Real Estate Services for Foreigners in Italy: Complete Guide

Introduction

Italy attracts millions of foreigners not only for its lifestyle, art and cuisine, but also for its property market. Buying or renting a home in Italy is often the first step towards building a new life or securing a solid investment in Europe.

This guide explains all the main real estate services for foreigners in Italy, from purchase procedures to taxes, property management and residence permits.

Buying Property in Italy as a Foreigner

Foreigners can buy property in Italy, but the rules vary depending on nationality.

Who can buy

• EU/EEA citizens: same rights as Italian citizens.
• Non-EU citizens: allowed if there is a reciprocity agreement between Italy and their country.
• Without reciprocity: possible only with Italian residence or long-term residence permit.

👉 Check reciprocity agreements on the Italian Ministry of Foreign Affairs website.

Buying process

1. Purchase offer with deposit.
2. Preliminary agreement (compromesso) registered.
3. Notarial deed: signed before a notary, who verifies the sale.
4. Registration at Land Registry and Cadastre.

Taxes on Property

When buying a home in Italy, foreigners must pay:

• Registration tax: 2% on first home, 9% on second home.
• VAT (if buying from developer): 4% first home, 10% second home, 22% luxury properties.
• Mortgage and cadastral taxes: fixed €50 each for first home, otherwise proportional.

Annual taxes

• IMU: only on second homes.
• TARI: waste tax, due by all owners/tenants.
• IRPEF: income tax on rental earnings.

Renting Property in Italy

Renting is a good option for foreigners relocating temporarily.

Main rental contracts

• Free contract (4+4 years).
• Reduced rent (3+2 years).
• Temporary contract (1–18 months).
• Student contract (6–36 months).

Contracts over 30 days must be registered with the Italian Revenue Agency.

Property Management Services

Foreigners who don’t live in Italy full-time often need professional support:

• Property management: utilities, maintenance, bills.
• Short-term rental services: Airbnb, Booking management.
• Condominium administrator: required in buildings with 8+ units.

Mortgages for Foreigners

Italian banks grant mortgages to foreigners with varying conditions.

• Required documents: passport, Italian tax code, residence permit (non-EU), proof of income.
• Financing: up to 60–70% of property value.
• Approval time: 1–2 months.

Residence Permits Linked to Property

Buying a property does not automatically give a residence permit. However:

• Owning a property can help apply for Elective Residence Permit, if sufficient income is demonstrated.
• Property may also support family reunification applications.

Professional Support

Foreigners should rely on local professionals:

• Notary: verifies the legality of the purchase.
• Tax advisor: manages taxes and annual declarations.
• Real estate lawyer: contracts, disputes, inheritance.
• International real estate agency: language and practical support.

Conclusion

Real estate services for foreigners in Italy cover every step: buying, renting, managing and taxation. With the right support, moving or investing in Italy becomes a safe and smooth experience.