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On this page you will find links to details of Italian villas for sale, Italian holiday rental accommodation and shared housing in Italy. Italy, in southern Europe, is a peninsula jutting into the Mediterranean Sea. The legal process Buying property in Italy is a completely different process than in the UK. Firstly it is essential to appoint a lawyer in the UK with expert knowledge of the Italian property market as well as an Italian lawyer. As in the UK, you may identify property that you wish to buy and make an offer. This will usually include a payment of a small deposit (5% - 10%) to show your commitment. The offer is binding but only for the buyer, meaning that the seller can pull out but you can’t. Therefore it is crucial to make this offer subject to certain requirements.... more....          

 

 

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Guide to Italian Property 

Introduction - on this page you will find links to details of Italian villas for sale, Italian holiday rental accommodation and shared housing in Italy.  Italy, in southern Europe, is a peninsula jutting into the Mediterranean Sea. It is easily located on the map as it is shaped like a boot. The islands of Sicily and Sardinia are also part of Italy. Italy’s total land area is 294,000 km2. Surrounded by sea on 3 sides it has 7600 km of coastline. In the north it has borders with France, Austria, Slovenia, Switzerland and San Marino. Italy’s main geographical regions are the Alps in the north, the Po-Venetian Plain to the south east of the Alpine area, the Apennines, which stretch 1200 km down the peninsula, forming its backbone and Sicily and Sardinia. Approximately 35% of its landmass is mountainous. Since 1871, Rome, on the Western coast has been the capital city. Other major cities include Venice, Milan, Florence Genoa, Turin and Naples.

How to Buy a Property for Sale in Italy - buying property in Italy is becoming more popular. Getting there is so easy in the age of budget airlines and wherever you choose to buy it will be easy to get to. There is a huge choice in the types of property for sale and whatever your budget there will be something to suit. With process rising about 10% a year buying in Italy is also a great investment.  The legal process Buying property in Italy is a completely different process than in the UK. Firstly it is essential to appoint a lawyer in the UK with expert knowledge of the Italian property market as well as an Italian lawyer. As in the UK, you may identify property that you wish to buy and make an offer. This will usually include a payment of a small deposit (5% - 10%) to show your commitment. The offer is binding but only for the buyer, meaning that the seller can pull out but you can’t. Therefore it is crucial to make this offer subject to certain requirements. . You will have to use a public notary or notaio and maybe also an avvocato which is similar to a solicitor. In Italy the notaio acts for both parties. The notaio will carry out the usual tasks of local searches, checking deeds, planning permission, rights of access and so on. He can witness and sign documents and contracts. He will also register the sale at the land registry. He is paid a fee dependent upon the sale price and he is a public official. Although independent and impartial, it is the vendor who appoints the notaio and therefore it is advisable to appoint an avoccato or solicitor in the UK to act for you. . When the vendor accepts the offer a binding deal is in place. From here legal advice is necessary. The contract states that both parties agree on the terms of the sale. It is the estate agent who prepares the contract, but a third party (solicitor) needs to check this document carefully. At this point either party could pull out but with severe financial consequences.

One of the things to watch out for is Prelazione. A neighbour with adjoining land has the right to buy the property at the asking price. Once the contract prepared by the estate agent is signed copies are sent to all the neighbours who then have 30 days to decide if they too wish to make an offer (the same or higher as the agreed price). Others also have a right to buy – being sitting tenants or people who may run a business from the property. With rural properties it is not uncommon for them to belong to a number of siblings and this can add difficulties to a sale where, unable to agree, the property lies unoccupied but unable to be sold. To be sure, all owners of a property need to sign the contract.

Aside from this the usual considerations apply. Is there a mortgage on the property? Are there any development plans in the vicinity and so on? Quite often the notaio will under state the purchase price of the property to reduce any tax liability. It may be seen as being slightly on the wrong side of the law but remember this is Italy and things are done differently here. The last stage is the completion . If the buyer cannot be present he or she can appoint someone to act for them instead – either a friend or an agent. At this stage it is imperative to have the necessary funds in place to complete the purchase as this is when the balance is handed over usually by banker’s draft. Remember to take into account other costs in addition to the purchase price when budgeting your purchase of property in Italy. Tax is payable at 3%, stamp duty at 7%, a local tax of up to 1%, estate agent fees and fees to the notaio. Other payments need to be made to utility companies to connect the services. All in all allow for 15% of the price. The notaio will now register the property in your name and pay the tax due.

