How much tax is paid on residential rentals?

Italy has progressive tax rates. If you lease residential real estate on a regular basis you need to declare your total annual rental income every year. If this amount does not exceed € 15,000 per year, it is taxed at 23% plus 2% of the annual rent. If the annual rental income is greater than € 75,000, it is taxed at 43% plus 2% of the total annual rent. However, paying less tax is possible: for example, when registering a rental contract with the cedolare secca option, the tax rate is fixed at 21% of the annual rent. And on a comodato d'uso contract, no tax is paid because this type of agreement implies a temporary provision of housing for free.

What is the property purchase payment process?

According to Italian law, non-residents must open a local bank account and transfer the full property purchase amount to it. In addition, 10% of the deposit must be paid by bank cheque. When the notarial act is issued, the bank will issue a cheque with the remaining amount to the seller.

What documents are required to buy an apartment in Sicily?

Passport; Marriage certificate or premarital agreement; Tax identification code – codice fiscale (on request from an Italian consulate in the applicant's home country or the local tax authorities).

Which regions of Italy offer the cheapest property prices?

It’s possible to buy a one-bedroom apartment for about € 60,000 in the city of Pizzo (Calabria) and from € 105,000 in the region of Abruzzo.

How much does it cost to maintain a property in Sicily?

Residential property maintenance costs comprise three parts: tax, utilities, and insurance. Italy introduced a unique communal property tax called imposta unica comunale (IUC) on January 01, 2014. It is calculated on three taxes: Municipal property tax (imposta municipale unica, IMU). It is levied at 0.76% but not on the real estate used as primary residence; Waste tax (TARI) – about € 100; Municipal tax for road maintenance, street lighting, and so on. On average, the tax on an 85 m² apartment is about € 850 per year. As for utility payments, they depend on the property. Anywhere between € 200-5,000 per annum for an apartment, depending on its size, while a villa with a swimming pool will be somewhere between € 1,200-6,000 per annum. The insurance fee depends on a property’s value and usually ranges from € 300-2,000 per annum (usually 1–2% of the property value)

Can Italian citizenship be obtained through buying a property?

Property owners do not automatically become Italian citizens. It is necessary to live in the country for at least 10 years before becoming eligible for citizenship.

Which regions of Italy are the most promising for investing in real estate?

The most advantageous regions in terms of property investment are Lombardy, Piedmont and Liguria thanks to the well-developed infrastructure, which fuels price growth.

What is the process for the transaction closure?

To start, you need to open an Italian bank account and obtain a tax identification code. After that, a deposit is paid to reserve the property. The sum of the deposit is 1% of the purchase amount. Next, a sales agreement is signed. If the transaction closure is particularly time-consuming, a preliminary agreement with a deposit of as much as 10–30% can be signed. The final sales agreement is processed at a notary office. The agreement is also officially registered with Italy’s Real Estate Registration Department. The payment can be made in two ways: by a cheque or via a direct transfer of funds from the buyer’s bank account. After this is sorted, the new owner will receive the keys, sales agreement, and property register extract.

Do foreigners pay the same property taxes as Italians?

Yes, in Italy the taxes for residents and non-residents are the same. If buying a new-build you will have to pay: VAT — 4% of the property value; Fixed registration tax — € 200; Fixed mortgage tax — € 200; Fixed cadastral tax — € 200; For an existing property you will have to pay: Fixed registration tax — 9% of the property value (€ 1,000 at least); Fixed mortgage tax — € 50; Fixed registration tax — € 50. Owners pay a communal tax of up to 10.6%. Income tax for individuals is between 23–43%.

Are there any extra costs related to the purchase of an apartment in Sicily?

Yes, in addition to the expenses mentioned above there are a number of additional costs. For example, the payment of notary fees at 2–4% of the property's assessed value. This includes: Cadastral tax and a mortgage instalment – € 50 or € 200 depending on the buyer's residence permit availability; State duty – € 230; property tax – € 24.71; State register inscription fee – € 90; Notary fee – about 1–2.5% (for properties priced between € 300,000-1M the fee is € 5,000-7,000).

Can non-residents obtain a residential mortgage loan in Sicily?

