A simple guide
to help you buying a House in Italy

Guide written by Lorenza Marinelli and promoted by
MCH through Houses for sale in Italy

What do you need to do when you find a house tou like ?

Ask for the plans, have the property surveyed. The cadastral history of the property is very important if you are purchasing the property with a mortgage: if the property was donated within the last twenty years you will have a very slim chance of getting a mortgage from an Italian bank. Donations may in fact be contested by the legitimate descendents of the person who made the donation within twenty years. The bank will not finance you the money for such property! This situation is of no significance if you are buying without a mortgage.
If the property is still registered at the land cadastre and therefore is not considered an urban building, it must be transformed from rural to urban prior to the deed of sale. Who the fees for this transformation (which is normally done by a land surveyor) should be charged to is often the object of negotiations. If, on the other hand, you intend to purchase more property around the house, with a courtyard that is larger than what was there previously, then you, as the purchasing party, will have to pay the expenses for the new parcelling of the estate.

Ask your estate agent for all this information, he or she will deal with your queries in the shortest time possible. Sometimes the owners of the property no longer have the plans of the property, we are often dealing with very old buildings, which were frequently inherited and farmers are not very precise with such matters, in cases such as this, the estate agent will have to request a copy of the plans from the Cadastre. This process normally takes a few days, you’d be surprised at the number of technicians who go to the Cadastre every day!

At this stage…..

At this stage, if the house is ready, you can schedule the appointment with the notary public to draw up the preliminary contract….

Your estate agent will do all this. Usually, if the purchasing party is Italian, then in 70% of the cases he will already have a notary public in mind, given that the notary public works locally, perhaps he has already stipulated a deed for an aunt or a friend. In general, all notaries are the same; they are public officials who must ensure that the law is respected and they act as independent guarantors, that is, they are not on the side of the selling party or the purchasing party, and while it is normally the purchasing party who chooses the notary, the notary public must guarantee both parties and ensure that the deed is legal and that the property being sold is in order. Estate agents dealing with foreign clients have more responsibilities, they must also recommend a good notary public, who isn’t too expensive (in fact, the notary’s fees are not all the same!) and given that you don’t know anyone, your agent will often deal with opening a bank account for you, getting you assigned a fiscal code and he or she will also do things that a normal estate agent dealing with Italians never does: by law, in fact all the estate agent is obliged to do is make the sale.

The preliminary…. This is a standard contract.

Previous chapter >> The real estate agency percentage

Next chapter >> Preliminary contract and Deed of sale

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Guide written by Lorenza Marinelli and promoted by
MCH Marche Country Homes and Houses for sale in Italy