SHARE
COPY LINK
For members

PROPERTY

The red flags to watch out for when buying an old house in Italy

Italy has no shortage of cheap properties for sale. But before you put down a deposit on a charming old ruin, look out for these warning signs that it's not such a bargain after all.

The red flags to watch out for when buying an old house in Italy
Photo: Tiziana Fabi/AFP

We’ve all perhaps been tempted by the idea of snapping up a cheap property in Italy, even if it’s abandoned and crumbling.

However, there are a number of red flags and potential ‘traps’ to be aware of before embarking on such an adventure, and not just when buying a one euro home.

READ ALSO: The cheap Italian properties buyers are choosing instead of one-euro homes

Usually the older the property is, and the longer it has been uninhabited, the harder it could be to land a safe purchase.

The uncertainty is not just tied to how much money fixing up a dilapidated property could actually cost you in the end. There are other risks as well. 

How many people really own the house?

Firstly, you need to make sure of the exact number of owners the building still has in order to have them all on board.

It may sound unbelievable to non-Italians, but it’s not unusual to find that even the smallest old properties are divided up between dozens of family members due to inheritance.

Thea Holowitz, from Romania, purchased a one-euro house in the Sicilian town of Mussomeli and found herself having to deal with 22 owners, who were all relatives and heirs to the same property.

“It’s been tough, I thought I was going out of my mind at first but then I took a deep breath, meditated a lot and understood all I had to do was talk to each single one in person, through the help of the town hall, and make sure all 22 accepted to sell their share of the building, and that they were all OK with selling it for just one euro”, she says.

According to Italian law, if a property is owned for instance by 50 different heirs each must agree on the sale, otherwise it’s a no-go.

READ ALSO: Italian property problems: Why do ten strangers own my bathroom?

And as it often happens in Italy, bickering relatives are part of the scenery: one might refuse the sale just out of spite. 

Buyers must therefore make sure that the sale is transparent and involves all interested parties in order to avoid the risk of an unknown heir popping up in future to claim the sold property.

Mussomeli mayor Toti Nigrelli says it is quite a “normal procedure having to negotiate the sale with multiple owners” – distant cousins, relatives, nephews – who are often not on good terms. 

Other towns in Italy have failed in selling old abandoned homes because heirs would not agree to the sale of their crumbling family property – or on the sale price.

The passage of time is what gives these homes so much appeal – but it also causes problems. Photo: CHRISTOPHE SIMON / AFP

In deep rural central Italy. Interested buyers may go knocking on the door of each heir’s house asking to buy their tiny share so they can snap up the old family estate or stable to turn into a B&B. 

The best way to track down the heirs, or current owners, is through the town hall offices who have a list of the properties within their territory.

Illegal builds and prior debts

There are other slippery issues to be aware of. Before deciding to buy a cheap old rural estate near Rieti, in Lazio, Australian Patrick Smith did extensive research aimed at avoiding any potential traps that could hamper the purchase.

“There are issues few people, particularly foreigners, know about when they decide to buy an old property in Italy,” says Smith.

“For example, making sure the house is clear of prior debts, which may include a pending mortgage the old owners stopped paying and which will now have to be paid by the new owner.”

OPINION: Bargain homes and fewer crowds – but Italy’s deep south is not for everyone.

It is crucial to request an updated house plan from the local town hall in order to avoid facing a ‘condono’, which is a fine paid to legalize structural changes to the house which the former owners did not take care of.

“In my case the former owners had slightly changed the inside, removed a wall to create two adjacent rooms, but luckily they had already paid and settled the building amnesty”, says Smith.

Italian towns regularly launch amnesties on illegal building work to allow people who own a house to legalize any changes to their homes which they have not previously asked permission, by paying a fine. The amount depends on the square meters involved. 

In the worst case scenario, when structural changes made by former owners are not ‘legalized’ and are significant, like having added an additional floor, terrace or balcony without communicating these ‘fixes’ to the town hall, the sale could be blocked and the interested buyer would have to give up on his dream.

“Bottom line, you could end up spending unexpected sums of money to legalize changes made by previous owners without a building permit, even if decades have passed,” says Smith.

The passage of time may give old Italian homes their fascinating appeal, but it also causes problems. 

READ ALSO:

Smith warns potential buyers who have set their hearts on a particular property to make sure that the former owners, who perhaps now no longer live in it, did not cause any damage to the nearby buildings which would then have to be paid for by the new owner.

“Italian villages tend to be very old and it’s common that bathroom or kitchen water pipes may crack, flooding the adjacent house, or bits of the roof can crumble down onto the neighbors’ roof, partly destroying it”, says Smith.

Therefore before signing the purchase deed new buyers must enquire about any damages to third parties caused by the previous owners – or simply due to neglect and time – and which should be settled by the heirs before the sale.

Member comments

Log in here to leave a comment.
Become a Member to leave a comment.
For members

PROPERTY

Revealed: The most expensive places in Italy to buy a house in 2022

Many factors are at play when deciding where to purchase a home in Italy. To help you decide, here are the most expensive and sought-after locations in Italy, according to the latest data.

Revealed: The most expensive places in Italy to buy a house in 2022

Searching for the right property in Italy involves a balancing act of location, price, convenience and how much, if any, restoration work needs to be done.

Budget usually tops the list for house-hunters, narrowing down the number of potentials for making your move to or within Italy.

If the entire country is your blank slate, here are the areas in Italy that rank as the most expensive – and desired – according to data from property portal Idealista for the first quarter of 2022.

The report ranks the top 100 municipalities according to popularity, based on those listings generating the most leads (email contacts and shares) and those where the average final sale price is highest.

READ ALSO: How bargain homes made one Italian town €100 million in two years

Taking the top spot for the most expensive place to buy in Italy is Pietrasanta in Versilia, in the province of Lucca, which the researchers also state holds first place in the top 100 most expensive places to rent a house too.

This area includes the playground of the rich, Forte dei Marmi, where the average selling price of a house is over half a million euros (€541,351).

The table below shows the full ranking.

In second place is Alassio, in the province of Savona, where homebuyers will on average shell out €467,019 for a residential property (again, valid for the first quarter of 2022).

Venice comes in at third place, where the average asking price is €433,640.

READ ALSO: EXPLAINED: The hidden costs of buying a home in Italy

In the top 10 spots, the report noted that the most expensive properties are in tourist resorts, possibly driven by those wanting second homes in popular locations.

Such locations include Lerici, Riccione, Desenzano del Garda, Camaiore and Cervia, while the cities of Florence and Milan, where average sale prices exceed €350,000, have also made the top 10.

The study revealed that the final average price of a house for sale in Rome is €273,341.

Researchers also looked at popularity of locations, based on pressure of demand on supply across Italy.

Bologna topped the charts, making it the city with the highest number of contacts per advert (4.7) of houses for sale published on idealista. Cagliari followed in second with 3.8 contacts per advert and Milan (3.4 contacts per advert). Trieste, Naples, Rome, Salerno, Brescia, Verona and Lecce also made the top 10.

READ ALSO: 15 insider tips to make living in Bologna even better

Here’s a selection of the most popular places to buy in Italy based on the report data, narrowed down to the top 20.

See more in The Local’s Italian property section.

SHOW COMMENTS