Additional costs when buying a house in Liguria

• Notary costs about 1-2% of the purchase price
• Costs for the sworn translator (if necessary - approx. EUR 1.000)
• Real estate transfer tax on buildings (purchase as a second home):
• when buying from a private individual: 9% of the cadastral value plus administrative costs and fees
• when buying from a company: 10% on the agreed purchase price

• Real estate transfer tax on buildings (purchase as primary residence):
• when buying from a private person: 2% of the cadastral value plus administrative costs and fees
• when buying from a company: 4% on the agreed purchase price

• Real estate transfer tax on agricultural land: 15% on the declared value
• Commission of the real estate agent in Italy (already upon conclusion of the preliminary contract): 3% plus 22% VAT.

The cadastral value is calculated from the cadastral income. You can find this in the extract from the register. The cadastral value of a property is usually significantly lower than the market value. Approximately 4 weeks after signing the notary contract, the new owner can apply for/pick up a certified copy of the notary contract from the notary.
The above information is not legal advice. No liability can be assumed for their correctness.

Why you should hire a real estate agent when buying a property in Liguria

A broker must not only have an Italian license, but also be able to give a guarantee for the object of purchase. This means that a reputable broker, with the support of a geometer and a notary, checked whether all building regulations on the property were complied with and verified that there are no third-party charges and open tax debts. Bad surprises such as building sins, rights of way, rights of use and conversions of magazines that have been converted into living space but have never been entered in the cadastre can be avoided by hiring a reputable broker.

A real estate internet portal cannot provide you with such guarantees. And in the case of a private seller or broker, it cannot be ruled out that he will withhold such details from you and that the basic overwriting will not occur.

Why you should hire an agency for financing

If you want to use finance to buy your property in Liguria, an agency like casariviera can help you save hard cash. Such agencies are professionals who use their expertise and experience to negotiate optimal conditions for you at the local banks. These include, for example, interest, duration or a variable repayment. In the end, you will have offers from several banks and you can decide on the optimal solution for you.
More about financing

Buying property in Liguria checklist: This is what you need from the notary

• Valid identification paper: identity card, passport
• Tax identification number
• for financing: Land charge form from the financing bank

Buying property in Liguria: the expiry of the notary appointment

First of all, both parties receive a copy of the sales contract. The notary verifies the identity papers of the buyer and seller and checks their documents. On the seller's side, the documents of the creditors to be replaced, on the buyer's side, if necessary, the documents on financing. Then, if any, open questions from both parties are clarified and potential final discrepancies such as the amount of the purchase price or material defects in the property are resolved.

If one or both parties have questions about the draft of the sales contract or want to discuss possible changes, this will also be done before the notarization. This appointment is there to answer questions or to clear up possible ambiguities - at best, of course, to the satisfaction of all those involved. However, if serious problems arise between the buyer and the seller, which could jeopardize the notarization, these discrepancies should in any case be resolved or an agreement should be found before reading the deed.

The notary then reads out the sales contract. If there are requests for changes, these will be handwritten on the original document. Even years after the conclusion of the purchase contract, there is the possibility of inspection of files in the event of any legal disputes. Following the notary appointment, the buyer and seller will receive a possibly revised version of the purchase contract.