Everything you need to know before buying property in Italy: costs, documents, taxes and the buying process.
Yes. EU citizens and legal residents in Italy can always buy; citizens of other countries can buy when their country grants the same right to Italians (reciprocity), which is the case for most countries, Brazil included. You don't need Italian citizenship or to live in Italy: a passport and a codice fiscale are enough. The purchase is formalised by a notaio and can be done remotely, through a power of attorney.
Besides the price of the property, you should budget for:
Not necessarily. If you can't be there in person, you can appoint someone with a power of attorney to represent you before the notaio.
It's rare. Italian banks seldom grant mortgages to foreigners who don't live in Italy. Most purchases are paid in cash.
No. Buying a property doesn't grant citizenship or automatic residency. Having a fixed address can, however, make residency procedures easier for those who want to live in Italy.
It's not mandatory, but it's recommended to make payments and collect rent more easily. Italian citizens can open an account with SPID; foreigners can too, but the process may require extra documents.
Yes. Besides the annual taxes, there are condominium fees (where applicable), electricity, water and gas bills, and any renovations. For rented properties, the tenant pays the condominium fees.
You can choose traditional long-term contracts or short-term (holiday) rentals. Each has different rules and taxation, but both can be managed remotely with the support of local agencies.
Yes. If you are a tax resident in Brazil, you must declare the property in your Brazilian income tax return at its purchase price in euros, converted into reais at the date of purchase.
You have two paths: choose a property from our portfolio or ask for a dedicated search, where we look across the entire Italian market for you. Once the property is chosen, we handle the whole process:
No. Citizenship makes some procedures easier (such as opening a bank account), but it's not a requirement to buy a property.
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