Buying real estate in Italy: exploring the market

Sergey from the city of Rostov-on-Don about buying an apartment in Ospedaletti, Italy

Sergey remembered that the deposit was around €3000 or €5000. The payment for the condominium was €2000 per month, which is expensive for Italy, butSergei is sure that the housing is worth it.

Description of the apartment and surroundings

Italy has always been a vacation spot for them. Realtor Azzaroff, who represented the Russian real estateagency, noted the uniqueness of the apartment and its amenities. Sergey described the accommodation as an ordinary two-room apartment with a sea view and a large loggia.

• The apartment is located almost on the first line; they can reach the beach in just a few minutes.
• The residential complex has a closed territory with a park, swimming pool, tennis court and parking.

Details of the deal and the condition of the apartment

Sergey clarified that the apartment cost them about €300,000. The complex was built in the late 70s - early 80s, and the apartment is in excellent condition thanks to a good renovation. They bought the apartment from the owner; it was in very good condition, with quality furniture and finishes. They only purchased a few small items to give the apartment their own style.

Searching for and choosing an apartment

Sergey and his wife reached out to various real estate agencies in search of housing. Azzaroff helped them find this apartment, which fully met their requirements.Sergei is convinced that Italy was the right choice for them.

Real estate search

Potential clients informed the agency of their intention to come for a property viewing on a specific date with the aim of possibly purchasing a home. They did not want to waste time on properties that did not suit them, so it was necessary for them to determine their preferences in advance. They found it difficult to articulate a clear understanding of what they were looking for, as they liked both sea views and the absence of such. Despite the attempts of two other agencies to decline the deal, the clients decided to work only with one agency that demonstrated a more responsible approach.

Purchase and conclusion of the deal

Their search ended when they found an apartment on the outskirts of the city, located on a gated with its own park, swimming pool and sea view - everything they wanted. At this point.

Purchase of real estate in Sardinia in November 2016

This month marked the beginning of a long-awaited process that we had been preparing for. Although the deal was scheduled for January 2017, everything was prepared and checked by lawyers in advance.

Payment and price agreement

We used our own funds and did not need to apply for a loan. The price was agreed upon with the sellers after our negotiations.

Agent assistance and helpful tips

The agent not only helped with choosing the property but also shared useful advice. For example, he informed us about road traffic and the characteristics of the houses, such as seismic resistance. He also advised us on future maintenance costs.

Expenses for maintenance and future desires

We spend less time in the apartment than we would like, but we hope to change that. The maintenance costs are about €2000 per month for the condominium and around €150 per month for electricity. This purchase was made possible thanks to careful planning and the help of the agency, and we are confident that this investment will pay off in the long run.

In conclusion

I would like to mention that the process of buying an apartment in Italy was amazing and exciting for us. My wife and I searched for a long time for the perfect apartment that would meet all of our requirements, and we finally found it in Ospedaletti.

Despitethe high cost of the apartmentand the monthly expenses for the condominium, we are confident that this complex is worth the money. It was important to find a place with a beautiful sea view, close proximity to the beach, and a cozy atmosphere - and we found all of that here.

Collaboration with the agency Azzaroff – Studio Immobiliare Russo

Cooperation with the agencyAzzaroff – Russian Real Estate StudioIt was very productive; they really listened to our wishes and helped us find the perfect place to live. We are happy with our choice and are confident that we will spend many bright and unforgettable moments here.