOTEL” : a true Italian dream!
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Rooms from EUR80

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HOTEL: 4star Hotel near airport in Mestre Venice with free WiFi internet and restaurant
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Rooms from EUR100

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HOTEL: 4star Hotel near Venice airport with free WiFi internet spa and restaurant
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146 Bedrooms

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HOTEL: 4star hotel with pool and restaurants near treviso city and treviso airport
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136 Bedrooms

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HOTEL: 4star venetian villa near treviso city and treviso airport top class relax pool
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34 Bedrooms

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HOTEL: La Giada B&B-Holidays Home in the country of Assisi offers comfort low cost
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Rooms from EUR80

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HOTEL: 4 apartments in an idyllic, rural location, surrounded by olive trees/SCIACCA
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Rooms from EUR50

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HOTEL: sicilily,etna,lodge,guest,rooms,taormina,volcano
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Rooms from EUR75

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HOTEL: A beautifully restored, traditional Piedmontese farmhouse now a luxury B&B
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Rooms from EUR60

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HOTEL: bb bed and breakfast rome latium italy b&b lodging etruscan ruins park lake rent
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Rooms from EUR70

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HOTEL: Residence Of Charm
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Rooms from EUR65

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HOTEL: Located in the centre of Sorrento near the main square
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16 Bedrooms

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HOTEL: B&B Central Florence
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Rooms from EUR50

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HOTEL: Country Hotel in Tuscany, Italy
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Rooms from EUR120

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HOTEL: By Plane, Catania Fontanarossa Airport and then State Road 114 CT-SR (Catania-S
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Rooms from EUR50

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HOTEL: Most sought-after hotel in Sardinia
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Resort Hotel

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HOTEL: hotel,B&B,apartments,country hotel,flats,rooms,farm-holidays,ranch,riding school
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30 Bedrooms

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HOTEL: Porta Perugina is an exclusive B&B situated in the ancient Roman town of Bevanga
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Rooms from EUR80

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HOTEL: ITALY PIEDMONT FEW KM FROM THE CITY' THERMAL OF ACQUI TERME, PARKING PRIVATE
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Rooms from EUR35

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HOTEL: Family-run farmhouse situated on a hill, within the Cilento National Park.
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Rooms from EUR40

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HOTEL: ITALY PIEDMONT FEW KM FROM THE CITY' THERMAL OF ACQUI TERME, PARKING PRIVATE
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Rooms from EUR38

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HOTEL: lovely B&B in the heart of Tuscany....
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Rooms from EUR95

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HOTEL: new structure multiconfort on the Sicily's beach
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Rooms from EUR75

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HOTEL: B&B Rome center bed and breakfast rome italy hotel accomodation in rome
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Rooms from EUR70

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HOTEL: Luxury B&B Apartments and Rooms to rent in the center of Rome.
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Rooms from EUR120

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HOTEL: Romantic and Panoramic in Perugia Umbria Region.Infinity panoramic pool
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Rooms from EUR50

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HOTEL: In Tuscany, between Siena and Arezzo, Castle LA PIA DAMA (The Pious Lady)
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Rooms from EUR120

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HOTEL: Hotel Nigritella - Selva di Cadore, Pelmo, Dolomiti
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Rooms from EUR65

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HOTEL: RELAX IN TUSCANY
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Rooms from EUR59

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HOTEL: Albergo Vicino Gardaland
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Rooms from EUR35

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HOTEL: Hotels gargano, hotel vieste, vieste hotels, rooms gargano B&B vieste
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Rooms from EUR50

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HOTEL: vacation Portofino beach Rapallo summer economic
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Rooms from EUR37

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HOTEL: Hotel Palazzo Stern**** situated in the city center faced on the Grand Canal!
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Rooms from EUR25,000

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HOTEL: Indulge in a Truly authentic vacation in the heart of Rome's historical center.
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Rooms from EUR85

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HOTEL: in a villa in the Roman Hills to 40 minutes of Spain Plaza, three rooms in B&B
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Rooms from EUR65

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HOTEL: Hot Deals . Vacation Rentals .Bed and Breakfast Accommodation in Rome Center
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Rooms from EUR60

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HOTEL: vacation deals Hotel in the cilento coast Near Pompei and Peastum Hotel
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Rooms from EUR40

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HOTEL: Centrally located, twin and single room!
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Rooms from EUR39

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HOTEL: B&B Nicolosi, B&B Etna, bed and breakfast Nicolosi, bed and breakfast Etna
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Rooms from EUR60

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HOTEL: Ma&Mi bed and breakfast, apartements, holiday houses and others lodgings
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10 Bedrooms

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HOTEL: In front of the sea, Villa Ghimette is a B&B with direct access to the beach!
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4 Bedrooms

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HOTEL: Charming sardinian style Hotel
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12 Bedrooms

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HOTEL: Hotel Italy
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14 Bedrooms

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HOTEL: Cerchi un albergo a Pitigliano? All'Hotel Corano trovi l'ospitalità Toscana
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31 Bedrooms

Popular Towns/Cities for adverts within Italy

VENICE - VENETO   VENICE 699 adverts present in our database with 2 Holiday Rentals, 697 Hotels

RIMINI - EMILIA-ROMAGNA   RIMINI 333 adverts present in our database with 333 Hotels

