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Country/farmhouse - For Sale - Other..
- Sale
- 2
- 2
Description:
Traditional Sicilian house, needing to be completely renovated.
On two floors, in 800 sqm of land, with space for a pool (after obtaining the relevant permissions).
Please note that any utility services, heating system or appliances have not been tested and no warranty can be given or implied as to their working order
Additional costs
1) Agency charges amount to a minimum of € 1,500, otherwise up to 3% of purchase price (see our SERVICES page for a full description of the assistance we provide)
2) Investigation of existing ownership and boundaries of a property, normally carried out by a geometra, generally costs from € 750 plus, as a rule, 1% of the purchase price
3) Notary fees are based on the declared value for tax purposes. There is no published tariff but experience points to about 3% on lower value properties, perhaps 2% on higher value
Please note that all professional fees are subject to IVA (Italian purchase tax) at 20%
4) Land registry + Government taxes:
a) 1st home, Italian resident: € 336 + 2% of declared value
b) 2nd home, or non-resident: 9% of declared value
c) agricultural land: 18% of declared value
Declared values are determined by the notary at the time of the ‘rogito’ (final contract). Villatua recommends all prospective purchasers to seek advice on likely tax obligations, as individual circumstances may alter the amount significantly
Buy property in Sicily: Renovation project in Sicily