In previous articles, we looked at the most ideal locations to buy property along Italy’s picturesque coast. Here we will revisit these regions, providing an updated view of their appeal and benefits, while also presenting some additional locations to consider.

When thinking of buying a summer home in Italy, one of the questions to ask yourself is, city or country? Some dream of living in the center of Florence, strolling through Piazza della Signoria and then skipping across the Arno River to tour the lush Boboli Gardens. While others want to relax in the quiet serenity of a hilltop village, with quaint local shops and cypress trees dotting the horizon. In addition to the touristy city centers that tend to be some of the priciest options, many think a coastal property will also break the bank. However, it’s important to remember, Italy has a coastline of 4,900 miles. Out of the 20 regions that comprise the country, 15 have coastlines along either the Mediterranean, Adriatic, Ionian, Ligurian, or Tyrrhenian Seas, meaning there are many opportunities to find your dream seaside property. There are countless hidden gems throughout the country that offer breathtaking panoramas, local gastronomy, and turquoise waters.

In fact, the entire region of Liguria sits along the northwest Italian coast forming the Italian Riviera. This 220 mile-stretch of coastline has many luxurious, expensive, and sought-after regions for properties like Portofino, Santa Margherita Ligure, and Cinque Terre. Traveling north you will find Genoa, the large port city with a rich, ancient history and reasonably priced real estate for those that prefer city living while also being a short train ride away from the beach. Even further north, the Riviera di Ponente runs along the shoreline all the way to Monaco and France, passing through towns like Savona, Finale Ligure, Imperia, and Sanremo, each featuring colorful pastel houses and cool breezes from the Mediterranean Sea.

While most know the region of Lazio for its capital of Rome, it also has a long coastline featuring stunning vistas and refreshing summer weather. While the property prices tend to be higher in this region, a major benefit is the ease of visiting Rome at a moment’s notice and connections to other cities throughout the country. The beaches in towns like Terracina, Andio, Sabaudia, and San Felice Circeo are pristine and the surrounding villages feature beautiful countryside with views of the clear waters.

On the southern end of the Italian peninsula, past the Amalfi Coast in Campania, you will reach the region of Calabria. This area is more rural and mountainous, featuring breathtaking natural wonders both inland and along the coast, perfect for the outdoor enthusiast. Public transportation is limited so the region is ideal for those looking for a more remote and relaxed lifestyle. However, the proximity to Sicily and the lesser-known islands in the Tyrrhenian Sea like Lipari and Stromboli is an added benefit. There are many opportunities to find a hidden gem property for a great value, so be sure to check out places like Tropea, Scalea, and Pizzo.

Along the Adriatic coast is the region of Puglia, forming the heel of Italy’s boot shape. It features a variety of coastal terrain, from rocky shores to sandy beaches, and can feel more off the beaten path. Salento, the region encompassing the southernmost part of the peninsula, boasts distinct architecture and picturesque views of the azure sea from places like Lecce, Gallipoli, and Otranto. The historic town of Polignano a Mare is perched high on limestone cliffs and even hosts an annual cliff diving competition. The area is also famous for its scuba diving and is perfect for the adventurous sea lover who is looking to explore the countless caves, grottos and diverse marine life. Even purchasing a property more inland, you’re still always a short drive to the coast. This region is less popular with international tourists and more common with Italians who come to escape the summer heat of the big cities and relax in the sea breeze.

Looking past the mainland, the islands of Sicily and Sardinia provide a true summer getaway soaked in vivid, saturated color. While Sicily offers many prime property options in places such as Noto, Syracuse, or Marsala, the island of Sardinia is sometimes overlooked. Prized for its rocky and wooded landscape combined with an unspoiled coastline and serene waters, this island is the nature lover’s paradise. While there are more expensive areas like the famous Costa Smeralda and the Gulf of Arzachena in Northern Sardinia, there are still beautiful locales for a lower price point in the northwest towns of Castelsardo and Alghero or further south in the provinces of Oristano and Nuoro.

Additional considerations for the purchase of a summer home relate to the choice between the north or south of Italy as well as the management of the property, for those who don’t intend to reside in it yearlong. The north of Italy experiences colder winters, even on the coast, while in the South, the winters are relatively mild. However, in northern Italy, there is the benefit of a widespread and extensive train system and road network linking major cities like Milan, Florence, Venice, and Rome as well as a multitude of charming, small towns. In general, property prices and cost of living are higher in the north than in the south, and while properties in the south may be less expensive, they are often more rural and require more renovation.

Lastly, it’s also important to remember that non-EU citizens are allowed to purchase property in Italy without being a resident if there is an international treaty permitting the condition of reciprocity between the purchaser’s country of origin and Italy, such as the United States. The purchase process can be done entirely remotely, if so desired, through the use of power of attorney. Non-EU citizens are permitted to stay up to 90 days visa-free in Italy, which is perfect for those looking to reside in Italy for the summer months. It’s important to note that the purchase of a property does not entitle non-EU citizens to stay past the 90-day limit. To stay longer than 90 days, a long-stay visa would be necessary, such as the Elective Residency Visa.

For more information about finding your dream coastal property in Italy, don’t hesitate to contact us at info@italianrealestatelawyers.com or visit our website at www.italianrealestatelawyers.com to learn more about the Italian real estate purchase process.

 

 

 

Remote work from the Amalfi Coast? How about Sardinia’s sunny shores, or from a historic apartment in the center of Florence?

Italy has just launched the new Digital Nomad Visa, finally opening its borders to those remote workers that hail from outside of the European Union. Keep reading to find out who can apply, what the requirements are, which Italian cities and towns are best for digital nomads, and what you can expect your lifestyle to be like as a Digital Nomad in the “bel paese”.

