Why does Italy NOT having a Multiple Listing System (MLS) expose
buyers to problems?
Italian Real Estate agents are not required to collaborate and are
considered Mediators. They are deal-centric and
this puts pressure on sellers to list the property with multiple
agencies to try and attract more attention. Have you ever wondered
why you see the same property listed for different prices, location
unknown, with varying details? The lack of an MLS is why. For more
information on how to avoid costly mistakes, contact us before you
start your search. No hidden fees, no obligations, just education.
Why should I use ItalDwell Real Estate instead of buying on my
own?
Buying property in Italy involves unique legal, financial, and
cultural challenges. Our team provides end-to-end support including
property search, legal assistance, renovation coordination, and
post-purchase management. We bridge the gap between American
expectations and Italian practices, ensuring a smooth and
stress-free experience.
Can I buy property in Italy as a non-resident?
Yes! Non-residents from the US and other countries can purchase
property in Italy. However, there are specific legal requirements
and documentation needed. We guide you through the entire process,
including obtaining your codice fiscale (Italian tax ID), opening an
Italian bank account, and working with notaries for the deed
transfer.
What is included in the Exclusive Buyers Tour?
Our Exclusive Buyers Tour is a comprehensive 5-day journey through
Italian real estate markets. It includes property viewings tailored
to your preferences, meetings with local experts, cultural
experiences, professional consultations with lawyers and architects,
and a detailed understanding of the buying process. All
accommodations and most meals are included.
How much does it cost to buy property in Italy?
Property prices vary greatly depending on location, size, and
condition. Beyond the purchase price, expect additional costs
including notary fees (1-2%), registration tax (2-9%), real estate
agent fees (typically 3%), legal fees, and potential renovation
costs. We provide detailed cost breakdowns tailored to your specific
property interest.
How long does the buying process take?
The timeline varies, but typically takes 2-4 months from offer to
final deed signing. This includes preliminary contract signing
(compromesso), due diligence period, mortgage approval if needed,
and final deed transfer (rogito). We coordinate all parties to
ensure the process moves as efficiently as possible.
Do you help with property management after purchase?
Absolutely! We offer comprehensive property management services
including utility setup, maintenance coordination, rental management
if you choose to rent your property, and ongoing support for any
issues that arise. We're your long-term partner in Italy, not just
for the purchase.
Can I get a mortgage in Italy as an American?
Yes, some Italian banks offer mortgages to non-residents, though
requirements are stricter. Typically, you'll need a significant down
payment (40-50%), proof of income, and comprehensive documentation.
We work with banks experienced in lending to international buyers
and can help you explore your financing options.
What regions do you cover in Italy?
We cover areas from Rome north to the Dolomites and Sardinia,
including Tuscany, Umbria, Le Marche, and other beautiful regions
known for their lifestyle quality and value. However, we have a
network throughout Italy and can assist with property searches in
other regions based on your preferences and goals.