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 apartment 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 Tuscany?

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 apartment 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 an apartment in Tuscany?

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 an apartment?

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 apartment in Tuscany?

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 in Tuscany?

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 Tuscany?

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.

Apartments for sale in Tuscany, Italy at a price of 55,000 €

Three bedroom apartment near the beach in Livorno, Tuscany, Italy for 420,000 €

With balcony/terrace

Three bedroom apartment near the beach in Livorno, Tuscany, Italy

420,000 €

Total area 105 m²3 bedrooms2 bathrooms

105 m², 3 bedrooms, apartment

Livorno, Tuscany, Italy

2 floor of 2

420,000 € 4,000 € per m²

We are offering the apartment in a small building with an elevator, garden, garage and utility room on the basement... Read more

Luxury apartment in a historic building with a gym and a spa, Impruneta, Italy for 540,000 €

With balcony/terrace

Luxury apartment in a historic building with a gym and a spa, Impruneta, Italy

540,000 €

Total area 125 m²2 bedrooms2 bathrooms

125 m², 2 bedrooms, apartment

Impruneta, Tuscany, Italy

2 floor of 3

540,000 € 4,320 € per m²

We offer different apartments in a building that is a former convent dating back to the 15th century. The three-storey... Read more

Residence permit

New apartments with sea views in Nice, Cote d'Azur, France

410,000 €

2 bedrooms 1 bathroom

Apartment – Siena, Tuscany, Italy for 784,000 €

With balcony/terrace

Apartment – Siena, Tuscany, Italy

784,000 €

Total area 139 m²2 bedrooms3 bathrooms

139 m², 2 bedrooms, apartment

Siena, Tuscany, Italy

1 floor of 4

784,000 € 5,640 € per m²

MEDIUM/ LONG TERM INVESTMENT: Gorgeous and exclusive apartment, beautifully renovated and with unique views of the green... Read more

Apartment – Siena, Tuscany, Italy for 1,500,000 €

With balcony/terrace

Apartment – Siena, Tuscany, Italy

1,500,000 €

Total area 391 m²5 bedrooms4 bathrooms

391 m², 5 bedrooms, apartment

Siena, Tuscany, Italy

1,500,000 € 3,836 € per m²

Apartment for sale of 390 m² in the historic centre of Siena, conveniently located on the ground floor of a fine building... Read more

Apartment – Siena, Tuscany, Italy for 385,000 €

Garden view

Apartment – Siena, Tuscany, Italy

385,000 €

Total area 115 m²3 bedrooms2 bathrooms

115 m², 3 bedrooms, apartment

Siena, Tuscany, Italy

385,000 € 3,347 € per m²

In the lovely countryside just 4,5 km from Siena, apartment for sale of 163 m² within a prestigious condo with two... Read more

Apartment – Colle di Val D'elsa, Tuscany, Italy for 590,000 €

With balcony/terrace

Apartment – Colle di Val D'elsa, Tuscany, Italy

590,000 €

Total area 164 m²4 bedrooms3 bathrooms

164 m², 4 bedrooms, apartment

Colle di Val D'elsa, Tuscany, Italy

590,000 € 3,597 € per m²

Gorgeous apartment within a finely restored villa built in 1780, subject to the constraint of the Superintendent of Siena... Read more

Elite apartment with a terrace, a loggia, a garden and city views, in the heart of the city, Siena, Tuscany, Italy for 1,900,000 €

With balcony/terrace

Elite apartment with a terrace, a loggia, a garden and city views, in the heart of the city, Siena, Tuscany, Italy

1,900,000 €

Total area 632 m²5 bedrooms4 bathrooms

632 m², 5 bedrooms, apartment

Siena, Tuscany, Italy

1 floor of 4

1,900,000 € 3,006 € per m²

Comfortable apartment with a high-quality finish, a stucco work, frescoes, a spacious terrace, a loggia, a well-kept... Read more

Apartment – Siena, Tuscany, Italy for 590,000 €

Apartment – Siena, Tuscany, Italy

590,000 €

Total area 167 m²4 bedrooms5 bathrooms

167 m², 4 bedrooms, apartment

Siena, Tuscany, Italy

6 floor of 7

590,000 € 3,532 € per m²

Bright and panoramic apartment of 167 sqm, located on the 6th floor (top floor) of a historic building served by elevator... Read more