Climate of Italy - Italy has a temperate climate but with quite considerable regional variations. In the north summers are warm with some rainfall, the central regions are humid and the south very hot and dry. In winter the mountainous areas and the north can be cold and wet. It is less cold in the south but snow is not uncommon. The mountain regions see heavy snowfall and provide for a thriving skiing industry.

History of Italy - Italy has a varied and interesting history. In ancient times, Rome, of course, was the centre of the huge Roman Empire which encompassed the whole of the Mediterranean area and into northern Europe and Britain. From around 400 AD, the Western Roman Empire began to decline as it fell prey to invading tribes from the north of Europe. The Dark Ages and the Middle Ages saw the dominance of the city-states and Maritime Republics. These were politically independent from one another and feuding between them was common. The Maritime Republics is the name given to a number of important city-states; the 4 greatest being Venice, Genoa, Pisa and Amalfi. These competed with each other economic dominance. They built fleets of ships for their own defence and to support their respective trading routes across the Mediterranean. Within the city-states it was the merchant classes who ruled. This independence from central rule allowed artistic and academic freedom to flourish and has left Italy with the huge wealth of art, architecture and literature that we enjoy today.

Between the 16th and 19th centuries Italy was largely controlled by foreign powers. It was the French King Charles VIII who began this series of invasions in 1494. Subsequently France and, Spain battled it out for control but it was Austria who dominated after 1713. During the 19th century a revolutionary movement (Risorgimento) attempted to create a unified Italy. Key to this movement was Giuseppe Garibaldi, the Italian’s national hero. He personally led many of the campaigns that led to the creation of a united Italy in 1861 under Victor Emmanuel II. Rome became part of this Kingdom in 1871 from whence on it became the capital. Parliamentary democracy came to an end in 1922 when the fascist dictator Benito Mussolini gained power. After defeat in the Second World War the monarchy was replaced by the Republic that exists today.

Italian People and Culture - the population of Italy is just under 60 million; 70% of whom live in towns and cities. The north is more densely populated than the south with one third of the population living in the Po-Venetian Plain. To Italians, the family is very important. In the south many people live in the traditional extended family unit. First impressions count and Italians consider appearance and clothing as extremely important. First meetings are formal but once a relationship has been established the accepted form of greeting is a kiss on both cheeks.

The main religion is Roman Catholicism. 96% of natural Italians are Roman Catholics. Other important religions are Protestant, Judaism and Islam. Rome is of course the worldwide centre of the Roman Catholic Church and is the see of his holiness the Pope, who resides in the Vatican City.

Italian is the official language although a significant percentage of the population speak a regional dialect. In the north groups of French and German speaking people can be found. Italy is renowned for its culinary delights! Ingredients and dishes vary by region. Cheese and wine form a major part of the cuisine and vary from region to region. Coffee, although not grown here, is an essential part of Italian culture. Influences on a region include its proximity to the sea, other countries, mountains and the local economy. Italian cuisine is not only regional, but is also determined by the season. Great importance is placed upon the use of fresh, seasonal produce.

It is difficult to know where to begin with the architecture of Italy. Ancient Rome and the Italian Renaissance has given Italy a rich architectural heritage that has influenced building design around the world. From the coliseum in Rome to the Tower of Pisa, the Ruins of Pompeii to the Sistine chapel. Every region has something to offer. In ancient times, the Romans copied and often improved upon ideas taken from conquered countries such as Greece and Egypt. The start of the Middle Ages saw a renewed interest in the architecture of ancient Rome. Rounded arches and carved doorways became the fashion and were copied throughout Europe. The Italian Renaissance, or re-birth, began in the 14th century. For the next two hundred years the ideas of the Ancients inspired a new style of art and architecture. For example, in paintings and sculpture, artists were concerned with portraying human beings as they really looked. The main Renaissance artists were Michelangelo, Botticelli, Raphael and of course Leonardo da Vinci. Rome is the capital of Italy. It is packed with history throughout. From ancient monuments such as the Coliseum to medieval churches to Renaissance palaces. In the past a link between East and West, Venice is incredibly built on water in the middle of a lagoon. The centre of Venice is the Piazza San Marco. The city is probably Italy’s most romantic destination and one of the most visited by tourists. Florence, Tuscany is the most important cities in terms of the Renaissance period. Under the patronage of the Medicis, artists flourished here and tourists flock to see the Duomo and Baptistry. Naples, a coastal city to the south of Rome is a lively city. Full of character, it has recently been renovated and modernised in many parts. Genoa is Italy’s main port and is found on the North West coast. Genoa is perhaps best known for its association with Columbus.

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