Closing the Deal: Notary Fees, Taxes, and Hidden Costs for Foreigners
Key Takeaways
- 👉 Taxes and notary fees.
- 👉 Legal and mortgage checks.
- 👉 Deed timing.
This guide gets practical about Closing the Deal: Notary Fees, Taxes, and Hidden Costs for Foreigners, highlighting what to verify before decisions and what to avoid on site.
1. Taxes and costs
Property purchases in Italy include taxes that vary for residents and foreigners. Notary fees include professional charges and indirect taxes. A full cost picture is required before signing. Tax surprises can break the budget. A realistic calculation avoids issues. Closing costs are more than the purchase price.
2. Legal checks
The notary verifies title and mortgages. Easements and restrictions must be checked. Irregularities must be resolved before signing. Legal due diligence reduces future risk. Checks can take time. Legality is the foundation of the deal.
3. Timing and planning
Deed timing depends on document completeness. Missing documents prevent signing. Foreign buyers must plan tax codes and powers of attorney. Early planning avoids delays. Scheduling must align all parties. Closing is a process, not a moment.