In Italy, a rich natural landscape, an abundance of historical sites, unique architecture, so almost any region of the country real estate purchase is a good investment. However, a buyer interested in purchasing real estate in this country should be clear about the purpose of purchase, location, property type, budget and method of payment. The choice of real estate in Italy is very diverse - from the most exclusive and luxurious villas to apartments and residence of seasonal small studios. Before the prospective owner of any facility in Italy gets a lot of issues to consider when buying. If you want to buy a home, you need to represent its area, number of bedrooms and bathrooms, land area, a garden around the house (often sold in Italy, home to vineyards and olive trees, etc.), should the house be located near from lakes or the sea coast, in the village or isolated. It is advisable to honestly answer yourself the question: Will I live there permanently or periodically? If the house or apartment are only needed for a seasonal residence, it is possible to consider options without heating. Houses of this type are sometimes found on the coast. If the buyer intends to purchase housing in Italy for permanent residence, it must be remembered that the purchase of real estate in this country does not entitle him to receive a residence permit. It can be obtained either through marriage to an Italian citizen, or organizing their own business. It should be noted that the organization of its business, the availability of real estate is a powerful argument for obtaining a residence permit. Currently, the property market in Italy is represented by a lot of proposals, and in particular, are actively developing new tourist areas, such as Calabria, which has already gained popularity not less than one of the most famous regions of Italy - Liguria. Calabria - region in southern Italy, a region comparable in terms of property prices in Bulgaria: for example, apartment prices start from amounts in the 65-70 000. It is only fairly inexpensive and therefore attractive investment region in the country. Liguria - Italian Riviera, one of the most respected and expensive areas. Here, the buyer should focus on the prices of 150 000-170 000 euros for a small apartment. Of course, these two domains are not limited to proposals for Italy, but these areas are a perfect illustration of the diversity of properties in the country, from the inexpensive and affordable to exclusive. Despite the fact that in Italy, in principle, there are no restrictions on foreigners buying real estate, there is a sufficiently high value of transactions for the sale and purchase of real estate taxes and a lot of tough legislation that restricts the rights of landlords, which largely reduces the interest in investing in Italy. For example, a tax on income from foreign property rental fluctuates within 25% to 45%. The process of buying property in Italy is as follows: - site selection - an advance payment and booking facility - opening a bank account and a tax code (codice fiscale); - check the notary legal purity of the object (if it is second homes) - The signing of preliminary contract sales (compromesso) (contract is accompanied by payment of 10% (20-30% at times, especially when buying on credit) from the value of a residential facility, necessarily spells out terms of the final purchase agreement). Registration of the contract of sale involved a notary, it will also charge those fees and taxes, which must be paid when buying property. It should be noted that these costs are additional and paid by the buyer. In Italy, the notary public has extensive powers: 1. Costavlyaet sales contract (contratto finale) 2. Inspects properties for sale and the opportunity to "clean" title. 3. Responsible for trade and for the commission of the notary deed. It should also be communicated to all parties to the transaction of their duties, to emphasize the importance and responsibility of their actions. 4. Must verify the payment, transfer of property and to assure the transaction subject to the laws of Italy. 5. As a Russian notary, notary Italian read the sales contract aloud, asking questions of participants of the transaction, if necessary. As a rule, the registration of sales agreement is within 2-3 days after its signing, and its getting on your hands, there is only a few weeks. Attention is drawn to the fact that if in the presence of the buyer has all the money needed to purchase the selected property, the better to dispense with the preliminary purchase agreement (compromesso), because his signature is appropriate only if the buyer is forced to withdraw the remaining amount to buy a home from a business or buy housing in installments (generally, it refers to construction sites). However, if the tentative agreement yet signed, prior to signing the final contract should be transferred to Italy in his bank account funds and the remaining amount when signing the final agreement to make full payment. After a notarial contract, the buyer receives the keys and can begin to re-register instruments for use in electricity, water, gas in his name. The additional costs incurred by the purchaser, buying property in Italy: 1. Expenditure on notary fees - less than 3% of the purchase price (1.5% - services, 1.5% registered in the Register of owners) 2.1. If the residential property (apartment, villa) purchased from a construction company (primary market), the purchaser shall pay: - 10% VAT on the cadastral value (it is usually below market value) - Fixed mortgage tax 168 euro (for dubbing equipment in the Register) - fixed cadastral tax 168 euro - 168 euro stamp duty. 2.2. If the residential property (apartment, villa) is purchased on the secondary market, the buyer shall pay: - stamp duty - 7% - Mortgage tax - 2% (for the recycling of property in the Register) - inventory tax - 1%. 3. Italian Real Estate Commission (the percentage depends on the estate acquired by the object). It should be noted that the costs for those who have a residence permit (or is going to get it for 18 months. The acquisition of real estate) or citizenship of Italy, much less. If the property is sold "luxury" or belonging to the category of "historical, archaeological, artistic," that in each case, taxes are assigned individually. Additional Benefits First of all, all bought property in Italy have the opportunity to obtain a residence visa or multivisa in the country. Visa allows you to stay in the country for 180 days. Moreover, this visa is a Schengen and can travel almost all over Europe. The presence of real estate is a powerful argument in their own businesses in Italy. In turn, the existence of the business can continue to apply for a residence permit in Italy. Buying property in Italy can be considered as good investment, especially for objects in the vicinity of the shoreline or near the lakes, due to their high spa appeal. In general we can say that real estate in Italy are attractive to moderate investor-oriented investment with low risk. The situation in the real estate market in Italy is now more stable than in the U.S., Spain or Britain. Most likely, the Italian real estate market will remain fairly stable in comparison to other Western European countries. The country has very stringent building restrictions, so the excess supply was never. It should be noted that investments in Italy are protected because the state of this country guarantees refunds to foreign investors in the event that the developer does not have enough money and the building will not be completed. Company Profile: Distant Property Management - one of the activities of the holding "Miel". Underlying this trend is investment advice on the acquisition and effective use of real estate abroad and in Russia's regions. The idea of the project originated in the DPM August 2007. Within six months was conducted to develop a set of services included in the DPM. During this time, studies were carried out real-estate markets of foreign countries and regions of Russia, established relations with foreign partners and develop a portfolio of services to DPM. In February 2008 the project became a separate area of DPM holding "Miel". Thus, expanded the range of the Holding of intellectual services. Currently, DPM includes the following set: investment advice, brokerage, management of facilities. Help on ratings DPMR: As part of innovational features Distant Property Management has developed a system dynamically updated investment ratings in foreign and regional real estate - «DPMR - Investment ratings of foreign real estate." «DPMR - Investment ratings of foreign real estate" - the expert-analytical system of assessment and analysis of investment attractiveness of potential investments in real estate overseas countries and regions. It is based on an assessment of a combination of factors that affect the investment potential of real estate in this country. Methods of assessment of all countries standardized and reduced to evaluating the investment potential of real estate market and the inherent risks in each particular country. The analysis is based on macroeconomic indicators, but also takes into account the presence of certain current trends and includes expert assessment of real estate market participants. The values apply to the current rating period and allow the assessment of the situation at the moment. If you change the situation, ratings are reviewed and updated to the most rapid period of time. At present the specialists of "Miel DPM» was analyzed and calculated rating for 8 countries: Bulgaria, Spain, Cyprus, Russia, Turkey, Croatia, France, Latvia.
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