Longhinghana Residence is a luxurious farmhouse dating back to the 17th century, once owned by the aristocratic Borromeo family of bankers. The house has recently undergone an extensive renovation, carefully preserving its original structure and character, and incorporating the latest modern amenities and high quality materials and finishes. The mansion is 780 square meters in size and features 16 rooms, 9 bedrooms and 8 bathrooms, as well as a private park of 1,500 square meters. Upon entering the mansion you are greeted by a beautiful marble staircase leading to the top two floors. On the first floor there are three spacious living rooms with fireplaces and a spacious kitchen, illuminated by six French doors with grilles. A restroom is also located here. The second floor is divided into two areas: the right wing has two bedrooms, one with fireplace, 2 bathrooms and a dressing room; the left wing has two bedrooms with fireplaces, a bathroom and a storage room. The upper floor has a loft with a study-living room, 3 bedrooms and 2 bathrooms. In the basement there is a boiler room, two refrigeration rooms, kitchenette, storage, spacious pantry and a double garage directly connected to the villa. In the garden there is parking for three cars. The house is equipped with elevator, independent heating and air conditioning with heat pump. Longhignana Residence is equipped with a central concierge service and is only 15 minutes away from the house.
Characteristics
Property type
Elite
Object type
Villa
Price
2 726 115 $
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 (2 726 115 $) 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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