View all our Volterra properties below.
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.
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.
Historic palace which dates back in parts to the 15th Century, in the heart of Tuscany in Pisa Province. This 44 bedroom property is nicely situated in the centre of a popular location. The hot...
- Floor Size: 1,700 square metres
- Plot Size: 167 square metres
- Bedrooms: 44
Beautifully renovated and updated typical Tuscan villa, located in a countryside setting close to Volterra, which is a charming medieval village in the heart of the Tuscan countryside, just 5 minutes...
- Floor Size: 700 square metres
- Plot Size: 25,000 square metres
- Bedrooms: 7
Charming house with a vast living area of 420m2 with 8 bedrooms and 4 bathrooms, located close to Volterra, which is a magical and mysterious city, described by the Italian writer and poet G. D’Annunz...
- Floor Size: 420 square metres
- Plot Size: 30,000 square metres
- Bedrooms: 8
Fantastic and traditional Tuscan style farmhouse, set among the Val di Cecina hills, just a few km from Volterra. The property is easily accessible through a tarmac road, which is never conges...
- Floor Size: 500 square metres
- Plot Size: 50,000 square metres
- Bedrooms: 5
A spacious property base in the historic centre of Volterra with panoramic views. The residence offers 170m2 of living space, with 4 bedrooms and 2 bathrooms and is in good condition. ...
- Floor Size: 170 square metres
- Bedrooms: 4
A spacious 6 bedroom rural stone property nicely situated in the Tuscan countryside with beautiful panoramic views over the Volterra countryside. Situated in a small hamlet, this 300m2 three ...
- Floor Size: 300 square metres
- Plot Size: 10,000 square metres
- Bedrooms: 6
Beautiful partially renovated stone built house, set amongst the rolling sweet hills of Tuscany, just 6km from Volterra, 60km from Pisa International airport, 62km from Siena, 7 km from Florence, 66km...
- Floor Size: 100 square metres
- Plot Size: 50 square metres
- Bedrooms: 3
Restoration project located right in the heart of the Tuscan countryside, just 4km from the closet medieval town and its amenities. This typical Tuscan farmhouse has a total living area of 270...
- Floor Size: 270 square metres
- Plot Size: 840 square metres
- Bedrooms: 5
Opportunity to purchase a beautifully renovated hotel with 67 bedrooms situated in the heart of Tuscany, just 600 metres from the historical centre of a medieval city. The hotel also comes with...
- Floor Size: 1,020 square metres
- Bedrooms: 67
This impressive wine estate comes with 76 hectares of land and the possibility to buy an additional 120 hectares. Located about 5 km from the Etruscan city of Volterra, in the heart of the Tusc...
- Floor Size: 2,046 square metres
- Plot Size: 760,000 square metres
- Bedrooms: 6