Why Italy?
Italy attracts property buyers from all over the world — beautiful landscapes, exceptional architecture, warm climate and rich culture are just some of the reasons.
Step 1: Obtaining a Codice Fiscale
The first step is to obtain an Italian tax identification number — the Codice Fiscale. Without it, you cannot open a bank account in Italy or sign any legal document.
Step 2: Choosing a property
Identify the region that interests you, set your budget and list of requirements. Use the help of a local agent who knows the market and the legal nuances of purchasing for foreigners.
Step 3: Proposta d'acquisto
After choosing a property, you submit a formal purchase offer along with a deposit of 1-2% of the property value.
Step 4: Compromesso
The preliminary purchase agreement. You pay a deposit, usually 10-20% of the value. If you withdraw from the sale, you lose the deposit.
Step 5: Atto notarile
The final notarial deed. The notary verifies the legal status of the property, prepares the document and conducts the transaction.