Menaggio Lake Como Property For Sale
Area GuideProperty Buying Guide

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7 properties
Ref 248557
Truly a one of a kind, this iconic property is the ultimate symbol of elegance and quality. Built in 1903 by the renowned architect Michele Gagliardi, this Liberty style villa, was completely resto...
2,000 EUR
Wow factor 13 bedroom Villa for sale with lake view in Menaggio, Tremezzina, Lombardy
Ref 247151
Absolutely exceptional, luxurious fully furnished, turnkey villa with beautiful 3 bedroom guest house and 2 bedroom lodge, nestling in 2.5 acres of glorious landscaped gardens with amazing infinity...
22,000,000 EUR
Furnished 1 bedroom Apartment for sale in Menaggio, Tremezzina, Lombardy
Ref 245604
A conveniently and centrally situated single bedroom apartment within walking distance of Lake Como, in a desirable residence. This beautifully presented 90m2 property is found on the first floor...
380,000 EUR
Furnished 2 bedroom Villa for sale with lake or river view in Menaggio, Tremezzina, Lombardy
Ref 245599
Desirable 2 bedroom property in the Loveno area of Menaggio with outstanding views of Lake Como, set in an impressive communal residence with excellent facilities. The bright 120m2 property is sp...
837,000 EUR
Furnished 2 bedroom Villa for sale with lake or river and panoramic views in Menaggio, Tremezzina, Lombardy
Ref 245563
A nicely presented property in the desirable district of Loveno, Menaggio, with fabulous panoramic views of Lake Como and the mountains. The well-kept detached villa comes with living space of 2...
735,000 EUR
Renovated 2 bedroom Villa for sale in Menaggio, Tremezzina, Lombardy
Ref 240305
Beautifully renovated 2 bedroom villa set in glorious landscaped gardens while enjoying panoramic lake views from its elevated location In the hilly area of Menaggio, a hamlet of Croce. Situated a...
1,700,000 EUR
3 bedroom Villa for sale in Menaggio, Tremezzina, Lombardy
Ref 208259
This delightful villa in Menaggio comes with wonderful views of Lake Como and Bellagio and a large terrace from where to enjoy them. The property comes with 200m2 of is composed of: basement: larg...
560,000 EUR

Area Guide

Buying Real Estate in Italy

1. Making the Offer to Purchase (Offerta)

Once you have found the property you wish to purchase you will start the process by making a formal offer to the vendor, the estate agent will act on your behalf and put forward the offer, a deposit will be made available, generally around (10,000 - 20,000 EUR). Once the vendor has accepted the offer it will be formalised in writing to the vendor in both English and Italian. If this is accepted the deposit (Caparra Confirmatoria) will be paid to the vendor. This will form a legally binding contract. Neither party may withdraw at this point, the sale can be forced by either party or a claim for damages can be made. If the purchaser withdraws their deposit will be lost, if the vendor withdraws the purchaser can claim twice the deposit in compensation.

2. Signing the Preliminary Contract (Compromesso or Contratto preliminare)

The next step will take place between 1 and 3 months after the offer has been accepted, this is a formal agreement between the vendor and purchaser to sell and buy the property, this agreement is the Preliminary Contract and will contain the conditions and terms of the sale. It is important at this stage that you have a full understanding of all the details contained in the contract. We would strongly recommend that you appoint a Notary who is fluent in English. This document will include the purchase price, a detailed description of the property including completion date and will cover any obligations placed upon the buyer and the vendor. All information relating to the property including any planning permissions for the property and the cadastral details (a public record, survey, or map of the value, extent, and ownership of land as a basis of taxation). Once the Preliminary Contract (Contratto preliminare) has been signed a further deposit (Caparra Confirmatoria) will be paid, this will generally be 10% - 20% of the purchase price. There will also be an estate agents Commission Fee (Provvigione) which will need to be paid at this point.

3. Signing the Final Deed of Sale (Rogito or Atto Notarile)

The purchaser must have a bank account in order to make the purchase on completion. The signing of the final deed of sale which will authorise the transfer of the property must be overseen by a Notary (Notaio). The buyer will select and hire the Notary, but they are members of an independent body of public/professionals who will draft the purchase deed, they will oversee the passing of the title legally from the vendor to the purchaser. The Notary will also verify the legality of the documentation and registration with the Conservatoria dei Registri Immobiliari and the Local Land Register.

4. Formalities to be observed after Completion

Foreign buyers should obtain a certified copy of the Purchase Deed (Rogito), which the Notary will have lodged with the authorities. Generally this will be available to collect around 2 – 3 weeks after completion. The Notary will also give you a form to complete for the the local authority (Questura) who will have been given formal notice of the purchase. Your Notary will help you to complete this form. You will need to contact the utilities companies to set up new contracts (power, water, telephone, gas etc.). If the property is a flat, the condominium manager (Amministratore del condominio) should be informed of change of ownership of the property.

IMPORTANT - Disclaimer : All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.

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