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You are at:Home»Economy»What you need to know when buying real estate in Italy

What you need to know when buying real estate in Italy

November 29, 2018

Sunny Italy attracts tourists from around the world. Many people go here to relax, bask on the beach, visit cultural monuments, or climb the slope of Vesuvius. But each time before the trip there is a need to book a room at the hotel. What to do if you have already chose the resort, and the suitable hotel is already busy.

Today in the Italian real estate market there is a serious decline in real estate prices. Therefore, it is worth buying a house on the shore in Italy. This is beneficial for several reasons, you do not need to look for acceptable housing every time, and while leaving for your homeland, it can be leased. Thus, your purchase will pay off over time. You can buy real estate in Italy from owners by contacting the real estate agency in this country. It should be noted that laws are significantly different from our. After you have decided on the future purchase, the agency’s employees draw up a document where data is entered on where in what place your house is located, cost, its condition and cost, as well as the payment deadline. You have the right to indicate in this document the price that you are ready to pay, even if the seller means another amount. A kind, this is a bargain with a seller in writing.

In order to confirm the seriousness of your intention to acquire a house in Italy, you should leave a certain amount in the deposit. Its size is approximately 5 to 10 % of the price of the house. In the event that the seller agrees to your conditions, then the check is written in the name of the seller. Into which the seller can make changes if something does not suit him.

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