Who Can Apply and Requirements
Applicants for Italy’s digital nomad visa must meet specific criteria to qualify for the program. These criteria include:

  • Non-EU Citizenship: Only non-EU citizens are eligible to apply for the digital nomad visa, as EU citizens are not required to obtain a visa for travel within the EU.
  • Highly Qualified Workers: Applicants must fall into the category of highly qualified workers, possessing the skills and expertise necessary to work remotely.
  • Remote Work Capability: Applicants must demonstrate the ability to work remotely using technological tools, whether as self-employed individuals or employees of companies based outside Italy.
  • Minimum Annual Income: Applicants must maintain a minimum annual income from lawful sources, equivalent to at least three times the minimum level for exemption from healthcare costs, approximately EUR 25,000.
  • Accommodation Arrangements: Applicants must provide documentation demonstrating accommodation arrangements for their stay in Italy. This means either a long-term rental contract or a home purchased in their name.
  • Employment Documentation: Applicants must present either an employment contract, collaboration agreement, or a binding offer outlining the nature of the work activity.
  • Health Insurance: Applicants must hold valid health insurance covering medical treatment and hospitalization for the duration of their stay in Italy.
  • Prior Experience: Applicants must demonstrate at least six months of prior experience in the intended work activity as a digital nomad or remote worker.

Best Cities and Towns for Digital Nomads
Italy caters to a diverse array of interests. History enthusiasts and archaeology buffs will find themselves captivated by the wealth of ancient Roman sites and architectural marvels. Meanwhile, outdoor enthusiasts will revel in Italy’s diverse landscapes, from sun-kissed beaches to rolling hillsides.

Italy offers a diverse array of cities and towns, each with its own unique appeal for digital nomads. Let’s dive into a few examples:

Florence: The cultural epicenter of Tuscany, boasting Renaissance art and architecture. With a lively expat community and a thriving social scene, Florence offers a perfect blend of international flair and Italian charm. Average monthly rent for a one-bedroom apartment in the city center ranges from €800 to €1,200.

Rome: Italy’s capital city, steeped in history and home to iconic landmarks. While Rome may be bustling with tourists, it also has vibrant expat communities, particularly in neighborhoods like Trastevere and Testaccio. Average monthly rent for a one-bedroom apartment in the city center is approximately €1,000 to €1,500.

Amalfi Coast: The world-famous, picturesque coastline dotted with charming villages and stunning views. While the Amalfi Coast may be more remote, it offers a tranquil escape with a strong sense of community among locals. Rental prices vary depending on the location, ranging from €700 to €1,500 per month for a one-bedroom apartment.

Alghero (Sardinia): An under-the-radar location that boasts sandy beaches and medieval charm. Alghero, located on the Island-Region of Sardinia, has a vibrant expat community, particularly during the summer months. Average monthly rent for a one-bedroom apartment is around €600 to €1,000.

Lucca: Encircled by Renaissance walls, Lucca is a picturesque Tuscan town with a rich history and a relaxed atmosphere. With its cobblestone streets and charming piazzas, Lucca offers a tranquil setting for digital nomads seeking a slower pace of life. In fact, the comfortable location but slow pace of the city is increasingly attracting more and more expats. Average monthly rent for a one-bedroom apartment is approximately €700 to €1,000.

Lecce: Known as the “Florence of the South,” Lecce, located in the Puglia region, offers Baroque beauty and a laid-back lifestyle. With its smaller size, Lecce is ideal for digital nomads looking for a more intimate experience, soaked up in southern Italy’s sun. Monthly rent for a one-bedroom apartment ranges from €400 to €800.

Lifestyle as a Digital Nomad in Italy
Living in Italy as a digital nomad offers a unique blend of work and leisure, with opportunities to immerse oneself in the country’s rich culture and vibrant communities. The Mediterranean climate provides mild winters and warm summers, perfect for outdoor activities year-round. Imagine logging off work to stroll through the rolling hills surrounding the historic city of Lucca, or taking a refreshing swim in the crystal-clear waters the Amalfi Coast. Of course, as a Digital Nomad, there are also practical considerations to keep in mind:

Internet Access
Italy has modern infrastructure, including widespread access to fiber optic internet and reliable electricity. Internet plans are affordable, facilitating easy communication with clients and colleagues. While public WiFi may not be as prevalent, larger cities offer an increasing number of co-working spaces for digital nomads seeking dedicated work environments.

Transportation
Navigating Italy’s cities is made convenient with extensive public transportation networks, including metros and buses in major urban centers like Rome, Milan, and Naples. Ticket vending machines simplify the process of purchasing tickets for public transit, and taxi services provide alternative transportation options. Italy’s extensive train network, comprising both regional and high-speed trains, connects the entire country and extends into neighboring European countries. This rail system allows digital nomads to explore the country and its surroundings with ease.

Safety
Italy is widely regarded as one of the safest countries in the world, even for lone travelers. While petty crimes may occur occasionally, the overall safety of Italy’s cities and towns provides peace of mind for digital nomads exploring new destinations and immersing themselves in local culture.

Money and Standard of Living
The Euro is Italy’s currency. While cards are widely accepted, it’s advisable to carry cash when visiting places like local markets in smaller towns. Opening up a bank account in Italy is a rather straightforward process as well, but may require that you translate certain financial documents from your home country.

Understanding the cost of living in Italy is another essential point for digital nomads planning their budget. Italy offers a relatively affordable lifestyle compared to many major cities around the world. For example, according to Numbeo, a single person’s estimated monthly costs in Rome are approximately $917.9 (€848.2) without rent. In contrast, in a city like New York, the estimated monthly costs for a single person are significantly higher, totaling around $1,696.9 (€1,564.27) without rent. So, as a digital nomad in Italy, you’ll likely get more bang for your buck!

Conclusion
From the bustling streets of its cities to its tranquil shores, Italy represents one of the most attractive destinations for digital nomads looking to relocate to Europe. As a digital nomad in Italy, you’ll find a better work-life balance, where the day-to-day pace encourages moments of pause and reflection. With its relatively affordable cost of living and rich tapestry of experiences, Italy offers digital nomads the chance to make their income stretch farther while indulging in the finer things that the dolce vita has to offer.

