Are you going to permanently
Submitted by Gala Placidia on Tue, 04/05/2016 - 14:43In reply to A newbie all over again! by Annec
It would be a holiday
Submitted by Meredith Stedman on Wed, 04/06/2016 - 08:20In reply to Are you going to permanently by Gala Placidia
Annual Property taxes are
Submitted by modicasa on Wed, 04/06/2016 - 01:19In reply to A newbie all over again! by Annec
Annual Property taxes are much lower in Italy than in the States, but the taxes payable on purchase are higher - but they are a one-off charge. As Gaia says things change alot if you are planning to live here full time, or whether its a holiday home. Rubbish collection is calculated on your square footage, so the bigger the house the more you pay. Your other taxes are payable on the rateable value of the property. Utilities -electricty and water are not cheap. Gas is not widely available.
Thanks for that! That was
Submitted by Meredith Stedman on Wed, 04/06/2016 - 08:24In reply to Annual Property taxes are by modicasa
Thanks for that! That was also another question of mine - utilities. It would be a holiday apartment/flat, maybe with potential to rent out during the busy season. That's down the road though. Our water in the suburb of Detroit is about $200 every 3 months and electrical is probably about $150 each month for a 1,000 sq foot single family home. In comparison to that, what are we looking at roughly? The apartment is about 75-80 meters sq. Thank you so for your reply!
Speaking about utilities I
Submitted by Danika on Wed, 04/06/2016 - 02:52In reply to A newbie all over again! by Annec
Do utilities vary in price
Submitted by Meredith Stedman on Wed, 04/06/2016 - 08:25In reply to Speaking about utilities I by Danika
Oh no I meant given that in
Submitted by Danika on Wed, 04/06/2016 - 14:44In reply to A newbie all over again! by Annec
Oh no I meant given that in the north the heating must stay on quite a lot more compared to warmer southern regions it will mean more money, I think it may vary slightly in prices but not that much, there's this supposed mercato libero 'free market' which is fuelling a lot of competition amongst gas/energy providers so prices should stay somehow competitive, hopefully.
Property tax, or IMU in Italy
Submitted by locreusa on Sat, 01/14/2017 - 14:09In reply to A newbie all over again! by Annec
Property tax, or IMU in Italy is very low compared to prop tax in most US states. Expect to pay a few hundred euro per year, depending on what value of your property and the comune you live in. Utilities are high, but the climate is mild, so you don't use much, at least in many area, including Como. Gas is expensive to heat with, so most Italians (and thrifty expats) heat with wood or pellets. Good luck and ciao, Tom