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Sicilian Homes - Properties for Sale to Rent - Dream Home Investments - Eolian Island

The cost of buying a house in Italy can seem elevated compared to other parts of Europe or the UK; nevertheless with careful planning and preparation you can save money. Sicily still offers good opportunities especially if compared with other Italian regions like Tuscany or Umbria. Here a breakdown of taxes and fees.

There is usually between 10-20% of purchase tax depending on type of property, this tax however comes down to 3/4% if you are resident or plan to become so within 18 months of final contract.
Then there are notary fees to consider, these again may vary between 1-4% depending on the price of the property, higher for cheaper properties .
Stamp duties are payable at 1% of the declared price (the actual value of the property may in some cases be up to 50% lower than the declared price).

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About SICILY

Sicilian Homes - Properties for Sale to Rent - Dream Home Investments - Welcome in Sicily

This breathtaking island at the foot of Italy has unspoiled beauty with the mountains coming down to the sea to create panoramic views quite unmatched in the rest of Italy.