Why buy a property in Italy?

Italy is widely appreciated for its food, culture, climate, and quality of life

However, moving to Italy can be attractive also for many practical reasons, such as excellent healthcare, easy travel, and low cost of living.

In addition, Italy offers great opportunities to purchase amazing properties at very competitive prices. Despite the ever growing number of foreign buyers who decide to invest in Italian real estate, opportunities to buy a dream home in Italian most beautiful areas still abound.

We specialize in finding unique and attractive properties in the most charming and liveable regions (such as Abruzzo, Apulia, Marche, Sicily and Tuscany), at very competitive prices.

What should you consider before buying real estate in Italy?

This largely depends on the motivation behind the purchase

Are you looking for a vacation house? An investment property? Perhaps you want to open a guesthouse? Or, maybe you just want to move to Italy with your family and enjoy a healthier and more relaxing life?

Based on your motivations, we can help you find the real estate solution that is right for you: if you are looking for a vacation house, a solution close to the sea or the mountains may be ideal.
If you are considering buying a rental property, we can propose solutions not far from airports and cities of great cultural and artistic interest.
If you are looking to escape the cold winter, we can recommend a warm solution in Sicily or Apulia.

We will be happy to propose the solution that best meets your needs and preferences, be it a small house in the historic center of a medieval village, or a large country house in the vineyards with a swimming pool.

How can we help you?

We can assist you at every step

We can assist you at every step of your journey to find, buy and renovate your Italian dream home. According to your requests, budget and location, we are able to assist you in identifying the most suitable solution for your needs, take care of the negotiation and purchase stages, and provide you with the necessary legal, fiscal and technical support to assess the feasibility of the project.

For example, if you are planning to purchase a property in Italy, you will likely need to open an Italian bank account. Opening a bank account will only be possible if you have a codice fiscale, a unique number issued by the Agenzia delle Entrate (the Italian Revenue Agency). If you decide to move to Italy, you will also need to apply for a visa. We offer personalized assistance with completing, submitting and following up on your visa application. We can provide assistance in the preliminary phase of identifying the property and assessing the feasibility of the purchase transaction.

Then, we can assist you during the negotiation, and finally at the purchase , handling relations with real estate agencies, notaries, banks, and public offices.

Real Estate Auctions

We specialize in assisting foreign buyers

Auctions are an increasingly popular way to buy a house, and we specialize in assisting foreign buyers with purchasing their dream home through auctions.

We will guide you through the process, the required documentation and any risks, advising you on the auction process and ensuring that your purchase is safe and cost-effective. If you are interested in exploring the benefits of purchasing through auctions, please check our Purchasing Properties at Auctions, or do not hesitate to contact us and we will be pleased to explain the process in details and answer any questions you might have.

House Renovation

Often the best properties need at least some level of renovation
We can provide tailored renovation and project management services that ensure that each renovation project runs smoothly, reliably, and without surprises. Depending on your needs and preferences, our assistance would include:

Assessing the legal, technical, and financial feasibility of the project in light of local requirements.

Finding the right professionals and contractors to be involved in the various phases of the project, from the architect to plumbers and electricians.

Ensuring that the quotes provided for the project are realistic and competitive.

Translating all relevant documents.

Arranging meetings with any third party and relevant authorities, accompanying or representing you if helpful.

Purchasing Properties at Auctions

What Are The Advantages Of Buying A House At Auction?
Buying properties through the auction process can be financially very beneficial, but it is critical to fully understand the process in order to ensure that you get all the advantages and avoid any pitfalls.A house typically ends up at auction following foreclosure due to default on mortgage payments. These properties are seized by a mortgage lender (i.e., typically a bank) after the borrower fails to make mortgage payments for several months.Let’s assume that a house with a market value of EUR 1,000,000 is seized by a bank following to the borrower’s failure to make mortgage payments. At the auction, the minimum bid on such house would typically be EUR 290.0000
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Participating in an auction is quite simple:

Property auctions are conducted online, which enables the buyer to have full visibility into the bidding process in real time.

1

The Court verifies the property's legality

and transfers it to the buyer free of any liens or other legal burden.

2

Visits of the auctioned property are always possible

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3

Purchase prices are typically lower than market prices

with price reductions up to 60%.

4

The required down payment is immediately returned

to the buyer if the bid is not successful.

5

The adjudication price can also be paid by bank loan

and Consulex can assist with obtaining a loan from an Italian bank.

6

Transfer costs are significantly lower than in sales

between private parties, because the Court replaces the public notary.
On the other hand, buying auctioned properties without the proper guidance and assistance can be challenging, as most buyers are not familiar with the timing and the procedural requirements of the auction process. We have extensive experience in this field. Our network of professionals will explain the process in great detail and will be next to you at every step of the process.