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Italian Property Sales & Restorations provides a complete key-in-hand service for the purchase and/or restoration of the best properties in Italy and has a long treasured reputation for supplying a high quality service to our international clients developed over our 20 year history.
Italian Property (Sales & Restorations) is located just below the historic medieval city of Cortona in Tuscany and is conveniently located to cover the Tuscan, Umbrian and Le Marche regions. In addition, we have an extensive network of affiliate agencies covering many of the popular regions in Italy. At Italian Property we pride ourselves on exceptional customer support, whether in our home region or with one of our affiliate partners. Our aim is to ensure that you receive the service and guidance you expect from one of the largest, independently operated agencies in Italy.
The Italian Property team is comprised of 12 bilingual consultants who provide a comprehensive service, including property search and assessment, financial guidance and advice, together with step-by-step purchase support and exceptional post sale services. Managing Director, Jason Jones said, "We believe in a complete service, if our clients can leave the purchase experience with a smile and the comfort of knowing that we're still with them for any post sale issues that may occur like service connections or overseas transport, then we have done our job." he continued, "Indeed in many cases that is actually the start of the relationship. Our core business is property restoration, our clients have a vision and we enable them to make that vision a reality. Today we are managing restoration projects which are highly complex and historically important, each client will realise a home completed to their own specifications and requirement. In all these cases, we have supported our clients from the initial enquiry through to the first day of occupancy, and in many cases, beyond. It's a very satisfying business: delivering dreams."
This complete support solution makes Italian Property a leading agent: providing a tailored response to clients' needs in gaining a stake in the unique lifestyle that Italy offers.
For further information contact us via E-Mail or phone (+39) 0575 605191
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Up until the moment a client finds the perfect house our service is completely free. First of all, and most importantly, we will listen to you: every client's requirements are different, it is our job (and one we do well) to find the right property for each client. There is nothing to be gained from us showing you properties that are too small, too expensive or any other variable that doesn�t closely match your criteria.
We will then accompany you on viewing trips to visit the selected properties and supply you with basic information and documentation about the various properties to help with your search. Our sales team, all of whom have lived in the area for some time, will use their expertise and knowledge of Italy and its diverse regions as well everything connected with buying a property here to help guide you through the process and make the experience as simple and stress-free as possible. For all of this we make no charge.
On your behalf we will negotiate with vendors and prepare offer letters in English and Italian. Once an offer is accepted we will carry out a number of searches and checks on the property, such as:
- Is the property (buildings and land) registered correctly?
- Was the property built with approved planning permission?
- Was all work carried out with official approval and according to current regulations?
- Does the vendor match the Land Registry Office details as the owner of the property?
- Are there any outstanding mortgages or debts?
- Are there any claims or liens on the property?
In addition we will:
- Obtain an Italian fiscal code for our clients, without which one cannot buy a property
- Help clients to open a local bank account
- Through our restorations team advise on costs of any work needed
- Provide advice on foreign exchange, finance and mortgages
Once this process is complete, we will prepare a preliminary contract known as a �compromesso� again in both English and Italian. This is a binding legal agreement setting out the terms of the sale including a final closing date: it is a commitment to buy the property and pay the agreed price at the time of signature and is accompanied by a deposit which is forfeited by the buyer should they decide to pull out of the sale or repaid double by the vendor.
The final stage is closing or the 'rogito': this takes place at an agreed time and place infront of a Notary and usually requires both parties to be present. The Notary has a duty to ensure that all documents are correct and accurate, that the buyer is clear about the size and location of the property he is buying and is responsible for the payment of all taxes relating to the purchase.
The purchaser is liable to pay the following:
- Registration Tax - 10% for non-residents, 4% for residents and 18% for land other than that which immediately surrounds the property. These rates are applied to the cadastal value of the property and not the sale price.
- The Notary's fees.
- Bank transfer charges.
Included in the services of Italian Property are:
- Conveyancing fees including all searches and related documentation.
- Translation costs of contract documents.
- Post sales support for the first 6 months including the re-assignment of all utilities bills, registration for ICI (annual house tax), advice on insurance etc.
At the time of purchase we will provide you with a complete list of the costs that will be incurred: as a rule of thumb you should allow between 10% and 15% in addition to the purchase price to cover all the costs. This will also cover the all-inclusive fee that Italian Property will charge for its comprehensive services. We find this to be a fairer method of financial compensation than a percentage commission for providing clients with the level of support they require in realising their dream.
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