How much does it cost to buy a house in Treviso? Surely browsing through the various real estate ads published on the net can help you get a first idea.The first approach is therefore marked, in addition to the place and type of house, by a general budget that guides the research. The figure intended for the value of the property, however, is not the only one when buying a house. A series of additional items must be calculated and added to the total budget. Let's see the main ones.
HOW MUCH DOES IT COST TO BUY HOME: THE NOTARY
To purchase a property in Italy, the involvement of a notary is required, who has the task of carrying out all the necessary compliance checks relating to the property and characteristics of the property. The notary presides over the sales contract and takes care of its registration, as well as the payment of taxes related to the sale itself. The notary's fee includes both taxes and fees. The latter is calculated based on tables of the Ministry of Justice and varies according to the value of the property.
HOW MUCH DOES IT COST TO BUY HOME: TAXES
Even if the notary pays them, the buyer must still understand the tax expenses in the budget to buy a house. There are significant differences in the amount to be paid if the property is a first or second home, and if it is purchased from a private individual or from a company subject to VAT. For the purchase of the first home, the registration tax is 2%, while the mortgage tax and the cadastral tax have a fixed value of 50 euros. If it is a second home purchase, the registration tax goes to 9% and the other taxes go to 200 euros. If you buy your first home from a company subject to VAT, the value added tax is 4% of the value of the house, to which are added the registration tax, the fixed mortgage tax and the cadastral tax fixed, all of 200 euros. If the purchase is instead of a second home, the VAT goes to 10 '% (22% in the case of luxury category properties) while the other taxes remain at 200 euros.
HOW MUCH DOES IT COST TO BUY A HOME: MORTGAGE EXPENSES
Who buys a house in Treviso as elsewhere by making use of a bank loan, must also calculate other expenses to be made. To take out a mortgage at the bank, in fact, it is necessary to consider the costs of the investigation, the appraisal of the property carried out by a technician of the institution, the cost of the substitute tax (a percentage of the amount paid). These expenses are usually withheld when the mortgage is disbursed. The loan deed itself must be stipulated with the notary as the purchase deed and has an additional cost.
HOW MUCH DOES IT COST TO BUY A HOME: INSURANCE
Insuring your home is an act of responsibility. Some policies are mandatory if you want to take out the mortgage, such as fire insurance, which depends on the value of the property and the duration of the mortgage. To this can be added voices that protect against theft, electrical damage, which protect the furniture and of course people.
HOW MUCH DOES IT COST TO BUY HOME: INTERMEDIATION
The brokerage fee includes a series of expenses, often little known, but essential for the success of the sale, such as expenses related to the image of the property, the promotion and advertising of the same, the management of visits and an indispensable know-how in the search for the best solution for those preparing to buy a house.
If you are really considering the idea of buying a house, choose well the Treviso real estate agency to rely on.