Engel & Völkers Licence Partner Venice > Blog > Houses for sale in venice: how to deduct real estate brokerage costs and how much to save

Houses for sale in venice: how to deduct real estate brokerage costs and how much to save

With the deduction of real estate brokerage costs, buying houses in Venice is even cheaper.

Let yourself be enchanted by the timeless charm of houses for sale in venice is really a matter of a moment. For those looking for the first time on the real estate market of the Serenissima in search of the home of his dreams it may not be easy to juggle the many proposals to be evaluated and the many obligations required for the stipulation of the deed of sale.

Thanks to the provisions of the Tuir, today it is possible to save on the purchase of the first home, benefiting from the deduction of the costs of real estate brokerage, without having to renounce to a qualified support like that of your agency Engel & Volkers Venezia.

Here's how and who can benefit from these deductions.


The best way to fully experience the magic of the lagoon city is to buy one of the many houses for sale in Venice in the Laguna or Lido area: apartments with canal views or splendid luxury properties can become the perfect choice for those who want to live in one of the places that the whole world envies us.

Buy house in venice with the mediation of an agency involves a series of expenses that can scare the prospective buyer or seller. However, the legislator has provided for a series of income tax deductions relating to the house that allow savings on the intermediary's commissions. According to Article 15, paragraph 1, letter b-bis, of the 'Tuir', it is in fact possible to deduct, from the gross tax, an amount, equal to 19%, of the fees paid to subjects of real estate brokerage "depending on the purchase of the unit real estate to be used as principal residence, for an amount not exceeding € 1,000 for each year. "


Once the possibility of deducting the brokerage expenses in the hypothesis of purchase of houses for sale Venice to be used as principal residence is established, it remains to understand who the beneficiaries are. Specifically, this deduction is up to the tax payer who sustains the expense, provided that the relative amount is indicated in the deed of transfer of the property.

The law provides that, at the time of stipulation of the deed of sale of the property, the parties disclose the methods of payment of the consideration due to the intermediary, specifying:

• that a mediator has been used, indicating all the identification data;

• the tax code or VAT number;

• the registration number for the role of mediation business agents and the Chamber of Commerce, Industry, Crafts and Agriculture of reference for the owner or for the legal representative or mediator who worked for the same company;

• the amount of expenditure incurred for this activity and the related payment methods.

The deduction is also provided for the purchase of other real rights such as the usufruct, again provided that the property is used as a principal residence.


The opportunity offered by the legislator to become owners of Venice sales houses is subject to specific limits of deductibility.

The deduction, in fact, can be applied to an amount not exceeding 1,000 euros and this deductibility ends in a single tax year. If the purchase is made by more than one owner, the deduction will also be calculated within the same spending limit, but must be shared among the co-owners based on the ownership percentages, even if the invoice is registered to a single co-owner.

Now that you know how to save, you just have to choose your luxury home in Venice with the help of Engel & Volkers Venezia.

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