NAPLES - CAMPANIA   NAPLES 270 adverts present in our database with 270 Hotels

PALERMO - SICILY   PALERMO 160 adverts present in our database with 2 Holiday Rentals, 158 Hotels

SORRENTO - NAPLES   SORRENTO 147 adverts present in our database with 4 Holiday Rentals, 143 Hotels

TURIN - PIEDMONT   TURIN 127 adverts present in our database with 127 Hotels

BOLOGNA - EMILIA-ROMAGNA   BOLOGNA 120 adverts present in our database with 120 Hotels

CATANIA - SICILY   CATANIA 118 adverts present in our database with 1 Holiday Rental Listing, 117 Hotels

LUCCA - TUSCANY   LUCCA 116 adverts present in our database with 1 Holiday Rental Listing, 115 Hotels

ASSISI - UMBRIA   ASSISI 107 adverts present in our database with 1 Holiday Rental Listing, 106 Hotels

RICCIONE - RIMINI   RICCIONE 106 adverts present in our database with 1 Holiday Rental Listing, 105 Hotels

SIENA - TUSCANY   SIENA 100 adverts present in our database with 1 Holiday Rental Listing, 99 Hotels

TAORMINA - CATANIA   TAORMINA 94 adverts present in our database with 94 Hotels

MONTECATINI TERME - TUSCANY   MONTECATINI TERME 93 adverts present in our database with 93 Hotels

TRAPANI - SICILY   TRAPANI 92 adverts present in our database with 1 Holiday Rental Listing, 91 Hotels

RIVA DEL GARDA - TRENTO   RIVA DEL GARDA 83 adverts present in our database with 83 Hotels

PERUGIA - UMBRIA   PERUGIA 81 adverts present in our database with 1 Holiday Rental Listing, 80 Hotels

VIESTE - APULIA   VIESTE 75 adverts present in our database with 75 Hotels

CAGLIARI - SARDINIA   CAGLIARI 75 adverts present in our database with 75 Hotels

SAN GIMIGNANO - TUSCANY   SAN GIMIGNANO 74 adverts present in our database with 1 Holiday Rental Listing, 73 Hotels

LECCE - APULIA   LECCE 72 adverts present in our database with 72 Hotels

SIRMIONE - BRESCIA   SIRMIONE 72 adverts present in our database with 72 Hotels

GENOA - LIGURIA   GENOA 69 adverts present in our database with 69 Hotels

RAVENNA - EMILIA-ROMAGNA   RAVENNA 68 adverts present in our database with 68 Hotels

AGRIGENTO - SICILY   AGRIGENTO 66 adverts present in our database with 66 Hotels

TRIESTE - FRIULI-VENEZIA GIULIA   TRIESTE 62 adverts present in our database with 62 Hotels

OLBIA - OLBIA-TEMPIO   OLBIA 61 adverts present in our database with 61 Hotels

VIAREGGIO - TUSCANY   VIAREGGIO 56 adverts present in our database with 56 Hotels

MONTEPULCIANO - SIENA   MONTEPULCIANO 55 adverts present in our database with 2 Holiday Rentals, 53 Hotels

POSITANO - SALERNO   POSITANO 54 adverts present in our database with 2 Holiday Rentals, 52 Hotels

AREZZO - TUSCANY   AREZZO 53 adverts present in our database with 3 Holiday Rentals, 50 Hotels

DESENZANO DEL GARDA - BRESCIA   DESENZANO DEL GARDA 52 adverts present in our database with 52 Hotels

FERRARA - EMILIA-ROMAGNA   FERRARA 52 adverts present in our database with 52 Hotels

CORTONA - TUSCANY   CORTONA 50 adverts present in our database with 2 Holiday Rentals, 48 Hotels

CATTOLICA - EMILIA-ROMAGNA   CATTOLICA 50 adverts present in our database with 50 Hotels

AMALFI - SALERNO   AMALFI 49 adverts present in our database with 1 Holiday Rental Listing, 48 Hotels

RAGUSA - SICILY   RAGUSA 49 adverts present in our database with 1 Holiday Rental Listing, 48 Hotels

COURMAYEUR - AOSTA VALLEY   COURMAYEUR 48 adverts present in our database with 48 Hotels

ISCHIA - CAMPANIA   ISCHIA 48 adverts present in our database with 48 Hotels

CEFALU - PALERMO   CEFALU 47 adverts present in our database with 1 Holiday Rental Listing, 46 Hotels

LIPARI - AEOLIAN ISLANDS   LIPARI 47 adverts present in our database with 47 Hotels

SPOLETO - UMBRIA   SPOLETO 42 adverts present in our database with 42 Hotels

MATERA - BASILICATA   MATERA 40 adverts present in our database with 40 Hotels

BARDOLINO - VERONA   BARDOLINO 40 adverts present in our database with 1 Holiday Rental Listing, 39 Hotels

OSTUNI - APULIA   OSTUNI 40 adverts present in our database with 40 Hotels

MANCIANO - TUSCANY   MANCIANO 40 adverts present in our database with 1 Holiday Rental Listing, 39 Hotels

STRESA - VERBANO-CUSIO-OSSOLA   STRESA 39 adverts present in our database with 39 Hotels

LA SPEZIA - LIGURIA   LA SPEZIA 38 adverts present in our database with 38 Hotels

MANTUA - LOMBARDY   MANTUA 38 adverts present in our database with 38 Hotels

FASANO - APULIA   FASANO 38 adverts present in our database with 38 Hotels

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