Some Basic Steps to buy a Property in Italy

Purchasing a property abroad is pretty much difficult task as every country follows different rules and of course language barriers are also there. Let’s find out some steps that are necessary to buy property in Italy.

Proposta Irrevocabile di Acquisto 

The very first step is to create Proposta Irrevocabile di Acquisto (Purchase irrevocable proposal). It is a kind of agreement that acknowledge seller and the buyer. The proposal is between 5000 and 10000 €. This payment is a deposit and deducted from the amount of purchased price.

Contratto Preliminare

Contratto Preliminare (Preliminary Contract) or Compromesso (Compromise) is the next step after deposit is collected by the seller. Compromesso is a document that is mentioned the cadastral data of the purchasing property and the complete feature including planning permission for the property construction and transformation as well. Besides, price, form of payment, status of the property and the non-existence of mortgages are also admitted.

It is required to pay 30% of the property value at the time of signing the Preliminary Contract that will be subtracted at the time of Purchase irrevocable proposal. Then according the act the final contract will be signed by the both buyer and seller in front of the public notary. This is to be noted that the course that for the purchase of the house in Italy you must have a tax code, you can also get it from agent intermediary.

Italy comes under most beautiful countries in the world. It is officially called the Italian Republic covers the area of 301,338 km2 and has a largely temperate climate. The country has most inspiring and treasurous culture with magnificent scenery. In terms of architectural beauty, the country contains Venice, Florence and Rome. It’s having numerous natural masterpieces and mountains. 

You can find out perfect naturalist painting that is the ‘Amalfi Coast” or “Lake Maggiore” and the “Alps”. There you can get to know that no country on Earth offers such beauty anywhere you turn as Italy. Before vising the place you must carry Map of Italy with cities.
The country is having a pleasing environment to live.