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Property Abroad - Italy

Although Italy has not experienced the same property boom as Spain it is becoming increasingly popular. Italy could become the new Spain as a holiday destination so there could be an opportunity for UK investors.

You can still find very cheap properties (particularly in the south) but many of the rural properties do not have basic amenities such as water or electricity. If you are looking to buy property in this kind of area, learning the language will be a real benefit, if not essential!

 

Buying a property in Italy is quite a straightforward process however you will still need to use the services of an English-speaking Italian solicitor. You can expect to pay anything from 10% to 20% of the purchase price to cover registration tax, legal fees, estate agent fees and surveyor fees.

Below are links relating to holidays in Italy:

For advice about how to arrange your mortgage for your dream home abroad visit us at www.mortgages.co.uk

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