Buying or renting a property in Italy

The Italian property market features a plentiful supply of homes, which often outstrips demand. There is a lot of choice therefore, when deciding which house to rent or buy. So, there is no need to rush when selecting a property as there are plenty that can satisfy anyone's tastes, whether they are country homes, villas or modern and functional apartments.

The Italian property market features a plentiful supply of homes, which often outstrips demand. There is a lot of choice therefore, when deciding which house to rent or buy. So, there is no need to rush when selecting a property as there are plenty that can satisfy anyone's tastes, whether they are country homes, villas or modern and functional apartments.Legal advice is highly recommended when buying or renting a property in Italy. Lawyers may charge an average of 200&#x; per hour or may ask to be payed 1 or 2% of the property value with a minimum fee of 500 to 1000&#x;. Lawyers can: enquire as to whether the landlord has a registered title; find out if the property conforms to local planning and that the relevant planning permissions were given out if any changes were made to the property.Legal problems may also arise when several individuals are registered owners of the property, which is common in Italy. In this case one can buy the property only after all of the registered owners give their consent.Renting a property can often be equally challenging from a legal point of view. In Italy, there are about 200,000 houses that are rented without being registered and without paying taxes, thus making rent more expensive than they should be. Fortunately, a new law was recently passed stating that the tenant has the right to report the landlord if he fails to register the property. If the landlord is in fact unregistered, the tenant has the right to pay a rent up to 90% less of the rent's original value.The research involved with finding a place to live in Italy, therefore&#x;makes seeking professional support a necessity.&#x;