Buying your dream property in Italy is a lot more complicated than simply deciding you’d like to move there.

 

The Italian property buying process can be complicated, especially when you factor in the language barrier. Plus there are a number of legal and financial considerations that we recommend you seek guidance on.

 

There are three elements to a successful purchase, that we consider so important we’ve dubbed them our “Golden Three”.

I just wanted to thank you for your help in buying my property in La Gomera on which I have recently completed. I used the Legal Group as you recommended and Smart Currency Exchange services as well. I felt more reassured having this support in the buying process.

Marilyn L. Morris

Moved to La Gomera with the help of Spain Buying Guides

To ensure you’re successful we can’t stress enough how important it is to have the right information at your fingertips, and the right experts on hand to answer all your questions, and to guide you successfully through each stage of buying in Italy. The Italy Property Guide team have helped thousands of people realise their dreams of buying in Italy. From over a decade of experience, we know that there are three elements to a successful purchase, that we consider so important we’ve dubbed them our “Golden Three”. These are a trusted estate agent, an independent solicitor, and a currency specialist.

Getting these experts onside early on in your buying journey will mean that you’re equipped with the necessary support, guidance, and advice right from the very start. They will be able to help you plan ahead, will highlight every area you need to consider, and will ensure you avoid the common pitfalls people often encounter when buying in Italy.

Your trusted estate agent

The fact that there are an abundance of Italian estate agents can make the process slightly overwhelming at first – how should you know which agent to choose? We recommend starting your search by researching the areas of Italy that you are interested in. This will provide you with a narrowed down list of agents who specialise in the area you have chosen. A good agent will be able to answer all questions and concerns you have, and will make sure you make the most of your viewing trip. We find that nothing beats a personal recommendation, or the peace of mind that comes with knowing your agent has been tried and tested before, and has produced the right results.

Your expert currency specialist

If you’re moving to Italy from the UK, at some stage you will need to transfer funds into euros in order to complete the purchase. The most common way buyers do this is through their local bank – however, this option is both far slower and more costly than it should be, especially as speed is often key to securing your home.

Smart Currency Exchange is the only UK currency specialist who focuses specifically on the international property industry, and by signing up with them early you can gain access to their expert knowledge before you viewing trip.

We recommend another safe and secure way to move your funds to Italy – enlisting a currency specialist such as our preferred partners, Smart Currency Exchange. Smart Currency Exchange is the only UK currency specialist focusing specifically on the international property industry. By signing up with them early you gain invaluable access to their expert knowledge before your viewing trip. You will be immediately allocated your own personal account manager, who will discuss your needs, timeframes, and the ways they can help you save money on transfers. They will also be able to transfer your funds safely and securely and can potentially save you money (this could be up to 4% on every transaction) with their competitive exchange rates.

Your independent solicitor

The last vital ingredient to our Golden Three is an independent solicitor who can guide you through all the tricky financial and legal transactions involved in the process. You need to find an independent, English-speaking lawyer who boasts expert knowledge of the Italian legal process, as well as your chosen region and all its various regulations. They will be able to help you manage issues that arise over the course of the process, such as inheritance tax, or planning issues.

Let the Italy Property Guides team take the stress out of your buying journey. Complete this form to be put in touch with a trusted Golden Three of property professionals.

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