Tremezzina Property
Tremezzina Property
Tremezzina Property

Why Choose PPG

For over twenty years we have built a network of the best professional agents in the most desirable locations. We offer our clients a tailored personal service. We make sure that buying your overseas property, from initial viewings to final purchase, goes as smoothly as possible.

More

Tremezzina Property

Guide to the Italian Buying Process

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.

View Properties

 

Taxation

Various taxes must be paid on purchases. Registration tax / stamp duty (Imposta di Registro) is calculated on the government’s valuation of the property (Valore catastale). This will vary according to whether the property is being purchased as a holiday home, or as your primary residence. For a holiday home stamp duty will be 10% of the valuation. If you are intending to use the property as your primary residence and apply for residency (Prima casa), providing this is done within 18 months of the property transfer then stamp duty will be reduced to 3% for an existing property and 4% for a new build. This will be paid to the Notary on completion of the purchase.

Land registration, mortgage and cadastral taxes also need to be paid to the Notary on completion. These are one-off payments and are around €168 each.

Once the property has been purchased further taxes must be paid. There is a local council tax ICI/IMU property tax (Imposta Comunale sugli Immobili) of 0.4% to 0.9% of the property’s cadastral value. The rate for this is calculated annually by the council and paid bi-annually in June and December. This rate will be reduced if the property is the primary residence (Prima Casa).

If you are not resident in Italy you will have to declare any income gained from activities in Italy to the Italian Tax authorities. This income will also have to be declared in your country of residence, you will need a double taxation agreement to mitigate against paying twice. This declaration will apply to any income you might obtain from letting a property in Italy. Some expenses incurred on the property may be off-set against the income you derive from letting out the property. This can include management expenses, local taxes, repairs etc.

There is one tax which applies only to holiday homes, there will be a 20% Capital Gain on the difference between the buying price and the selling price if the property is sold prior to 5 years ownership.

View Properties

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.

69 properties

Search Options

Beautiful Belle Epoque Villa in Tremezzo, Lake Como for Sale with 4 Bedrooms.

Beautiful Belle Epoque Villa in Tremezzo, Lake Como  for Sale with 4 Bedrooms.
3,500,000 EUR

Beautiful Belle Epoque Villa in Tremezzo, Lake Como for Sale with 4 Bedrooms.

Strikingly attractive historic property within a beautiful natural setting in one of the most beautiful villages in Italy, surrounded by lovely palazzos and villas, today offering modern luxury an...

REF: 216359
  • Floor Size: 650 square metres
  • Plot Size: 6,000 square metres (0.60 hectares / 1.48 acres)
  • Bedrooms: 4
More Info

Beautiful Waterfront Villa with 6 Bedrooms and Boat Access in Lenno, Lake Como.

Beautiful Waterfront Villa with 6 Bedrooms and Boat Access in Lenno, Lake Como.
4,300,000 EUR

Beautiful Waterfront Villa with 6 Bedrooms and Boat Access in Lenno, Lake Como.

A superb and spacious character villa with boat access on the waterfront of Lake Como on the lakeshore of Lenno, a famous coastal resort in the municipality of Tremezzina. The property overl...

REF: 215581
  • Floor Size: 650 square metres
  • Bedrooms: 6
More Info

Historic Castle for sale with 9,000m2 of land, Menaggio, Como, Lombardy

Historic Castle for sale with 9,000m2 of land, Menaggio, Como, Lombardy
3,350,000 EUR

Historic Castle for sale with 9,000m2 of land, Menaggio, Como, Lombardy

Grand and historic 60 room castle with a vast total built area of 2,685m2, set within a large dominant hilltop setting on a plot of 9,000m2, situated behind the village of Menaggio, in a dominant and ...

