Buying property in Italy

Foreigners can legally buy property in Italy, including non-EU nationals. Buyers from the UK, US, and most European countries face no restrictions due to reciprocity agreements. You’ll need an Italian tax code (Codice Fiscale), and it’s advisable to open a local bank account for the transaction.

The process involves working with a notary, and many buyers also hire a bilingual lawyer to ensure proper due diligence. EU citizens may find the process more streamlined, while non-EU buyers could face extra financial checks. Overall, it’s a well-regulated but paperwork-heavy system that rewards professional support.

Property prices in Italy vary widely depending on region, condition, and type. Homes in rural areas or lesser-known towns – particularly in the south – can be found for under €100,000, especially if renovations are needed.

Coastal hotspots like Liguria or the Amalfi Coast, or city centres such as Rome, Milan, or Florence, often see prices from €200,000 upwards, with luxury homes exceeding €1 million. Budgeting 7–10% extra for legal fees, taxes, and notary costs is advised. Buyers should also be aware that second homes are taxed at higher rates than primary residences.

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The Italian property buying process is structured but can differ from the UK or other countries. It typically includes:

- Property Search & Offer – You find a property and submit a formal offer through your estate agent.

- Preliminary Agreement (Compromesso) – This legally binding contract outlines the terms. A deposit of 10–30% is paid.

- Due Diligence – Your lawyer or notary checks land registry entries, debts, zoning, and planning permissions.

- Final Sale (Rogito Notarile) – The final deed is signed in front of a notary. The remaining funds are paid, and ownership is registered. Engaging a bilingual legal advisor can streamline the process and prevent misunderstandings.

If you're looking for more detailed information on buying property in Italy, read our free buying guide here.

No, you don’t need a visa or residency to buy property in Italy. Foreigners can purchase property while on a tourist visit or from abroad. However, owning property does not grant you the right to live in Italy permanently.

If you intend to stay for more than 90 days in any 180-day period – and you’re not an EU citizen (or are married to one) – you’ll need a long-stay visa. Options include elective residency (for retirees), work visas, or self-sufficiency visas. Buying property can support a visa application, but it doesn’t guarantee one. There is also an investor visa (golden visa) and new digital nomad visa. 

Yes, buying property in Italy involves several taxes and fees. These typically include:

- Registration tax – 2% of cadastral value for primary residences, or 9% for second homes

- Notary fees – Around 1–2.5% of the property price

- Estate agent fees – Usually ~3%, split between buyer and seller

- Legal fees – Optional but recommended, ~1–2% of purchase price

If buying a new-build, VAT (IVA) applies instead of registration tax—usually 4% for primary homes or 10% for second homes. Ongoing costs like IMU (municipal tax) and maintenance fees also apply, especially for second homes or holiday lets.

Yes, Italy’s €1 home schemes and renovation projects are open to foreign buyers. These properties are often located in small towns that are offering symbolic prices to encourage repopulation. However, buyers must typically:

- Commit to renovating the property within 1–3 years

- Use local contractors and meet building regulations

- Pay a refundable deposit, usually between €2,000 and €5,000

While upfront costs are low, renovation can be extensive. These projects suit buyers with a flexible timeline and vision for restoration. It’s crucial to conduct thorough surveys and secure legal advice before committing.

Yes, UK citizens can still buy property in Italy after Brexit. Ownership rules haven’t changed – UK nationals can purchase homes, land, or holiday properties. However, UK buyers are now subject to non-EU residency rules, meaning longer stays (over 90 days in any 180-day period) may require a visa. Property rights remain intact, but legal advice is highly recommended to navigate post-Brexit tax, residency, and inheritance considerations. If you plan renovations, consider hiring a local geometra (surveyor) to advise on permits and costs.

For more information on buying property in Italy, read our free buying guide here.

Buying property in Italy can be a strong investment – both financially and in terms of lifestyle. Compared to many Western European countries, Italy offers relatively affordable prices, especially in rural or southern regions. Popular areas like Tuscany, Lake Como, and Puglia provide strong rental potential and long-term value. Beyond the financial side, Italy appeals for its climate, healthcare, cultural heritage, and food. For some buyers, especially retirees or remote workers, it’s more than an investment – it’s a long-term lifestyle move.