PURCHASE TAX AND COST OF PURCHASE

The purchase can place through a property agent, whose commission is 3%. The presence of a notary is required by law at the signing of a contract.

Tax and legal fees amount to an average of 10-11% of the price shown on the contract. The 'ICI' tax is paid annualy at a rate of 4 /7 (x 000) on the value of the cadastral revenue if the owner is the occupier of the property. A tax is also paid annualy for the disposal of waste. This is calculed in relation to the square metres of the property.

For italian tax informations:

http://www.contribuenti.it/tassimm/imm2.asp

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