To learn more about the Digital Nomad Visa and its application process, please reach out to our experts at info@italianrealestatelawyers.com.

Did you know that purchasing property in Italy can open the door to a variety of special incentives and tax breaks, even if you are a foreigner? Italy offers an appealing array of financial benefits and opportunities to both domestic and international property buyers, particularly those who are investing in their first home, known as the “prima casa.”

In previous articles, we have explored some of these incentives, yet as they evolve with each passing year, it is important to stay informed about the latest changes. In this article, we provide a comprehensive overview of the available incentives for the year 2024, aiming to guide you through the current landscape of benefits and bonuses you could qualify for with a property purchase in Italy.

First home bonuses
First, there are some standard “first home bonuses” available to those purchasing their first Italian property in which they plan to establish residency. These homes also must not be luxury homes, villas, or castles/palaces (cadastral categories A/1, A/8, A/9). Property registration tax (imposta di registro) in these cases drops from 9% to 2% of the cadastral value of the property. Furthermore, if the seller is a private individual, the mortgage and cadastral taxes are then fixed at €50. If, however, you are purchasing from a company, such as a new construction directly from the contractor, the VAT tax drops from 10% to 4% of the price of the home, and cadastral, registration, and mortgage taxes are fixed at €200.

Finally, there is a special “Sismabonus” applicable to those who purchase properties that have undergone renovations to increase their seismic resistance. If the increase is by one class, then a tax deduction of 75% applies. If the improvement is instead by two classes, this tax deduction increases to 85%.

There was previously a bonus available to young people (under 36) buying their first property and with an ISEE (Equivalent Economic Situation Indicator) below €40,000 per year. Such people were eligible for significant reductions on registration, mortgage, and cadastral taxes. Unfortunately, this is no longer available. (Exceptions apply to those who signed a preliminary contract prior to December 31, 2023).

Bonuses related to renovation
If you have purchased a property in Italy and are renovating it, you might be able to apply for particular bonuses that give tax deductions or reimbursement. The first is the “Superbonus,” available to those working toward more energy efficient and earthquake-secure homes. A deduction of up to 70% on expenses is available this year. It only applies to apartment buildings.

There is also a bonus for general renovation work done that covers a number of things. The reimbursement is 50% with a maximum spending of €96,000.

A more complex bonus is the “Ecobonus,” which can offer a deduction between 50% and 85% depending on the kind of energy efficient renovation work you do (examples include windows, communal areas, solar panels, and modernizing heating and cooling systems).

An architectural barrier bonus is available to those who conduct renovations that increase accessibility (e.g. ramps, elevators, etc.) Up to 75% of expenses are eligible for tax benefits (if done between January 1, 2022 and December 31, 2025). As with the other bonuses, there are certain property types and price ceilings to be aware of, dependent on each case.

Finally, there is also the Green bonus. You can get up to 36% of a tax deduction for putting work toward private outdoor spaces. The maximum amount you can spend is €5,000 per unit.

Keep in mind, however, that for all of these bonuses, to receive the relative tax credit you must declare your taxes as an Italian fiscal resident with a tax return, known as a “dichiarazione dei redditi”.

Purchasing property while registered with A.I.R.E.
If you are an Italian citizen residing abroad and registered with A.I.R.E., and you purchase your first home in Italy, you are also eligible for certain tax benefits. The regulations for eligibility for certain individuals have tightened as of 2023, however. At the same time, you do not have to move to the newly purchased home within 18 months, as is the case for those who reside in Italy and want to receive these benefits. Now, if you are registered with A.I.R.E., residing outside of Italy, and are purchasing your first home in Italy, you can only access such benefits if you:

  1. Have previously lived in Italy for 5 years continuously and are currently abroad for work; and
  2. The property you want to purchase is in either your municipality of birth or the municipality where you previously resided.

However, due to the complex nature of such laws, it is always wise to consult a qualified lawyer who can clarify your situation for you.

If you qualify, among the first home benefits outlined above, you are also not be required to pay a municipal tax (IMU or imposta municipale unica), and could get a 67% reduction on other municipal taxes, such as the and TARI (waste collection tax). These extra benefits only apply if the property is not rented out. If you choose to rent the property while you’re away, then you do not qualify for these reductions.

Conclusion
In conclusion, the journey of purchasing property in Italy is not only an exciting venture into the world of real estate but also a financially savvy decision thanks to the numerous bonuses and incentives available, particularly for those who are acquiring their “prima casa.” By understanding and taking advantage of these opportunities, you can make your property investment more fruitful and tailor it to your needs.

Should you wish to explore these options further and discover how you can access these benefits, we encourage you to reach out to us at info@italianrealestatelawyers.com. Our team is here to assist you in navigating the intricacies of Italian real estate law and ensuring that you make the most of your property investment.

 

Nestled within the Italian peninsula lies the centuries-old micro-country of San Marino, renowned for its rich history, stunning architecture, and captivating natural beauty. Officially known as the Republic of San Marino, it is a landlocked enclave situated within the Italian region of Emilia-Romagna, close to the Adriatic Sea. Established in 301 AD, it holds the distinction of being one of the world’s oldest republics and is renowned for its preserved medieval architecture and panoramic vistas.

Despite its diminutive size, San Marino offers numerous opportunities for those looking to purchase residential property in Europe, as well as for foreign investors. In fact, the small country boasts a diverse range of residential properties, catering to various preferences and search requirements. From quaint countryside cottages to elegant apartments nestled within the historic city center, there is something to suit every taste and lifestyle.

Acquiring Real Estate in San Marino by Foreign Citizens
Foreigners keen on investing in San Marino real estate must follow specific guidelines which facilitate property acquisitions without necessitating special authorization from the government, as stipulated in Article 51 of San Marino Law No. 173 of December 24, 2018. Generally, there are no nationality-based restrictions on property ownership in San Marino. Specifically, in the case of San Marino, buyers of “foreign citizenship” refer to anyone who is not Sammarinese, meaning Italian citizens, American citizens, British citizens, for example.

