Question: What are the taxes to buy an Italian property?
Answer: Italian property purchase taxes depend on several circumstances such as property value on record, if the transaction is subject to VAT, local regulations and incentives, the purchase purpose etc.
Depending on those circumstances, Italian residential property purchase tax rates range from 2% to 10% of the property value on record or the sale price.
For example, if you buy a residential property from a private person, the standard rate is 9% of value on the property tax record (some people call this “cadastral value”). A reduced 2% tax rate is applicable if you qualify for First Home Tax Reduction.
If you buy an Italian house from a developer, the transaction is subject to VAT and the rate is 10% of the purchase price.
Since each case is unique, we have put together a table detailing the main possible cases and applicable taxes and rates. Find rates applicable from 1 January 2018 in our 2018 Italian Property Purchase Guide which includes also information about local taxes, capital gains tax, inheritance taxes etc.
Download here our 2018 ITALIAN PROPERTY PURCHASE GUIDE
For more information on this subject, read also “VAT on Italian Property Purchase“.
Tab 2 content.
Book a Consultation
*Full refund for cancellations up to 1 hour prior to meeting time.
Contact us
I would like:
• Legal assistance – I am considering paying for legal advice/assistance
• General information – I am not interested in paid legal services
General information
Please find general information on our website using the search field at the top right corner of any page or by using any of the top dropdown menus to see information by subject.
• To share my resume
Send us your resume
If you are fluent in Italian and have an Italian degree, please check available positions in the Italian version of this page
• An interview – I am a journalist, author or content creator
• To share information about my business or services
• To report a website issue
• To leave a comment or suggestion – I am not interested in paid legal services
Related posts
- Purchasing: Do I need an Italian Bank account?
- Italian Property Purchase Tips
- Financing a property
- Joint or individual purchase: tax implications
- Purchasing jointly with my spouse or separately?
- Purchasing in a condominio building
- Property taxes
- Double taxation
- ICI – Municipal Tax
- VAT on Italian property purchase
- Income Tax
- Inheriting seller’s debt
- Vendor’s solvency affecting the buyer
- Italian airbnb tax