Before you buy
The legal side of a purchase
The italian notary
The property buying process
Taxes on real estates in Italy
The running costs of a house
The property ownership issues
The italian property market
Restoring an italian property
ICI 2007 - General Guide
ICI 2007 - Town of Gaeta
ICI 2007 - Town of Formia
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Taxes on real estates in Italy :
As foreign clients it is normal to question and ask ‘...what and how much are the taxes?’. It is not always easy to be exact about this figure. The following should make it clearer and easier for you to at least understand why. All properties in Italy are registered at
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the local land-registry office (catasto) and as far as the Italian government is concerned are given a certain value depending on district, number of rooms, etc.
The value can differ greatly according to the property's commercial value, perhaps because the property has recently been restored, or it's in a wonderful position with a great view, etc. Every house sold it has to be registered. The registry tax (imposta di registro) is 3% on a first house and 7% on a second property plus the cadastral tax and ipotecaria tax ( for all these two last taxes the expensive is 3% for second house or euro 336 for first house ). The registry tax is calculated on the value stated at the land-registry office which can be considerably less than the commercial value.
In the tax guides of the 'Agenzie delle Entrate' (Italian Tax Office) you can have a clearer idea of the taxes involved:
Real Estate Tax Guide , in italian language it is adjourned on 27 October 2006 and concern all the real estate purchase taxes with the last important italian law n.248 of 4 Agoust 2006 .
Foreigners Tax Guide , in english language it is adjourned on 14 November 2005 .
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