However, foreign buyers must comply with legal procedures and obtain necessary authorizations from the country’s relevant authorities. Specifically, when foreigners pursue property purchases in San Marino, the notary overseeing the transaction must ensure the buyer lacks a criminal record. This involves presenting a certificate confirming the absence of convictions for serious crimes, both domestically and internationally. Just as in property purchases in Italy, foreign buyers must also obtain a Tax Code, and the urban planning compliance of the home must be verified with necessary documentation.

As conditions, foreign individuals are permitted to acquire up to two buildings, encompassing ancillary features such as garages or gardens, without encumbrance. However, acquisitions exceeding this limit necessitate special permission. For example, there are specific properties exempt from these regulations, as outlined by relevant laws, and companies primarily engaged in real estate activities are also exempt from these provisions.

Incentives for Foreign Buyers
San Marino provides numerous incentives to attract foreign investment in its real estate sector. Governed by Law No. 88 of 2008, investors can take advantage of tax breaks and incentives designed to support rehabilitation and restoration projects aimed at preserving the nation’s cultural heritage. Moreover, the government has implemented streamlined administrative procedures to simplify property transactions for foreign purchasers, thereby bolstering the attractiveness of investing in San Marino. Furthermore, citizens from certain countries, such as the United Kingdom, are eligible to benefit from no double taxation regulations. This implies that if they decide to relocate permanently to San Marino, they could enjoy tax benefits in the U.K.

Specifically, foreign investors seeking permanent residency in San Marino have the option to obtain a residence permit (permesso di soggiorno) through various investment channels. According to Law No. 86 of 2011, individuals may qualify for residency by making a substantial investment in the country, which can include purchasing real estate, establishing a business, or contributing to the local economy. The minimum investment required to obtain residency is €500,000, so in the case of a home purchase also the price of the home would have to meet or exceed that value. The applicant must also maintain the investment for at least five years, or in the case of real estate, maintain home ownership.

Special Tax Regimes
San Marino also offers tax programs to new residents who produce their income abroad. In particular, those who obtain the so called “atypical residence” are entitled to a preferential tax regime which consists in the payment of a substitute 7% income tax (with a minimum of 10,000 euros and a maximum of 100,000 euro) which must be paid in a single payment by June 30 of each year.

The “atypical residence” for pensioners, on the other hand, can be granted to pensioners coming from the EU, Switzerland or countries identified by the San Marino government provided that:

-they have an annual income of no less than 50,000 euros or assets of no less than 300,000 euros;

– they have never resided in San Marino;

A substitute 6% tax is applied to pensions in this case, and it must be paid in a single payment by 30 June of each year.

Conclusion
In conclusion, purchasing residential property in San Marino offers foreign investors a gateway to a unique blend of history, culture, and natural beauty. With legal frameworks in place and incentives aimed at facilitating investment, San Marino presents an attractive opportunity for those seeking a slice of Mediterranean paradise. Whether for personal residence or investment purposes, exploring the real estate market in San Marino can lead to a rewarding and enriching experience.

To learn more about the country of San Marino, the special tax regimes, real estate and investment opportunities there, reach out to us at info@italianrealestatelawyers.com!

 

Understanding the cadastral value, or “valore catastale” of a property is important for all those considering purchasing or inheriting real estate in Italy, but it is often a term that is new for foreign buyers. Delving into the intricacies of what the cadastral value entails and how it is calculated is crucial for making informed decisions in the Italian real estate market.

What exactly is the cadastral value of a property?
The cadastral value of a property in Italy represents its fiscal value, utilized for the calculation of taxes associated with property ownership or acquisition. Unlike the market value, which reflects the price at which a property is bought or sold, the cadastral value is specifically tailored for taxation purposes. It’s worth noting that the cadastral value may significantly differ from the market value or selling price of a property.

Essentially, the cadastral value serves as the taxable base upon which various property-related taxes are levied. This value plays a pivotal role in determining the property registration tax, which is a one-time tax obligation incurred upon purchasing a property from a private individual in Italy (in the case of purchasing a home from a construction company, this tax changes). For instance, the tax rate for primary residences is calculated as 2% of the cadastral value, whereas for secondary homes such as investment or vacation properties, the rate increases to 9%.

A primary residence is considered to be the home that serves as your permanent address, where you spend more than 6 months of the year.

Furthermore, the cadastral value serves as the taxable base for computing the IMU (Municipal Property Tax), with specific multipliers applied for this purpose.

To read more about the taxes and general costs associated with a property purchase in Italy, check out our previous article.

How is the cadastral value calculated?
Determining the cadastral value of a property is a process that involves understanding the concept of cadastral coefficients.

As a general rule, the cadastral value is calculated by multiplying the cadastral income (adjusted by 5%) by the cadastral coefficient corresponding to the property’s cadastral category.

The cadastral income, also known as “rendita catastale,” is assigned to each property by the Italian Tax Revenue Agency. It’s essential to differentiate between the cadastral value and the cadastral income. While the cadastral value serves as the fiscal benchmark for taxation purposes, the cadastral income represents the hypothetical income that a property could generate. This cadastral income, adjusted by 5%, forms the basis for calculating the cadastral value.

When embarking on a property search in Italy, it’s important to consult your legal advisor regarding the cadastral income of prospective properties. This information enables you to estimate the property registration taxes accurately.

However, it’s important to bear in mind that both the cadastral income and cadastral value are subject to adjustment and validation by the notary during the property closing process. The notary, in collaboration with the Tax Revenue Agency, conducts a final round of property checks and due diligence to ascertain and finalize these values. This ensures transparency and accuracy in the property transaction process.

To speak directly with one of our consultants for questions on the cadastral value of a property in Italy, please reach out to us at info@italianrealestatelawyers.com.