Yes, but it is difficult to do so. Non-residents must have lived in Italy for at least two years and in some cases for five years. The income must be euro or dollar -denominated.

What is the process for property title registration in Sicily?

Property title registration involves several stages. Firstly, the parties sign the sales agreement at a notary office. The notary then forwards the information to state agencies: tax authority, cadastre chamber office, and registration chamber. The lead time for documents ranges from a few days to three months, depending on the region where the transaction is closed. Only when all of the registration processes are completed does the buyer receive their original documents.

Property for sale in Sicily: 82 offers

Order by:

price low to highlow to highprice high to lowhigh to lownewest firstnew

Townhouse with a patio, San Gregorio di Catania, Sicily, Italy for 330,000 €

Townhouse with a patio, San Gregorio di Catania, Sicily, Italy

330,000 €

Total area 170 m²Land area: 200 m²4 bedrooms2 bathrooms

Renovated villa with a private garden, a pool, a terrace and a sea view, Augusta, Italy for 1,100,000 €

Renovated villa with a private garden, a pool, a terrace and a sea view, Augusta, Italy

1,100,000 €

Total area 200 m²Land area: 1,200 m²3 bedrooms2 bathrooms

Golden Visa

First-class apartments in a new residential complex, Greece, Athens

From 306,000 €

Completion in: 2023 Floor areas: 87—132 m² Apartments in total: 9

Residential complex

Charming country house surrounded by a large park, Piazza Armerina, Sicily, Italy. Price on request

Charming country house surrounded by a large park, Piazza Armerina, Sicily, Italy

Price on request

Total area 250 m²Land area: 180,000 m²3 bedrooms3 bathrooms

Elegant stone house located in a large green park in Piazza Armerina, Sicily, Italy for 1,200,000 €

Elegant stone house located in a large green park in Piazza Armerina, Sicily, Italy

1,200,000 €1,500,000 €

Total area 1,100 m²Land area: 16,000 m²11 bedrooms11 bathrooms

Exclusive villa with a pool and sea views, Sicily, Italy for 1,440,000 €

With swimming pool

Exclusive villa with a pool and sea views, Sicily, Italy

1,440,000 €

Total area 300 m²Land area: 1,500 m²4 bedrooms7 bathrooms

2 months ago

Two-storey villa with a garden, a swimming pool and a parking in the prestigious residential area of Cerza, Sicily, Italy for 1,000,000 €

Two-storey villa with a garden, a swimming pool and a parking in the prestigious residential area of Cerza, Sicily, Italy

1,000,000 €

Total area 275 m²Land area: 1,000 m²4 bedrooms3 bathrooms

EU residence permit for purchase of real estate in Spain and Greece

Send a request, and we will tell you about the programme and show qualifying properties

Request conditions and listings

Ksenia Kolesnikova,

Client manager

Three-storey villa with a private access to the sea and a garage, Plemmirio, Italy. Price on request

With balcony/terrace

Three-storey villa with a private access to the sea and a garage, Plemmirio, Italy

Price on request

Total area 600 m²Land area: 2,500 m²5 bedrooms6 bathrooms

2 months ago

Marvelous villa with swimming pool in Valderice, Trapani, Sicily for 800,000 €

Sea view

Marvelous villa with swimming pool in Valderice, Trapani, Sicily

800,000 €

Total area 320 m²Land area: 1,000 m²3 bedrooms3 bathrooms

Villa on the bay of Portopalo di Menfi for 1,300,000 €

Next to the sea

Villa on the bay of Portopalo di Menfi

1,300,000 €

Total area 450 m²Land area: 3,000 m²6 bedrooms5 bathrooms

Two-storey furnished villa with a pool in Aci Sant'Antonio, Catania, Sicily, Italy for 850,000 €

Two-storey furnished villa with a pool in Aci Sant'Antonio, Catania, Sicily, Italy

850,000 €

Total area 300 m²Land area: 1,000 m²3 bedrooms3 bathrooms

Elegant villa with a swimming pool, surrounded by a lush garden, Floridia, Sicily, Italy for 600,000 €

Elegant villa with a swimming pool, surrounded by a lush garden, Floridia, Sicily, Italy

