Houses for Sale Italy
Explore property for sale throughout Italy by searching real estate listings from owners, agents, developers, and hotel owners. See map of Italy Whether you’re looking for land to build a new home or an investment opportunity, Italy offers a variety of options.
Selling Italian Property
Homesgofast.com provides exposure to international buyers seeking holiday homes, relocation properties, second homes overseas, or investment opportunities. Consequently, our platform attracts visitors from the UK, USA, and Europe, allowing you to advertise your Italian property listings effectively.
Land for Sale in Italy
Use Homesgofast.com to find land for development in desirable locations such as Rome, Milan, and Florence. You can enjoy stunning countryside views, proximity to cultural landmarks, and vibrant communities. Moreover, you can find land for sale near popular tourist attractions and dynamic cities.
Investing in Italian Real Estate
Rental Income
If you are a nonresident earning rental income in Italy, you are taxed at a flat rate of 21% on the gross rental income. Unfortunately, deductions are not allowed.
Investment Property Italy
Capital Gains
Capital gains from property sales are taxed at a rate of 26% for nonresidents. However, exemptions and deductions may apply, reducing the effective tax rate.
Inheritance
Inheritance tax is imposed at varying rates depending on the value of the estate and the relationship of the beneficiary to the deceased.
Residents
Italian residents are taxed on their worldwide income, including income from property investments abroad.
For more information, the National Institute of Statistics (ISTAT) provides independent statistics on various economic indicators.
Italian Rural Properties for Sale
Recent sales in Italy include:
- A luxury villa in Tuscany
- A countryside estate in Umbria
- Charming apartments in Rome
- Modern penthouses in Milan
Living in Italy
The rental market in major Italian cities and popular tourist areas can be competitive. Rental prices vary, but you should expect to pay a premium for central and scenic locations. The demand for rental properties is high due to the influx of tourists, expatriates, and investors.
Buying a House in Italy
Property transaction costs in Italy typically range from 7% to 10% of the property price. Buyers are responsible for these costs, which include real estate agent fees, notary fees, and registration fees. Real estate agent commissions are usually between 3% and 8% of the sales price, plus VAT. Notary fees and other closing costs vary but are often significant.
Rome Property
Rome, the capital, is known for its vibrant culture, historic landmarks, and diverse real estate market. Therefore, property prices are highest in central districts like Trastevere and Centro Storico.
Milan
Milan is the economic hub of Italy, offering a mix of modern and historic properties. It is a prime location for business investments and residential properties.
Florence Real Estate
Florence offers stunning properties with breathtaking views of the Arno River and historic architecture. It is a popular area for both residential and investment properties.
Tuscany Real Estate
Tuscany is renowned for its picturesque landscapes and charming villages. It offers a mix of luxury homes and rural estates.
More Areas Where Homesgofast.com Helps Sell Italian Property
- Venice Real Estate Listings
- Naples Real Estate Listings
- Sicily Real Estate Listings
- Amalfi Coast Real Estate Listings
- Sardinia Real Estate Listings
- Turin Real Estate Listings
- Bologna Real Estate Listings
- Genoa Real Estate Listings
Resources
More about Italy here: Italy
FAQs About Buying Property in Italy
1. Can a foreigner buy a house in Italy?
Yes, foreigners can buy property in Italy. There are no restrictions for non-residents or non-citizens, as long as the buyer’s home country has a reciprocity agreement with Italy. EU citizens face no restrictions at all. Non-EU buyers may need a valid visa or residence permit to stay long-term.
Source: Italian Revenue Agency – Guide for Foreign Property Buyers
2. Are $1 homes in Italy still available?
Yes, $1 homes (commonly known as “Case a 1 Euro”) are still available in certain Italian villages. These schemes aim to revitalize depopulated areas. However, buyers must commit to renovating the property within a specified timeframe and may need to provide a deposit to guarantee the work. Renovation costs can significantly exceed the purchase price, so it’s essential to plan accordingly.
Source: Case a 1 Euro Official Website
3. Can I buy property in Italy from the UK?
Yes, UK citizens can buy property in Italy. Post-Brexit, UK residents are treated as non-EU buyers, but this doesn’t prevent property purchases. Additional considerations like visa requirements and tax obligations may apply, especially for long-term stays.
Source: Gov.uk – Living in Italy
4. What is the average price of a house in Italy?
The average price of a house in Italy varies depending on location. In major cities like Rome or Milan, prices range between €2,500 to €6,000 per square meter. In rural or southern areas, such as Calabria or Sicily, prices can drop to around €1,000 per square meter. Renovation projects are generally more affordable.
5. How long can I stay in Italy if I own a house there?
Owning property in Italy doesn’t automatically grant residency rights. Non-EU citizens can typically stay for up to 90 days within a 180-day period under the Schengen visa rules. For longer stays, you’ll need to apply for a visa or residence permit.
6. Is it smart to buy a house in Italy?
Buying a house in Italy can be a smart investment, particularly in areas with tourism potential or if you’re looking for a holiday or retirement home. Italy’s real estate market offers good value compared to other European countries. However, buyers should carefully consider renovation costs, property taxes, and legal fees before making a decision.
Source: Global Property Guide – Italy
7. Why are houses in Italy so cheap?
Houses in some parts of Italy are cheap due to population decline in rural areas, economic challenges, and a high supply of properties in less touristy regions. Many inexpensive properties require extensive renovations, which can increase the overall cost.
8. What is the cheapest part of Italy to buy property?
The cheapest areas to buy property in Italy are typically in the southern regions, such as Calabria, Sicily, and Puglia. Small villages and towns often offer extremely affordable options, including renovation projects under the $1 home schemes.