Apartment – Punta Ala, Tuscany, Italy for 370,000 €

With balcony/terrace

Apartment – Punta Ala, Tuscany, Italy

370,000 €

Total area 52 m²1 bedroom1 bathroom

52 m², 1 bedroom, apartment

Punta Ala, Tuscany, Italy

1 floor of 3

370,000 € 7,115 € per m²

Bright apartment of 52 m² with gorgeous views of the exclusive port of Punta Ala from the lovely veranda, with private... Read more

Apartment – Siena, Tuscany, Italy for 480,000 €

With balcony/terrace

Apartment – Siena, Tuscany, Italy

480,000 €

Total area 160 m²6 bedrooms2 bathrooms

160 m², 6 bedrooms, apartment

Siena, Tuscany, Italy

480,000 € 3,000 € per m²

Bright apartment with 9 rooms and balcony, for sale in one of the oldest streets of the historic center of Siena. Set... Read more

Apartment – Siena, Tuscany, Italy for 360,000 €

With balcony/terrace

Apartment – Siena, Tuscany, Italy

360,000 €

Total area 105 m²3 bedrooms2 bathrooms

105 m², 3 bedrooms, apartment

Siena, Tuscany, Italy

360,000 € 3,428 € per m²

In a residential area a few minutes by car from Siena, nicely finished apartment set on the ground floor of a small... Read more

Apartment – Siena, Tuscany, Italy for 3,800,000 €

Apartment – Siena, Tuscany, Italy

3,800,000 €

Total area 244 m²3 bedrooms2 bathrooms

244 m², 3 bedrooms, apartment

Siena, Tuscany, Italy

3,800,000 € 15,573 € per m²

Noble residence with views of the renowned square ”Piazza del Campo“. The property is spread on several levels, with... Read more

Apartments with various convenient layouts and terraces in a modern residence with a parking and restaurants, 100 m from the sea, Tirrenia for 440,000 €

Sea view

Apartments with various convenient layouts and terraces in a modern residence with a parking and restaurants, 100 m from the sea, Tirrenia

440,000 €

Total area 79 m²2 bedrooms2 bathrooms

79 m², 2 bedrooms, apartment

Tirrenia, Tuscany, Italy

3 floor of 3

440,000 € 5,569 € per m²

We offer different apartments in finished condition with areas from 39 m² to 105 m² in a three-storey residential complex... Read more

Spacious penthouse with a panoramic sea view and a terrace in a modern residence with an underground parking, 100 m from the sea, Tirrenia. Price on request

Sea view

Spacious penthouse with a panoramic sea view and a terrace in a modern residence with an underground parking, 100 m from the sea, Tirrenia

Price on request

Total area 105 m²3 bedrooms2 bathrooms

105 m², 3 bedrooms, penthouse

Tirrenia, Tuscany, Italy

Price on request

We offer different apartments in finished condition with areas from 39 m² to 105 m² in a three-storey residential complex... Read more

Sea view

Apartments with terraces in a premium residential complex with a swimming pool, 200 meters from the sea, Tirrenia, Italy

Price on request

Total area 120 m²3 bedrooms2 bathrooms

120 m², 3 bedrooms, penthouse

Tirrenia, Tuscany, Italy

Price on request

We offer apartments of two types: flats of 70 m² on the third floor featuring a parking space and two-level penthouses... Read more

Furnished apartment in a residence with a pool and a garden, Cetona, Italy for 900,000 €

Furnished

Furnished apartment in a residence with a pool and a garden, Cetona, Italy

900,000 €

Total area 222 m²Land area: 1,000 m²3 bedrooms

222 m², 3 bedrooms, apartment

Cetona, Tuscany, Italy

1 floor of 3

900,000 € 4,054 € per m²

Two-storey apartment in the historic center of Ceton. The apartment has a terrace, an old stove and a small guest apartment... Read more

Two-level apartment with an independent entrance, a garden and a swimming pool in a luxury restored castle with vineyards, Siena, Italy for 2,800,000 €

With balcony/terrace

Two-level apartment with an independent entrance, a garden and a swimming pool in a luxury restored castle with vineyards, Siena, Italy

2,800,000 €

Total area 330 m²Land area: 400 m²4 bedrooms4 bathrooms

330 m², 4 bedrooms, apartment

Siena, Tuscany, Italy

1 floor

2,800,000 € 8,484 € per m²

We offer an apartment on the ground and the first floors of the east wing of a castle dating back to the 16th century.... Read more