600,000 €800,000 €

Total area 215 m²Land area: 10,000 m²4 bedrooms2 bathrooms

Elite villa with a vineyard, an olive grove and mountain views, Palermo, Italy for 1,500,000 €

With balcony/terrace

Elite villa with a vineyard, an olive grove and mountain views, Palermo, Italy

1,500,000 €

Total area 1,405 m²Land area: 9,350 m²8 bedrooms

Spacious villa with a pool and sea views, Syracuse, Italy for 2,500,000 €

With swimming pool

Spacious villa with a pool and sea views, Syracuse, Italy

2,500,000 €

Total area 1,296 m²11 bedrooms

Renovated villa on the first line from the sea, Ispica, Sicily, Italy for 1,600,000 €

With balcony/terrace

Renovated villa on the first line from the sea, Ispica, Sicily, Italy

1,600,000 €

Total area 300 m²Land area: 700 m²4 bedrooms3 bathrooms

Three-storey villa with a terrace and a panoramic sea view, Siracusa, Italy for 495,000 €

Three-storey villa with a terrace and a panoramic sea view, Siracusa, Italy

495,000 €

Total area 509 m²Land area: 1,000 m²5 bedrooms4 bathrooms

Renovated villa with a swimming pool in a small residence on the sea, Augusta, Italy for 820,000 €

With swimming pool

Renovated villa with a swimming pool in a small residence on the sea, Augusta, Italy

820,000 €

Total area 240 m²Land area: 1,500 m²3 bedrooms3 bathrooms

Renovated historic estate with a guest house, a swimming pool and a large garden, Santa Croce Camerina, Italy for 980,000 €

Renovated historic estate with a guest house, a swimming pool and a large garden, Santa Croce Camerina, Italy

980,000 €

Total area 500 m²Land area: 80,000 m²9 bedrooms12 bathrooms

Historic estate with a large plot, a swimming pool and a park, Noto, Italy for 1,080,000 €

Historic estate with a large plot, a swimming pool and a park, Noto, Italy

1,080,000 €

Total area 900 m²Land area: 200,000 m²20 bedrooms13 bathrooms

Two-level apartment with a panoramic view of the sea in the historic center of the city of Syracuse, Italy for 1,550,000 €

Sea view

Two-level apartment with a panoramic view of the sea in the historic center of the city of Syracuse, Italy

1,550,000 €

Total area 430 m²5 bedrooms3 bathrooms

Ancient furnished villa with a vineyard, Catania, Italy for 1,600,000 €

With swimming pool

Ancient furnished villa with a vineyard, Catania, Italy

1,600,000 €

Total area 497 m²4 bedrooms

Castle – Campobello di Mazara, Sicily, Italy for 490,000 €

Castle – Campobello di Mazara, Sicily, Italy

490,000 €545,000 €

Total area 284 m²Land area: 17,000 m²6 bedrooms6 bathrooms

Beautiful villa with pool, Mediterranean garden and sea view, Syracuse, Italy for 980,000 €

With swimming pool

Beautiful villa with pool, Mediterranean garden and sea view, Syracuse, Italy

980,000 €

Total area 600 m²Land area: 3,000 m²8 bedrooms8 bathrooms

Independent villa on three levels dipped in the green, forehead sea, Termini Imerese, Palermo for 1,100,000 €

Independent villa on three levels dipped in the green, forehead sea, Termini Imerese, Palermo

1,100,000 €

Total area 871 m²Land area: 2,700 m²10 bedrooms11 bathrooms

Two-storey well-kept house with a garden and a parking in the center of Noto, Sicily, Italy for 400,000 €

With balcony/terrace

Two-storey well-kept house with a garden and a parking in the center of Noto, Sicily, Italy

400,000 €

Total area 320 m²Land area: 100 m²6 bedrooms5 bathrooms

Spacious villa with a terrace by the sea coast, Santa Croce Camerina, Sicily, Italy for 850,000 €

Sea view

Spacious villa with a terrace by the sea coast, Santa Croce Camerina, Sicily, Italy

850,000 €

Total area 350 m²8 bedrooms3 bathrooms

last page

1-25 of 82 listings, page 1 of 4

Property for sale in Sicily: apartments and houses

Cafes and restaurants

Shopping

Travel