{"id":6051,"date":"2016-10-01T17:36:19","date_gmt":"2016-10-01T15:36:19","guid":{"rendered":"http:\/\/www.ortalloggi.com\/en\/informazioni-preliminari-per-comprare-casa-in-italia\/"},"modified":"2021-05-07T11:02:24","modified_gmt":"2021-05-07T09:02:24","slug":"preliminary-information-to-buy-home-in-italy","status":"publish","type":"post","link":"https:\/\/www.ortalloggi.com\/en\/preliminary-information-to-buy-home-in-italy\/","title":{"rendered":"Preliminary information to buy a home in Italy"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"text-decoration: underline; color: #000000;\">PRELIMINARY INFORMATION TO BUY A HOME IN ITALY<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #000000;\">PURCHASE PROPOSAL (in Italian PROPOSTA DI ACQUISTO)<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The first step is the signing of an irrevocable offer to purchase, at our offices. When you will sign it, you will pay a deposit 5.000 \u20ac, this can be either held by the agency, and returned to you when you sign the preliminary sale agreement or cashed by the vendor and used as part of payment on the property.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The purchase proposal has a expiration date (usually 15 days from the signing), during which the seller will accept the proposal (and the deposit will become confirmation deposit) and he will bound to sell at the agreed price. Or the seller will reject the proposal and to the buyer will return the deposit.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">In case of acceptance by the seller, but later renounced by the buyer, the deposit paid will not be refunded.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #000000;\">PRELIMINARY SALE also called COMPROMISE (in Italian PRELIMINARE DI COMPRAVENDITA o COMPROMESSO)<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">At this stage the seller and the buyer agree to the deal. This contract establishes the terms and conditions of the final contract. You will be expected to pay a deposit at this stage, which is usually 20% of the purchase price. In the event that the sale does not happen through the fault the buyer, the seller is entitled to keep the deposit as compensation. If is the fault of seller, the buyer will be entitled to compensation equal to double the deposit.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">In addition to the data of the contracting parties, the compromise must indicate the manner and timing of the sale, the purchase date, the existence of mortgages on the house or other constraints.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The commission for the Real Estate Agent (3% on the selling price + VAT) must be paid simultaneously with this act.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The contract will be signed at our offices in Piazza Motta n. 28 in Orta San Giulio (No) and will be registered within 20 days of signing with the Inland Revenue, resulting in an expense of the buyer:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"color: #000000;\">Registration tax 200 \u20ac, regardless of the price of the sale.<\/span><\/li>\n<li><span style=\"color: #000000;\">Stamp duty of 16 \u20ac for each copy, all 4 sides and in any case every 100 lines. At least 2 copies.<\/span><\/li>\n<li><span style=\"color: #000000;\">50% on sums provided as a deposit. In these cases, the tax payable for the registration of the final contract will then be deducted the tax paid on the preliminary.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #000000;\">NOTARIAL DEED (in Italian ATTO NOTARILE o ROGITO)<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The document is drawn up by the Notary (Notaio), who represents both parties. The buyer, seller and estate agent are all required to be present for the signing of the contract at the Notary&#8217;s office.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The cost of the deed varies from time to time, depending on the house and the need buyer. It is not a percentage of the selling price as it happens in other countries! You have to ask every time the estimate to the notary.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">For more information visit the link <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"http:\/\/www.ortalloggi.com\/en\/taxes-on-buying-a-house-in-italy\/\" target=\"_blank\" rel=\"noopener noreferrer\">Taxes on Buying a House in Italy<\/a><\/span><\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #000000;\">AFTER PURCHASE<\/span><\/strong><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">There are some costs to be paid yearly:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li><span style=\"color: #000000;\">Annual Tax (in Italian is IMU) is an annual council tax calculated on the value of the property. It is payable twice a year in June and December, even if it is possible to pay it once in December for non residents, by bank transfer or postal order,<\/span><\/li>\n<li><span style=\"color: #000000;\">Rubbish tax (in Italian is TASI) it is payable once a year by bank transfer or postal order.<\/span><\/li>\n<li><span style=\"color: #000000;\">Utilities (in italian is UTENZE) electricity, water and gas. In Italy, we are used to paying these with post bulletins, which you can not be paid from abroad.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">The best thing to do is to automatically debit (in Italian DOMICILIAZIONE) bills on your bank account. Alternatively you have to call the supplier company and ask at what Iban code you can pay.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">If there is a condo, it can happen that water or gas are common and therefore you should not make a personal contract, but you will pay your fee together with condo fees (see next item).<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Condominium expenses there are if you buy a property which is part of a group of properties which share some communal areas like gardens, driveway, swimming pool etc. then you will be required to pay condominium expenses.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">For any information about the process of buying a house in Italy, write to <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"mailto:info@ortalloggi.com\">info@ortalloggi.com<\/a><\/span>, I will be happy to answer your questions.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">You must forgive me if my English is not professional, I do my best to help my clients.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"color: #000000;\">Alice\u00a0 &#8211; <span style=\"color: #3366ff;\"><a style=\"color: #3366ff;\" href=\"http:\/\/www.ortalloggi.com\">www.ortalloggi.com<\/a><\/span><\/span><\/p>\n<p><span style=\"color: #000000;\">\u202a#\u200eortalloggi \u202a#\u200elakeforlike \u202a#\u200elakeorta #italy #lookingforsecondhome #acquistocasa #fasiacquistoimmobilaire #casa #nuovacasa #agenziaimmobiliare #realestateagency<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRELIMINARY INFORMATION TO BUY A HOME IN ITALY PURCHASE PROPOSAL (in Italian PROPOSTA DI ACQUISTO) The first step is the signing of an irrevocable offer to purchase, at our offices. When you will sign it, you will pay a deposit 5.000 \u20ac, this can be either held by the agency, and returned to you when&#8230;<\/p>\n","protected":false},"author":9,"featured_media":14676,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[482],"tags":[470,471,472,473,442,474,475,486,480,446,487],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Preliminary information to buy a home in Italy - Ortalloggi<\/title>\n<meta name=\"description\" content=\"Preliminary information to buy home in Italy For any information about the process of buying a house in Italy, write to info@ortalloggi.com\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ortalloggi.com\/en\/preliminary-information-to-buy-home-in-italy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preliminary information to buy a home in Italy - 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