REF: 215216
  • Floor Size: 2,685 square metres
  • Plot Size: 9,000 square metres (0.90 hectares / 2.22 acres)
  • Bedrooms: 40
More Info

3 bedroom villa for sale, Menaggio, Tremezzina, Como, Lake Como

3 bedroom villa for sale, Menaggio, Tremezzina, Como, Lake Como
1,350,000 EUR

3 bedroom villa for sale, Menaggio, Tremezzina, Como, Lake Como

A beautifully presented and spacious 3 bedroom villa on the hillside of the charming town of Menaggio, with superb views over the lake. The property is approached via a gate which opens to a ...

REF: 215014
  • Floor Size: 294 square metres
  • Bedrooms: 3
More Info

4 bedroom villa for sale, Menaggio, Tremezzina, Como, Lake Como

4 bedroom villa for sale, Menaggio, Tremezzina, Como, Lake Como
880,000 EUR

4 bedroom villa for sale, Menaggio, Tremezzina, Como, Lake Como

Modern and beautifully presented 4 bedroom villa, with a total living area of 170m2, ideally situated within a quiet and picturesque complex of new villas located in Menaggio, just 5 minutes from the ...

REF: 214796
  • Floor Size: 170 square metres
  • Bedrooms: 4
More Info

3 bedroom villa for sale, Lenno, Tremezzina, Como, Lake Como

3 bedroom villa for sale, Lenno, Tremezzina, Como, Lake Como
2,300,000 EUR

3 bedroom villa for sale, Lenno, Tremezzina, Como, Lake Como

Spacious and superbly situated villa, on the banks of Lake Como with the benefit of one hundred and eighty degree lake views as well an exclusive location accessed via a private road that serves onl...

REF: 213547
  • Floor Size: 325 square metres
  • Plot Size: 3,000 square metres (0.30 hectares / 0.74 acres)
  • Bedrooms: 3
More Info

7 bedroom villa for sale, Tremezzina, Como, Lake Como

7 bedroom villa for sale, Tremezzina, Como, Lake Como
Enquire For Price

7 bedroom villa for sale, Tremezzina, Como, Lake Como

This charming old villa in the prestigious area of Tremezzina is rich in history and charming historic features. The property stands at the heart of a large private garden of 1,400m2 and with l...

REF: 211841
  • Floor Size: 360 square metres
  • Plot Size: 1,400 square metres (0.14 hectares / 0.35 acres)
  • Bedrooms: 7
More Info

Plot of land for sale, Tremezzo, Tremezzina, Como, Lombardy

Plot of land for sale, Tremezzo, Tremezzina, Como, Lombardy
550,000 EUR

Plot of land for sale, Tremezzo, Tremezzina, Como, Lombardy

Perfect for the construction of a luxury villa of approximately 300-350m2 (excluding porches, terraces and balconies), this fabulous plot of land of around 1,800m2 is in an exclusive position. ...

REF: 211834
  • Plot Size: 1,800 square metres (0.18 hectares / 0.44 acres)
  • Bedrooms: 0
More Info

5 bedroom villa for sale, Tremezzina, Como, Lake Como

5 bedroom villa for sale, Tremezzina, Como, Lake Como
Enquire For Price

5 bedroom villa for sale, Tremezzina, Como, Lake Como

Built in 2017, this wonderful villa with great lake view in Tremezzina, stands in the heart of a lush green garden of 1,000m2 close to the lake and all the main services. The property comes wi...

REF: 211833
  • Floor Size: 370 square metres
  • Plot Size: 1,000 square metres (0.10 hectares / 0.25 acres)
  • Bedrooms: 5
More Info

3 bedroom apartment for sale, Tremezzina, Como, Lake Como

3 bedroom apartment for sale, Tremezzina, Como, Lake Como
1,290,000 EUR

3 bedroom apartment for sale, Tremezzina, Como, Lake Como

Part of an elegant historic residential building, this apartment was completely renovated in 2008 and presented fully furnished with 190m2 of living space. The villa has a lift and is surrounde...

REF: 211795
  • Floor Size: 190 square metres
  • Bedrooms: 3
More Info
1234567>