With mountains, beaches, Renaissance and medieval wonders, and plenty of opportunities for outdoor experiences, all with breathtaking landscapes, Le Marche is certainly a stunning region, and unfortunately one often overlooked by interested property purchasers. With an airport and high-speed train connections, it is also easy to move between this region and other places in Italy and even Europe. In this article, we cover some of the best towns and cities to make Marche your home, as well as a few of the many enjoyable sights you can see and activities to do.

Small town life
While March does offer city life for those looking for it (see below), there is no shortage of charming little towns to consider. While Italy itself has a plethora of picturesque medieval villages, one of the most beautiful is Gradara. Overlooking the town is an imposing 11th century castle with an interesting historical connection. It is reputedly where the lovers Paolo and Francesca—shown also in Dante’s Inferno—were murdered by Francesca’s husband. In the castle today, you can see Lucrezia Borgia’s old room, terracotta by Andrea della Robbia, and an altarpiece by Raphael’s father.

Out of the towns highlighted in this section Cingoli is the biggest, so might be best for those searching for a medium-sized place. It’s also known as the Balcony of Marche (“Il Balcone delle Marche”) due to its breathtaking view of the countryside. With historic buildings and art to take in and a magical river not far away (literally called “Il fiume incantato di San Vittorio,” the Enchanted River), you will feel as if you are living in a dream. Cingoli also boasts Mulino Bravi, a family-owned water mill that has been producing its own flour since 1565.

The stunning Torre di Palme will offer you a beautiful taste of the sea. There are a number of touching Gothic and Romanesque churches to quiet your mind, as well as an archeological museum to examine ancient treasures. Not interested in the sea? There is a small forest nearby—the Forest of Cugnolo—filled with beautiful flora and fauna. Within there is also an eerie cavern known as the “Lover’s Cavern” for the tragic story of two young lovers supposedly hiding there long ago.

Ancona
Ancona is a lively port city and could be a wonderful option if you are looking for something other than a small town. Like many places in Italy, it has ancient origins and was founded by Greek settlers in the fourth century BC. Today you can still see the incredible Arch of Trajan too dating to 115 AD. It’s little wonder then that they have the National Archeological Museum of Marche with the largest collection in the region. There is also the Mole Vanvitelliana, a massive pentagonal building originally built as a quarantine center but now used for cultural events. Visit the Pinacoteca to see such amazing works as Titian’s Gozzi Altarpiece and Lorenzo Lotto’s Sacred Conversation. With art, culture, history, lovely beaches, and fantastic seafood, Ancona is a great choice for your Marchigiano property.

Urbino
Among the three cities highlighted here, Urbino is the smallest and so is considered more of a medium-sized city, the perfect place for those looking for a sweet-spot between city and small-town life. Like Florence, it was an important hotspot of art and culture in the Renaissance and still preserves this historic atmosphere. This was in part thanks to the famous Duke Federico da Montefeltro. (Who might be today best-known for his striking profile portrait by Piero della Francesca, showcasing a missing part of his nose, now housed in the Uffizi in Florence). He commissioned one of the largest libraries in the country and supported artists and writers of the time, including Raphael. There are a number of interesting places to visit in the city, such as the Ducal Palace, the National Gallery of Marche, and the home Raphael was born in. You can also enjoy the view of the stunning surrounding landscape from the Fortezza Albornoz.

Ascoli Piceno
Finally, the city of Ascoli Piceno is worth mentioning. It’s a particularly beautiful place, with many of the buildings made from a striking, unique, marble-like stone known as travertine. And the stone is more than just beautiful—the buildings made from it also endure earthquakes quite well. Like Urbino, it maintains a historic atmosphere, from the many Romanesque churches to the Quintana, a bi-yearly 15th century historical reenactment that takes place in July and August, with parades and a jousting tournament. To explore history even further, you can indulge in an archeological tour. Or visit Caffè Meletti, a beautiful café—in fact, named one of the 150 Historical Cafes of Italy—that has still preserved its charming, early-20th century interior. Such famous people as Ernest Hemingway have even stopped inside for a drink.

Explore what the region has to offer
If you decide to make Marche your home, there is much you will want to see in the region itself. Below are only a few options:

  • Frasassi Caves: Discovered in 1971, these caves are well worth a visit. The Ancona Room is supposedly big enough to hold Milan’s cathedral inside (That means at least 350 ft/108 m high). There are a number of different tours you can take, including a more challenging route for the particularly adventurous.
  • Lake Fiastra: For a different, outdoor, dose of nature, Lake Fiastra is a crystalline gem nestled in the Sibillini Mountains. When the weather’s warm, you can take advantage of various activities like kayaking.
  • Lame Rosse: From Lake Fiastra, you can hike up to the unique red rocks known characteristically as Lame Rosse. The rock formation is otherworldly and was formed from years of erosion to reveal the red clay of these rocks. Literally “lame rosse” means “red blades.”

Why Marche is a good investment
As this article has demonstrated, Marche is filled with stunning, unique scenery, historical, charming towns, and the benefits of both mountains and coast. These are all luxuries more popular places like Tuscany have, but Marche still remains a generally “undiscovered” secret for foreigners in the Italian landscape. The cost of living reflects this; it is cheaper than many other Italian regions. And, as mentioned, with Ancona’s airport and a high-speed train connection, you also have the rest of Italy and Europe at your fingertips.

Conclusion
This article has covered a few of the must-see towns and cities in Le Marche, as well as a few interesting places to explore in the beautiful region. If you’re ready to make your move to Italy and need help finding property, look no further than Italian Real Estate Lawyers. Contact us at info@italianrealestatelawyers.com.

If you’re traveling to Italy or preparing for a long term move to the country, securing suitable rental accommodation is a critical aspect of settling in. Understanding the intricacies of the Italian rental market will be essential for a smooth relocation process. In this comprehensive article we’ll delve into various facets of renting in Italy, covering everything from rental costs and contract types to legal requirements and conventions, ensuring you’re well-prepared to navigate the rental landscape effectively.

