- Area
- 392 m²
- Bedrooms
- 5
- Bathrooms
- 4
Description
Luxurious penthouse with 5 bedrooms in Fuengirola, Spain
Characteristics
- Property type
- Residential Properties
- Object type
- Penthouse
- Price
- 742 427 $
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 Mantua; 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 Mantua 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 (742 427 $) 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 Mantua: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
