Italy 101: Understanding the Housing Market
The housing market in Italy is very different from other markets and many aspects of it often surprise foreigners relocating here. In order to fully understand how it works, and to avoid any unpleasant surprises, let’s take a look at the most important things to know: 1. Landlord’s Market– Italy, for the most part, is […] Read More
Italian Real Estate Outlook for 2017
The Italian real estate market continues to show signs of consolidated growth, favored by the persistence of very low home loan interest rates and stable sales prices, now at record lows. After the prolonged decrease in the number of transactions and prices that began in 2007, with 2012 as the ‘annus horribilis’, from 2015 the […] Read More
Renting Your Italian Property
As examined in Italian property purchase: what is it really going to cost?, being an owner-occupier (“residente”) comes with significant tax advantages, both in terms of the transfer taxes and ongoing expenses. If your time in Italy is instead limited to holidays and you wish to purchase an Italian property you can rent out for […] Read More
Apartment Leases in Italy
Signing contracts for an apartment and figuring out which option is best for you is an important part of living in Italy. When signing an apartment there is some key information that the renter should know first. Rental prices used to be restricted to a set price through the fair rent (equo canone) law, but […] Read More
Italy’s Building Standards: Is your house safe?
The recent tragedy in central Italy has again highlighted the nation’s shortcomings in regards to building safety standards and the immense challenge it faces to protect its beautiful but vulnerable historic buildings, and those who inhabit them. Most of Italy’s buildings were in fact erected prior to the existence of building codes, often with poor […] Read More
Apartment Rental Prices (Milan)
Milan is a diverse city characterized by its unique mix of both history and the pathway into the future. There are areas rich with history such as the Piazza del Duomo and new modern areas such as the Piazza Gae Aulenti. The city offers many different types of areas to live, from the upbeat Navigli […] Read More
Buying an Italian Property at Auction: Pros and Cons
Property auctions are not such a common occurrence in Italy and are mostly the result of court or bankruptcy proceedings. As such, they can provide endless investment opportunities, especially in a more difficult economic climate like the present one. Competition among buyers is not normally high and it is one area where the offer generally […] Read More
Save thousands of dollars on your US expat taxes
Introduction to the Foreign Housing Exclusion There may be a deduction you haven’t heard of that can save you thousands of dollars on your US expat taxes. There are quite a few critical tax breaks which assist US Expats in reducing or completely eliminating their US income tax liability. There is one exclusion that doesn’t […] Read More
Helpful tips on buying a property in Italy
Buying a property in Italy can unfortunately be a nerve-wracking process and there are plenty of potential pitfalls. What starts out as an exciting adventure can quite easily turn into an unpleasant and costly experience. This is however no reason to be put off. Just be sure to do your research and to seek the […] Read More