Finding a property to rent
When it comes to finding rental properties in Italy, the best place to look is online. Websites like Idealista.it and Immobiliare.it offer extensive listings spanning diverse property types and locations throughout the country. On these sites, you can find listings by both private owners and real estate agencies. Additionally, social media sites, particularly Facebook groups, could serve as research platforms for rentals, especially in university towns where rental demand is high among students. However, it’s important to exercise caution when engaging with online listings to avoid falling victim to fraud.

Costs
Understanding the cost of renting in Italy is paramount for budgeting purposes and ensuring financial feasibility. Rental prices vary significantly depending on factors such as location, property size, amenities, and overall condition. In major cities like Rome, Milan, and Florence, rental rates tend to be higher, ranging from €700 to €1100 for a one-bedroom apartment, while medium-sized cities offer more affordable options, typically falling between €500 and €900. It’s important to conduct thorough research and compare prices across different regions to find a rental property that remains within your limits.

Beyond the base rent, tenants in Italy are responsible for additional expenses, including utilities, condominium fees, and potentially garbage collection fees. Understanding these additional costs and factoring them into your budget is essential for financial planning and avoiding unexpected financial burdens throughout your tenancy.

Types of rental contracts
Rental contracts in Italy offer a range of options to accommodate the diverse needs of tenants and landlords.

The 4+4
The most prevalent type is the “4+4” lease agreement, which provides a stable long-term arrangement for both parties. In this agreement, the initial term spans four years, with the provision for automatic renewal for another four years upon expiration, providing tenants with security and stability in their housing arrangements. This type of lease allows for negotiation of terms and conditions between the landlord and tenant, covering aspects such as rent adjustments and maintenance responsibilities.

The 3+2
The other popular long-term rental contract is the “3+2”. Under this framework, rental prices are subject to regional regulations, with a predetermined price ceiling established based on various criteria. While this may limit the landlord’s flexibility in setting rental rates, tenants benefit from greater assurance of rent affordability and stability over the lease term. The “3+2” format also offers automatic renewal for two years, providing tenants with flexibility in their housing arrangements.

Transitional Rental Contracts
For those seeking shorter-term accommodation solutions, a transitional rental could be an attractive option. Typically spanning from 3 to 18 months, transitional rental agreements are well-suited for expatriates, students, professionals or those on extended holiday stays who require temporary housing arrangements without committing to long-term leases. It’s worth noting that transitional rentals in towns with populations exceeding 10,000 inhabitants are subject to regional regulations and price ceilings, whereas those in smaller towns with populations below 10,000 can be freely negotiated between tenants and landlords.

Short-Term Touristic Rentals
For travelers and those on holiday seeking temporary accommodation in Italy, short-term touristic rentals are often the best choice. These rentals most often cater to individuals planning stays ranging from one to three months. Short-term touristic rentals include those facilitated through platforms such as Airbnb, Booking.com, or specialized accommodations like agri-tourisms.

Registering the rental contract
Regardless of the type of lease agreement, all rental contracts in Italy must adhere to legal requirements and include essential provisions, such as details of the landlord and tenant, property specifications, rent amount, deposit terms, termination conditions, and property upkeep obligations. Furthermore, rental contracts must be registered with the regional tax revenue agency to be legally valid, ensuring protection for both parties involved. This is true for all contracts except for tourisitic rentals with less than one month of duration.

You can register your tenancy agreement, on the website of the Italian Tax Revenue Agency (Agenzia delle Entrate). Almost always, the registration is completed by the landlord or the real estate agent (if applicable). However, tenants have the legal obbligation to be in possession of this document, so be sure to remain on top of the procedure!

In order to stipulate a rental agreement and have it legally registered at the tax agency, it is necessary for both the landlord and tenant to have an Italian Tax Code (codice fiscale). To read more about the codice fiscale and how to obtain one as a foreigner, check out our previous article.

Terminating a rental contract
When considering the two types of long-term rental contracts (4+4 or 3+2), it’s customary for tenants to provide a minimum of 6 months’ notice to terminate the lease. However, this aspect can be subject to negotiation during the lease agreement’s formulation. For instance, at Italian Real Estate Lawyers, we specialize in optimizing contract terms for our clients, potentially securing a reduced notice period of 3 months instead of the standard 6 months, for example.

Conclusion
Effectively navigating Italy’s rental market requires an understanding of the local regulations to ensure a smooth tenancy arrangement. Whether your stay in Italy is brief or long-term, our team of lawyers and experts is dedicated to providing comprehensive assistance throughout the rental process. From initial property research and communication with agencies or private owners to document translation and negotiation of rental agreement terms, we offer tailored solutions to meet your needs. Contact us for further information or to arrange a complimentary consultation call at info@italianrealestatelawyers.com.

 

The allure of moving to Italy goes beyond the charm of a picturesque location; practical considerations such as accessibility become pivotal. Whether nestled in a vibrant city with efficient public transportation or residing in the tranquil countryside where a car is essential, understanding the process of obtaining an Italian Driver’s License could become a crucial aspect of settling in the country. In this guide, we will delve into the steps involved, offering insights tailored for those who have recently made Italy their permanent home through property purchases.

Requirements after Residency
Living in Italy as a legal resident for a year or more triggers a significant change in the status of your foreign driver’s license. Whether you hail from the United States, Australia, or Canada, your driver’s license will lose its validity. Establishing residency in Italy, either through citizenship or a valid permit, is the pivotal moment when you’ll need to transition to an Italian Driver’s License. This shift is not only a legal requirement but also a practical necessity for navigating the intricate road systems and traffic regulations unique to the country.

For those on short-term stays in Italy, such as visits or holidays, the obligation to obtain an Italian Driver’s License does not apply. Instead, during this temporary period, you can fulfill your driving requirements with either an International Driving Permit or a sworn translation of your home country’s license. These interim solutions are thoughtfully designed to cater to the needs of tourists and short-term residents, ensuring a seamless and legally compliant driving experience without the necessity to navigate the complexities of the complete Italian licensing process.

