Penthouse. Free in an elegant context of great historical value, with a concierge all day magnificent house of exclusive charm, approximately 120 sq.m. Very bright and quiet consisting of entrance hall, beautiful living room, very versatile environment with triple living room and large kitchen area. Sleeping area with 2 bedrooms with double beds, 2 bathrooms, laundry room and balcony. Basement. Renovated house with high-level finishes. Modern equipment and technical installations. New designer furniture complements the interior. 1,150,000.00 euros. Class G. Penthouse in the Santa Maria delle Grazie area. In an elegant historic area with a permanent concierge, a magnificent apartment with exclusive charm, covering 120 sq.m. Very bright and quiet entrance hall, magnificent living room, very versatile environment with triple living room and large kitchen. Sleeping area with 2 bedrooms with double beds, 2 bathrooms, laundry room and balcony. Basement. Renovated house with high-quality finishes. Latest technical equipment and systems. Property furniture complements the design. Euro 1,150,000 John Taylor Elite Real Estate since 1864 Branches in Milan: Via Aurelio Saffi, 26 Via Senato, 45 tel. +39 02 4819 9464 John Taylor Agencies: AIX-EN-PROVENCE - CANNES - DOHA - GSTAAD - LAUSANNE - LISBON - MADRID CHAMARTIN - MADRID SALAMANCA - MILAN - MONACO - PARIS - ST JEAN CAP FERRAT - ST PAUL DE VENCE - ST TROPEZ - TUSCANY - VALBONNE - VERBIER John Taylor- SAFFI John Taylor Milan Agency, located in
Characteristics
Property type
Residential Properties
Object type
Flat
Price
1 296 807 $
FAQ
How can I get a residence permit by buying property in Italy?
In Italy a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Milan; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Italy?
Banks in Italy finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Italy?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Italy?
A title search at the land registry of Italy takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Italy?
Yes. Rental income tax is 5–25% depending on the regime. In Milan short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (1 296 807 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Italy?
A typical transaction runs 30–90 days, averaging 45 in Milan: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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