News

Check out market updates

Taxes to be paid when purchasing a property in Italy

taxes

WHICH ARE THE TAXES TO BE PAID WHEN PURCHASING AN ITALIAN PROPERTY?

The taxes to be paid when buying home depend on several factors. If you buy from a “private” seller or from a building company and if you wish to buy as “first home” or not.

In case the seller is a private, the sale is subject to the stamp tax of 9% (whose tax base is calculated from the cadastral value of the house revalued by the 5% and multiplied by the coefficients 110 if first home; or 120) and the mortgage and land taxes of 50 euro each.

If the seller is a building company, the sale may be:

 exempt from VAT, with the stamp tax of 9% (whose tax base is the selling price) and the mortgage tax and land tax of 50 euro each

 subject to VAT, at the rate of 10% (or 22% in the case of luxury homes); in this case, the mortgage and land taxes are 200 euro each.

If the purchaser wish to buy as “first home” (the house will be the residential home), taxes will be lower:

 in the case of purchase by private (or building company but sold without VAT) – stamp tax is the 2% (whose tax base is calculated from the cadastral value of the house revalued by the 5% and multiplied by the coefficient 110) – fixed mortgage tax of 50 euro – fixed cadastral tax of 50 euro

 in the case of purchase by company, with sales subject to VAT – VAT at 4% – fixed mortgage tax 200 euro – fixed cadastral tax 200 euro – fixed registration tax of 200 euro

The stamp tax can not, however, be worth less than € 1,000.

In addition to the registration tax, the sales subject to VAT apply a rule, except in special cases, the stamp duty of € 230 (considering the case of the notarial deed) and mortgage fee of 90 € (including 55 for the cadastral registration).

Registration taxes, mortgage and land taxes are paid by the notary (the amount is included in his fee) at the time of registration of the act.

 

We use cookies to ensure that we give you the best experience on our website. Our website uses cookies, which could include also third party cookies, to send advertising that is relevant to you.If you want to find out more about the cookies we use and how to disable them, you can access our Cookie Policy By continuing your visit on the website, you consent to the use of the cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close