When a purchase proposal for a real estate property is signed and accepted, it becomes necessary to ensure that the sales contract is correctly registered.To complete the registration procedure it is important to fill in the Modello RAP, a form that allows you to forward the request to the Italian revenue agency Agenzia delle Entrate.The Form Modello RAP can be downloaded directly from the Agenzia Delle Entrate website, and is made up of several sections. Specific data on the signed contract must...
Venice is undeniably a unique city, not least because of how its residents and visitors must navigate its collection of 118 islands. It is completely closed off to vehicular traffic, so you are left with two options to get around: either go by foot or use any of the available boat services connecting every part of the city. While wandering the labyrinth of tiny streets and calli is an inherent part of the city’s charm, it can be tiring and may also prove challenging, seeing as there are well over...
The Sestiere of San Marco has played a crucial role in the city of Venice since its very foundation. It is connected to the north by the Grand Canal; to the south, the Piazza looks out over the Venetian Lagoon, by the basin of San Marco; to the west by the Rio del Palazzo; and to the east by the Rio de San Zulian. The sestiere (the Venetian term used to refer to the city’s districts) is bordered to the north by the sestiere of Cannaregio and to the east by the sestiere of Castello, while it connects...
For centuries, Venice has been an international hub for art and culture, attracting talented artists and collectors from across the globe. With its strategic position, it sits at a geographic and cultural crossroads between East and West which has led to its hosting of some of the most relevant and important celebrations of art anywhere in the world. The city continuously expands its influence in these spheres; famous figures have invested in Venice in the past to establish cutting-edge collections...
What exactly is a piano nobile? Quite simply, it is an expression typically used in reference to the floor of a villa rather than a Renaissance palace. It was customary for one floor of the noble palace, usually the first floor, to be the one where the noble family that owned the building typically resided. It was consequently the one with the best decorations and was also used for receiving guests. The term “piano nobile” refers to a part of a historic residence, such as a palace, mansion,...
Buying property in Italy is a relatively straightforward process which goes smoothly if done in collaboration with a licensed real estate partner like Ravagnan’s | Forbes Global Properties. Buyers must also hire technical advisors to perform the necessary inspections on properties. When the formal proposal with deposit is accepted, it becomes a legally binding contract and the preliminary contract can then be drafted. This does not transfer the property yet, but rather sets out all the details of...
A.P.E. is a document that contains important information about a home from the energy performance point of view and provides a description of the characteristics of the apartment according to a 10-letter scale. These letters, assigned in a range between A4 and G, represent the energy efficiency of the property and are accompanied by a numerical value expressed in kWh/m2 per year. This document must be obtained by the owners by appointing a qualified technician, called a certifier, who will carry...
With the entry into force of Law 9 August 2023 n. 111 the Italian tax system will see some innovations, including corrections and additions. The objective is to move towards a single tax rate with regards to IRPEF, through a rearrangement of the income brackets also in relation to the personal characteristics of the subjects. The enabling law also provides for a rationalization of VAT, together with measures aimed at strengthening the collaborative compliance regime for those activities characterized...
Before definitively deciding to list your property up for sale, it is advisable to check that you have all the documents necessary to provide exhaustive information about it. Getting everything can take time, and some of the essential documentation can be difficult to read. Here is some information that can help distinguish two important characteristics that a property should have before being listed on the market: Urban Compliance: The property must have a title that demonstrates the...
In the Italian legal system, the notary is a figure who has multiple tasks, including transcribing deeds and preserving purchase deposits. When you are ready to conclude a real estate sale, he is the public official to contact to transcribe the final deed into the public registers. Before agreeing to complete the deed of sale, the notary carries out fundamental checks on the state of the property, seeking information relating to the cadastral sphere and the mortgage situation. However, it is...
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