Regardless of the duration of your stay, it’s advisable to be well-informed before arriving in Italy. Checking the guidelines provided by your country’s embassy in Italy is a prudent step. For instance, the American Embassy offers valuable insights and resources related to transportation and driving on their website.

Foreign License Validity
For those anticipating a move to Italy, it’s crucial to recognize that the country lacks reciprocal agreements regarding driver’s licenses with the United States, Australia, and Canada. Unlike some countries that mutually recognize each other’s licenses, Italy requires residents from these nations to undergo the complete Italian licensing process. This means there’s no shortcut or streamlined procedure for transferring your existing license; you essentially start from scratch, akin to attending “driver’s ed” once again.

The absence of reciprocity emphasizes the importance of familiarizing oneself with the Italian driving regulations, road signs, and local traffic laws. It’s not merely a bureaucratic formality but a genuine commitment to road safety and adherence to the specific nuances of Italian driving culture. So, if you’re settling in Italy for the long haul, embracing the process of obtaining an Italian Driver’s License becomes an important passage, marking your integration into the country’s lifestyle and ensuring a safe and legal driving experience on its roads.

For the complete list of license reciprocity with Italy, please click here.

Written and Road Tests
The journey to acquiring the auto driver’s license, or “Patente B”, enabling you to drive both cars and mopeds up to 125cc, involves a comprehensive process. It includes a written test (“teoria”) and a road test (“pratica”). The written test must be completed in Italian, with French or German as alternative language options. You can choose between enrolling in a local driving school or independently completing the tests at the “Motorizzazione Civile”. Driving schools, in addition to providing instruction, often handle bureaucratic formalities, making the process smoother for newcomers.

Manual vs. Automatic
One aspect to consider during your road test is the choice of vehicle transmission. Interestingly, the road test in Italy offers candidates the flexibility to complete the examination with an automatic car, deviating from the conventional manual transmission. This accommodation is particularly attractive for individuals more accustomed to or comfortable with automatic vehicles. While a significant portion of the local population may favor manual cars, the recognition of automatic transmission during the road test allows for a more adaptable approach to receiving the “patente.”

By opting for the road test with an automatic vehicle, you would specifically be opting for the license classification known as “Codice 78 Patente B.” This designation restricts the license holder to driving only automatic vehicles. While this might seem limiting, it caters to the evolving landscape of automotive technology and the increasing prevalence of automatic transmissions. For those who find manual shifting less familiar or more challenging, this specialized license ensures a tailored driving experience that aligns with personal preferences.

Conclusion
Embarking on the journey to obtain an Italian Driver’s License may seem like a formidable task initially, but the rewards that await are truly worth the effort. As you navigate the process and overcome the challenges, envision the prospect of winding through the picturesque Italian countryside with the top down, basking in the unparalleled beauty that surrounds you. The scenic vistas and cultural treasures that Italy has to offer become more accessible, transforming your experience living in the country.

For those contemplating the journey towards an Italian Driver’s License, our real estate experts are here to assist you. We can connect you with reputable local driving schools, providing guidance and support to ease your path through the licensing process.

Please reach out to us at info@italianrealestatelawyers.com! We wish you safe travels on the Italian roads ahead!

 

Deciding to buy property in Italy is an important decision, whether it’s a new, old, or somewhere-in-between property. Enchanted by surrounding beautiful landscapes and historical buildings, many people overlook a crucial step — a thorough property inspection. In this article, we delve into the importance of conducting a technical survey before finalizing any real estate transaction in Italy.

The Preliminary Contract and a Suspensive Clause
When initiating the property purchase journey in Italy, the first contractual step is the proposta d’acquisto or purchase proposal contract. Italian Real Estate Lawyers (IREL) advocates for the inclusion of a suspensive clause at this stage, making the proposal contingent upon a positive technical inspection conducted by a professional selected by the buyer. This precautionary measure not only safeguards the buyer’s interests but also promotes transparency and a fair transaction process, allowing any potential issues revealed during the technical inspection to be addressed before finalizing the property purchase.

Understanding the Technical Survey
A technical survey involves a thorough examination of a property conducted by a qualified professional, such as an architect, engineer, or surveyor (geometra). This assessment covers both the property’s construction conformity and its maintenance status. It aims to unveil not only potential construction flaws but also issues related to ongoing upkeep, such as the presence of mold, the functionality of utility systems like electricity and gas, or the condition of common areas in condominiums. While discernible flaws may catch the eye during a personal visit or through photos, the importance of a comprehensive inspection cannot be overstated. Local professionals bring a nuanced understanding of unique regional conditions, structural codes, and customs, providing a thorough evaluation that goes beyond surface observations. Opting for a technical survey becomes especially wise for older properties susceptible to age-related defects.

The Risks of Construction Non-compliance
It’s crucial to recognize potential risks associated with neglecting a property’s construction compliance. Construction non-compliance essentially refers to a deviation of the physical state of the home from its official floor plans, which, according to Italian law, must be deposited in two offices – the Tax Revenue Agency’s Real Estate Registry (catasto) and the local municipality offices (ufficio tecnico del comune). Common non-conformities may include additions of spaces like a second bathroom, an added balcony, or a loft space, that were constructed without proper permits and were never included in the floor plans. While some non-conformities can be resolved by approving and depositing new floor plans in the relevant offices, others may require the removal of illegal constructions before the home purchase. A detailed inspection can uncover issues related to cadastral, urbanistic, and building matters that may pose challenges before and after a property transaction.

