Fundamentally the country can be split to two parts – North and South. South is much cheaper, because investors have not “discovered” the area, as well as the North. Tuscany is one of the most popular destinations, there is ban on new buildings, which makes it authentic but least affordable. Houses are usually come with own vineyards. The country is rich in summer holiday destinations, as well as winter sport destinations, seashores and beautiful inland landscapes.

• 3% annual yield from letting, but this country is more buying for own usage
  
• Most popular destinations are Tuscany, Dolomites and any seashore towns, Rome, Milan,
  Firenze houses and apartments
  
• 1-2 bedrooms apartments from around €70,000 mainly in the South, 1-2 bedrooms apartments and houses are rom €200,000 in the North, in Tuscany the rustic houses/villas in their original state can be above €700,000
  
• Deposit is 10-30% of the value of the property, paid when a pre contract is made
  
• All contracts are Italian language, therefore a translator and translations are needed on the cost of the buyer
  
• Transaction tax 9% this is paid after the registered value and NOT the transaction value. Registered value is normally much lower than the real market value of the properties
  
• Notary fee 1.5-2%
  
• Searches typically done by local lawyers 1%
  
• Required time of completion after the property is chosen 1 month
  
• Continuous taxes: property tax based on a table, released by local councils. The rate is fairly low
  
• Communal costs are not high either, but the owners have to contribute equally