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COST ANALYSIS
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*A Villa with a purchase price of 200,000 Euros may have a Declared Land Registry value of
120,000 Euros. The Purchase tax, Notaio's fee and Stamp duty should all be calculated on
the Declared Land Registry value.
Typical total Cost for a House selling for 200,000 Euros with a declared value of 120,000 Euros
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Non Resident | Resident |
Purchase Price
Purchase Tax
Notaio's fee
Estate Agency fee
Bolli (Stamp duty)
TOTAL |
200000
13200
3000
6000
1200
223400 |
200000
4800
3000
6000
1200
215000 |
Typical Total Cost for a Non Resident is the Purchase Price + 12% approx.
Typical Total Cost for an official Resident of Italy is the Purchase Price + 7.5% approx.
Please note: the cost percentages given above are rounded and based on recent house
purchases and so, may vary from year to year. They serve only as a guide. |
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Maintenance Costs
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There are also running costs to consider when purchasing a house in Italy
and generally include the following:
- Property taxes (rates)
- Buildings Insurance
- Contents Insurance
- Utilities (electricity, gas, telephone, water)
- Waste or Garbage tax ( tasse comunale dei rifuti)
- Community fees (Spese del condominio - only applicable if you are part owner of a community building or land e.g. an apartment in a block of flats.)
- Garden maintenance
- Swimming pool maintenance
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• Page 1 - Types of Property
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• Page 2 - Where to buy a Property - Property Search
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• Page 3 - Estate Agents - Purchase Process - Preliminary contract - Tax code
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• Page 4 - Final Contract - Residency
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• Page 5 - Cost Analysis |
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