Real estate purchase procedure
First stage
So, you have come to us on a sightseeing tour, you have traveled with us throughout the region, you have seen and known all its hidden corners better than ourselves. And now, in front of you is the apartment or villa of your dreams. Area and location, mountain views, road to the sea, price - everything meets your expectations and goals. You decide to buy.
We urgently block the item for a certain time (30 days) by signing an agreement (booking form), which confirms the intention to buy and sell. In this phase, the payment schedule and the date of signature of the final contract of the purchase and sale transaction are discussed. You also make the first minor payment, which confirms your serious intention to close the transaction. Thereafter, the developer or owner is not allowed to sell the property for 30 days and at this time we conclude a preliminary contract.
Second phase
Signing of a preliminary contract. Many of our compatriots do not understand the need for this phase, because a preliminary contract is not concluded in Russia. However, it is this contract that guarantees compliance with all the terms of the transaction: fixed price, type and terms of payment, floor plan of the object, all legal and technical data, the settlement date with final notarial deed confirming that this l the object is free (not mortgaged) and is not subject to confiscation.
A preliminary contract is signed in Italy in case of payment by installments, as well as payment of real estate through a Russian bank, eg. in the event that he has not transferred funds to an Italian bank to conclude a transaction. If desired, you can register a preliminary contract with a notary, this service is paid for. You can find out all the details of the procedure by contacting us by phone.
Phase three
Conclusion of the final contract with a notary (final contract). At this point, you need to have an open tax code. You can do it yourself on the territory of Russia or with our help after signing the booking form in Italy. When all these issues are resolved, we will agree a date with you and you will arrive at the signing of the final contract. Two hours in the company of a notary, our lawyer and two translators - and you are the owner of your own apartment. There is a reason to open the champagne!
Registration of a transaction in 2 steps
Upon agreement of the parties, it is possible to bypass the phase of signing the preliminary contract. So, you came to us, you chose a property and you decided that you don't need an installment plan, and you want to go directly to the notary.
First stage
We reserve the item, because in any case we need time to complete the transaction. After the reserve, the item is withdrawn from sale for 30 days and we fix the remaining problems. We are opening a tax code and a bank account for you, because the payment without a preliminary contract can only be made by an Italian bank by blocking the funds in the account. As a result, transfer the required amount to the account.
Conclusion of the final contract with a notary (final contract) So, we have everything ready, we arrange an appointment with you and you come to sign the final contract. As in the more complex version - after 2 hours in the company of a notary, our lawyer and two translators, you become the owner of your apartment in Italy. Our congratulations!
Tax conditions in Italian law When buying a property in Calabria, you pay a tax of 10% of the sale price in accordance with Italian law. For your review, we'll give you all the major options for taxing a homeowner.
Second phase
Conclusion of the final contract with a notary (final contract) So, we have everything ready, we arrange an appointment with you and you come to sign the final contract. As in the more complex version - after 2 hours in the company of a notary, our lawyer and two translators, you become the owner of your apartment in Italy. Our congratulations!
Want to come and buy right away - no problem! We communicate with you on the Internet on all matters, choose an object for you, consult, send the necessary information, draw up a contract in advance and set a date for concluding a transaction with a notary. You must first have an open tax code and the money is transferred to an account in an Italian bank. You arrive at the appointed time and we will immediately go to the notary to register the selected property for you.
We have described the most common ways of buying real estate, but there is always an opportunity to adapt to your situation and conduct a transaction according to an individual scenario - in the way that is convenient for you!
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