The rousing motto “If you want something done right, do it yourself” can be risky when international real estate transactions are involved. In fact, international real estate professionals who have in-depth knowledge of the Italian real estate market are essential in cross-border real estate transactions, especially if the buyer is unfamiliar with the Italian real estate market, its rules and regulations. Below are 5 reasons why it is advisable to rely on the help of international real estate consultants when purchasing a property in Italy:
- Real estate specialists have a very good understanding of all the facets of the Italian real estate market, hence they can assist the buyer throughout the entire purchasing process by providing both legal and technical support and by drafting the Preliminary Offer, carrying out due diligence, and formalizing the Final Deed of Sale. This enables the process to be very transparent and it prevents the buyer from running into risky investments.
- Real estate specialists are experts in negotiating. After gaining a good understanding of the buyer’s needs, they make sure that the property fulfils they buyer’s requirements and they negotiate the asking price in order for the buyer to get excellent value for money.
- The purchasing process can be tricky for both the buyer and the seller. This is why real estate mediators carry out thorough due diligence in order to analyse the conditions of the property and identify any potential risks. Since the legal documents related to a property are very difficult to retrieve and to interpret for a foreigner, the help of a real estate professional is essential and should not be underestimated.
- Purchasing a property in Italy while living in another country may have its pitfalls.
This is why it is important to rely on the services of international real estate consultants who know in great detail all the legal aspects and intricacies of the real estate purchasing process in Italy, and who can represent the buyer in Italy and carry out all of the legal work for him/her. These professionals also have a good understanding of the legal systems both in the United States and in Italy, which is essential in order to make sure that cross-border transactions are carried out safely and successfully. - Last but not least: international real estate specialists are fluent in different languages and therefore they can ensure the transparency of real estate negotiations. Moreover, they can provide crucial services such as drafting translations of legal documents and providing advice about how to legalize foreign documents which are needed in the purchasing process, such as the Power of Attorney which enables them to sign the Final Deed of Sale on the buyer’s behalf.
In conclusion, international real estate professionals provide comprehensive assistance throughout the process of purchasing a property in Italy. Their help can range from language support to legal advice, offering invaluable help to foreigners who want to make a safe investment in Italy.
If you need assistance with purchasing a property in Italy, do not hesitate to contact our leading international real estate consultants at info@italianrealestatelawyers.com . We will be more than happy to assist you.
