Buying property in Italy comes with more than just the purchase price. Many buyers underestimate the additional costs involved in a real estate transaction — and this can lead to unpleasant surprises. While the exact amount depends on the property, location, and deal structure, here are the main expenses you should plan for.
1. Registration Tax or VAT (Imposta di Registro / IVA)
The amount you pay depends on:
- The property’s purchase price or cadastral value.
- Whether buyer and seller are private individuals or companies.
- If it’s a resale or new-build property.
- Whether you qualify for the prima casa (first home) tax benefit.
Example: Buying a resale property from a private seller without prima casa means no VAT. Instead, registration tax is 9% of the cadastral value (minimum €1,000).
2. Notary Fees and Charges
In Italy, a notary (notaio) is mandatory for any property sale.
- Fees vary based on property value and complexity of the deal.
- Expect costs starting from €1,500–2,000 + 22% VAT.
- This covers drafting and registering the deed, verifying legal compliance, and ensuring the transfer is valid.
3. Real Estate Agent’s Fee
While you are not legally required to use an agent, 70–90% of the Italian real estate market is controlled by agencies.
Hiring your own Buyer’s Agent means:
- Negotiations are done in your interest.
- Fees are transparent and agreed upon in advance.
Typical commissions:
- For smaller properties: €3,000–4,000 + 22% VAT.
- For higher-value homes: around 4% + 22% VAT of the purchase price.
Why Planning Your Costs Matters
Factoring in these expenses from the start helps you set a realistic budget and avoid last-minute stress. The smartest approach? Work with professionals who explain every cost upfront — so there are no surprises at closing.
© ITALTY — Your Italian Realty
We write about buying real estate in Italy with maximum benefit for you, without risks and stress.