(Part 3) Buying Real Estate and property in Sicily, Italy - FAQ
Note: The rules are constantly changing and you are best off to consult with your appointed agent or a solicitor. The information below is subject to change and just a guide rather than the present factual information.
Back to Part 1 of Sicily Buying Faq and Part 2.
How long does it take to buy a property in Italy?
If we provide consultancy on the above mentioned matters, we can generally move from offer to completed sale in around 3-4 weeks if both parties are ready and if the final check on the paperwork shows up no last-minute problems and a notaio is available to produce the sale documents and to witness the sale.
Where can I find out about the latest Sicily investment news?
You can find the latest news and developments by going to our Investment News page.
Is it easy for a foreigner to get a mortgage in Italy? For information about mortgages in Italy, check this link: http://www.bancaperlacasa.it/ubcasa/jsp/foreign_buyers/index.jsp. It links to a bank called Unicredit, Banca per la casa (Bank for the home) and it was formerly the Abbey National branch in Italy. They have a branch in Catania, Sicily.
How much are the agency fees?
2-3 % on the price of the property for the buyer, 2-5% for the seller.
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