IVA/ VALUE ADDED TAX (VAT)
This applies only to properties bought from a company or business and replaces the Land Registration Tax. It is 10% of the declared purchase price of the property (for non-luxury properties) and 20% (on luxury homes with a rating A1 in the property register). Usually it is possible apply 10% IVA. This has to be added to the purchase price, as it is not included in the price charged by the builder or developer. If you are a first time buyer and buy from a developer (who sells the property within 4 years from the date of completion) you pay a reduced rate of IVA at 4% and a fixed Registry Fee.
RUNNING COST OF YOUR PROPERTY :
What are the purchase costs?
1) Agent’s commission
The agency fee is usually 3% plus VAT (I.V.A.) 20% and is payable at the signing of the preliminare contract
2) The registry tax (Importa di Registro)
When a house is sold it has to be registered. The registry tax (imposta di registro) is 3% on a first house and 7% on a second property. This applies for Italians too, not just foreigners. The registry tax is calculated on the value stated at the land-registry office which can be considerably less than the commercial value.
3% of the property value in case of purchase of First Home from a Private Owner
7% of the property value in case of purchase of Second Home from a Private Owner
3) Mortgage tax(Imposta ipotecaria)
2% of the value in case you buy a Second Homes from a Private Owner
4)Cadastre Fees(imposta Catastale)
1% of the value in case you buy a Second Homes from a Private Owner
You will be liable for either VAT or registration tax. VAT is applicable on purchases from a company, whereas the registration tax applies to private purchases
6) Notary Fees
There can be a slight variation in price between notaries, but not much. Notary fees on a property of €150,000 would be from €1,400 to €1,500. The higher the price of a property, the higher the notary fees are likely to be.
услуги по подбору недвижимости
подбор полного пакета документов для оформления покупки недвижимости
Нотариальное оформление купли продажи и регистрация собственности
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