Luxury apartment with a garden in a new residential complex, San Casciano dei Bagni, Italy for 550,000 €

Furnished

Luxury apartment with a garden in a new residential complex, San Casciano dei Bagni, Italy

550,000 €

Total area 174 m²2 bedrooms2 bathrooms

174 m², 2 bedrooms, apartment

San Casciano dei Bagni, Siena, Tuscany, Italy

3 floor

550,000 € 3,160 € per m²

Apartment in a luxury residential complex in Tuscany. The complex was reconstructed by Florentine architects and includes... Read more

Furnished apartment with a view of the valley, San Casciano dei Bagni, Italy for 550,000 €

Furnished

Furnished apartment with a view of the valley, San Casciano dei Bagni, Italy

550,000 €

Total area 133 m²2 bedrooms2 bathrooms

133 m², 2 bedrooms, apartment

San Casciano dei Bagni, Siena, Tuscany, Italy

2 floor

550,000 € 4,135 € per m²

Apartment in a luxury residential complex in Tuscany. The complex was reconstructed by Florentine architects and includes... Read more

Bright apartment in a residential complex with a pool and a garden, San Casciano dei Bagni, Italy for 575,000 €

Furnished

Bright apartment in a residential complex with a pool and a garden, San Casciano dei Bagni, Italy

575,000 €

Total area 179 m²2 bedrooms2 bathrooms

179 m², 2 bedrooms, apartment

San Casciano dei Bagni, Siena, Tuscany, Italy

3 floor

575,000 € 3,212 € per m²

Apartment in a luxury residential complex in Tuscany. The complex was reconstructed by Florentine architects and includes... Read more

Exclusive apartment in a residence with a pool, San Casciano dei Bagni, Italy for 520,000 €

Furnished

Exclusive apartment in a residence with a pool, San Casciano dei Bagni, Italy

520,000 €

Total area 169 m²2 bedrooms2 bathrooms

169 m², 2 bedrooms, apartment

San Casciano dei Bagni, Siena, Tuscany, Italy

2 floor

520,000 € 3,076 € per m²

Apartment in a luxury residential complex in Tuscany. The complex was reconstructed by Florentine architects and includes... Read more

Comfortable apartment with a garden in a residence with a pool, Grosseto, Italy for 540,000 €

Furnished

Comfortable apartment with a garden in a residence with a pool, Grosseto, Italy

540,000 €

Total area 304 m²Land area: 200 m²2 bedrooms

304 m², 2 bedrooms, apartment

Grosseto (city), Province of Grosseto, Tuscany, Italy

1 floor of 1

540,000 € 1,776 € per m²

Apartment in a gated community with a swimming pool. The apartment has a garden of 200 m², an outdoor gazebo with a stone... Read more

Furnished apartment with a terrace, San Casciano dei Bagni, Italy for 520,000 €

Furnished

Furnished apartment with a terrace, San Casciano dei Bagni, Italy

520,000 €

Total area 137 m²2 bedrooms2 bathrooms

137 m², 2 bedrooms, apartment

San Casciano dei Bagni, Siena, Tuscany, Italy

2 floor

520,000 € 3,795 € per m²

Apartment in a luxury residential complex in Tuscany. The complex was reconstructed by Florentine architects and includes... Read more

Luxury apartment with mountain views in the historic center of Cetona, Italy for 900,000 €

Furnished

Luxury apartment with mountain views in the historic center of Cetona, Italy

900,000 €

Total area 610 m²3 bedrooms

610 m², 3 bedrooms, apartment

Cetona, Tuscany, Italy

1 floor of 1

900,000 € 1,475 € per m²

Apartment in the historic center of Ceton in Tuscany. The entire length of the building has open terraces with exotic... Read more

Elite apartment with a spacious terrace and sea views, Grosseto, Italy for 980,000 €

Furnished

Elite apartment with a spacious terrace and sea views, Grosseto, Italy

980,000 €

Total area 165 m²3 bedrooms

165 m², 3 bedrooms, apartment

Grosseto (city), Province of Grosseto, Tuscany, Italy

1 floor of 1

980,000 € 5,939 € per m²

Apartment by the sea in Tuscany. The residential complex offers a swimming pool, garage, garden.

Apartments for sale in Tuscany

FAQ about Tuscany