| Impresa Rusconi

Government helps who buys a house (for Italian residents)

Friday, 07 April 2017
Tax

4% IVA when buying the first house, 50% IVA deduction from IRPEF when buying directly from the Developer. Still:possibility to deduct 50% of the building cost for pertinential garage and possibility to own two "first houses" for 12 months. These are the primary facilitations that government offers to the Italian residents who buy houses and the market trend shows how these concessions,together with low interest mortgages, are contributing to the taking off of the housing market with  528 thousands signed contracts in 2016.

Translated from a Sole24Ore article.

informations here included are provided in good faith. Any decision taken on the informations here included is subject to your personal check and responsibility.


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