Italian Morgage: everything you need to know
If there’s any product worth investing in, it’s real estate. You don’t have to be Italian to apply for a mortgage on an Italian property though rules became more strict in the wake of the 2008 Financial Crisis.
The Superbonus is a recent tax break introduced by the recent Decreto Rilancio increasing the tax credit percentage to 110% for qualifying expenditure paid between July 1st 2020 to December 31st 2021. The following expenditure qualifies:
Check out now how to renovate your home for FREE.
Il Superbonus è un’agevolazione prevista dal Decreto Rilancio che eleva al 110% la detrazione delle spese sostenute dal 1 luglio 2020 al 31 dicembre 2021, per specifici interventi in ambito di:
Scopri subito come puoi ristrutturare casa risparmiando
Are you planning to stay in Italy long term, live in Dolce Vita or buy a house as an investment?
Italy is full of opportunities both in the tourism sector and in many rising cities. The real estate sector is particularly dynamic in the cities with a lot of universities such as Milan, Turin, Bologna, Trent and Bolzen to mention a few. However many are willing to bet on the southern regions such as Sicily and Reggio Calabria, where the tourism industry is steadily rising, and many great deals can still be made.
Do you have a property in Italy? Or are you planning to buy one?
Italian real estate sector has boomed in the past years due to the rise of airlines coming to Italy, the decrease in travel prices, and a railway system that has been improved a lot in the last decade making traveling through cities fast and affordable.
Here in this article you can find useful tips and suggestions of what you can expect when buying and maintaining a house in Italy.
After moving back to Italy from the United States in 2013, I realized how much an accounting and tax firm was needed to help expats living in Italy to comply with the local tax regulations.