Legal Aspects and Property Evaluation
In Italy, when a property owner sells their home, they are legally required to declare its conformity, according to urbanistic and cadastral standards, to the buyer. However, often times these declarations turn out not to be true. In fact, the burden of verification typically falls on the buyer in real estate transactions, as notaries and real estate agents are not obligated to directly assess the compliance of a property. Their role is limited to certifying the information provided by the seller, thereby placing the responsibility for accuracy on the declarant. For this reason, opting for a technical survey is highly recommended, as it serves as a vital confirmation tool for the buyer, mitigating the risk of complications stemming from undisclosed issues.

Conclusion
Rather than thinking of a technical survey as an unnecessary cost, it’s essential to recognize its importance, especially when dealing with older properties. Skipping a survey might leave buyers unaware of potential issues, from maintenance aspects of the home to construction non-conformities, bringing about unexpected expenses and hassles. Getting a detailed technical survey isn’t just about peace of mind – it’s a smart move to uncover any hidden problems, making sure your property purchase is well-informed and secure.

For assistance with your property transaction in Italy, and for help getting in touch with local technicians and surveyors, please reach out to us at info@italianrealestatelawyers.com!

 

Whether you’ve personally invested in property in Italy and are contemplating its fate upon your passing, or if you find yourself connected to a property your relatives owned in Italy and share an interest in understanding Italian inheritance laws, this article aims to shed light on the intricacies of these laws. We will explore the implications for foreign property owners and provide guidance on the steps to take should you find yourself inheriting Italian property.

What happens to the property of a deceased person?
In Italy, the destiny of a deceased person’s property is shaped by two key avenues: legal inheritance or testamentary provisions. Legal inheritance, governed by Italian succession laws, guarantees that property is distributed in determined fractions to the living family members. This is legally mandated according to the degree of kinship and the number of heirs.

On the other hand, when writing a will, individuals have the freedom to decide what happens to their property. However, it’s essential to note that in Italy a will cannot exclude the minimum share of inheritance (“quota legittima”) due to legitimate heirs by law. For instance, if there is a spouse and a single child, one-third of the inheritance goes to the wife, one-third to the child, and the remaining third is part of the available share (“quota disponibile”) that the testator can allocate to any chosen beneficiary. Even without a spouse and with a single child, half of the inheritance belongs to the child, and the rest falls under the available share. Despite this testamentary freedom, the “quota di legittima” serves as a protective measure, ensuring a delicate balance between autonomy and the preservation of family rights.

International Property Succession
How do Italian inheritance laws affect a foreigner who owns property in Italy? Unlike some countries where the property inheritance laws may defer to the citizenship of the deceased owner, Italy adopts an approach that subjects all property inheritances within its borders to the provisions of Italian law. This means that regardless of the individual’s nationality, the rules and regulations established by the Italian legal system will govern the transfer of property ownership and assets.

What to do after inheriting the property
If you instead inherit an Italian property, or discover that a property in Italy was left to members of your family, you will want to first inform yourself of inheritance taxes (below), the condition of the property, and any debts associated with it.

After reviewing the associated costs, if you choose to accept or claim the property, it is essential to register it in your name through a statement of succession (“dichiarazione di successione”) within 12 months of the original owner’s death. In the event that you inherit a home and decide to claim it after this timeframe has elapsed, you will incur fees established by the Italian Tax Revenue Agency (“Agenzia delle Entrate”). Subsequently, in both scenarios, you are required to submit this document, along with the ones listed below, to the Tax Revenue Agency:

– Original death certificate of the deceased

– “Certificato di famiglia” for both the deceased and all of the heirs

– Documents relating to the home: Visura Catastale, Deed to home

– A certified copy of the will if it is present

– Your own Italian Tax Code (“Codice Fiscale”)

Italian real estate lawyers can help you in this process, from the collection of the documents to determining exactly what the inheritance quotes would be on a family property. This entire process would be followed alongside an Italian Public Notary, the only Italian official recognized to work with inheritances in Italy.

Inheritance taxes
In the realm of inheriting property in Italy, one must also navigate the intricacies of associated taxes. These taxes are calculated based on the cadastral value, known as “valore catastale,” of the property in question. The inheritance tax, or “Imposta di successione,” is a crucial consideration in this process.

For properties inherited by a spouse, children, parents, or grandchildren, the inheritance tax stands at 4% of the inheritance value, but only for the portion exceeding 1,000,000 euros. In the case of inheritance by siblings, the tax rate increases to 6%, applied solely to the inheritance value surpassing 100,000 euros. Meanwhile, for other relatives up to the 4th degree, the inheritance tax amounts to 6% of the inheritance value. Properties inherited by individuals without the aforementioned familial ties incur a higher rate, set at 8% of the inheritance.

Additionally, the succession process entails the payment of transcription and cadastral taxes. The transcription tax (“imposta ipotecaria”) is due for transcription formalities at the offices of the Revenue Agency, calculated at 2% of the value of property shares (based on cadastral value). Simultaneously, the cadastral tax is levied at 1% of the value of property shares (calculated according to the cadastral value). It is worth noting that there are also taxes associated with the property once you acquire it, which we have already written about in previous articles here and here.

If you want to sell the property
Perhaps instead you would like to accept an inherited property to then sell it. In this case, there are a number of other steps you must take in order to effectively place it on the market.

You will first need a real estate agent or surveyor (“geometra”) to determine the value. If you do not reside in Italy, there are also a number of documents you will need to provide, such as a copy of your passport, and certified translations of anything not issued in Italian. Another crucial step is to acquire an Energy Performance certificate from an architect or energy engineer. This will need to be provided for the final closing.

It would also be useful to involve a lawyer in the process, which is where Italian Real Estate Lawyers can help. We have written on this process and are well-equipped to assist to ensure a safe and smooth process. We can also act as power of attorney if you cannot physically be present in Italy.

Conclusion
Inheriting a property in Italy comes with many fine details you must be aware of. Whether you are inheriting a property in Italy, or have recently purchased a home and are curious how it will one day be regulated, there are a number of factors to consider. At Italian Real Estate Lawyers, we’re here to assist with every step of the process. You can contact us at info@italianrealestatelawyers.com.

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