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Welcome to International House & Property of Abruzzo
We are a family operated estate agency in Penne, Abruzzo, Central Italy.
Being based in the heart of Abruzzo, we have an extensive portfolio of properties for sale and rentals. We also have villas or apartments for let for your holiday vacation.
Our staff’s aim is to provide you with a full backup service. Our staffs are from England, Italy and New Zealand. How may we be of service?
On arrival in Pescara airport you will see our A board with brochures about our companies.
Our sister company is CRAFTSMEN OF ABRUZZO. This company specializes in renovations, full refurbishments, general building, landscape gardening, from concept to completion. We have architects in house to help you with your enquiries. We are an English fully registered company, using modern and traditional materials. Check out our website: click the picture.
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The Compravendita
'House Doctor* has yet to reach this region, giving you a great oppertunity to buy an unmodernised property at a realistic price.
"It is often true that the next area to come up is likely to be next door to an already popular area...This is called the ripple effect." Sarah Beeny, Property Ladder **
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For our services we only charge the normal estate agency fee in Italy 3% + usual fees.
We don't just 'sell you a house', for this percentage you get the advantage of an English speaking personal assistant, to take you through every stage of the property purchase - and give you a better understanding of the Italian house purchase system.
- And although the standard Italian Agency Fees are not exactly cheap, we hope you'll find that proffessional advice, at an early stage, can save you money in the longer term.
- First stage
Find the area or type of property you would like to buy
Make enquires to us via contact us
Search our properties and make a shortlist of those you would like to see.
Or, give us a list of;
Type of Property
Where you would like to find the property
Your price range.
We make a mutualy convinient time to view the homes (A week before is a good time for us to get your appointments organised.)
For the properties you view we will ask you to sign visit report, in which we make clear the normal process, which is, that when you buy a house we have shown you, you will pay a buyers commission of 3%. Of course if you decide not to go ahead, you will not pay a buyers fee for any reason.
When you have found a property you want to buy it is best to satisfy yourself at this stage with any queries you may have.
Get a builder to give you an estimate of cost of works.
If you have decided to seek independant legal advice, this is the point to let your legal representative get involved in the process.
Ask us or your lawyer for a schedule of usual fees for the purchase.
Decide on how much you want to pay
Is the purchase dependant on a mortgage ? This can be built into the contract.
List important details that are a condition of you buying the property.
Decide on the deposit that you want to make (non returnable if you pull out or don't complete the sale in time).
Open an Italian Bank account.
Get a tax code, codice fiscale.
Decide on a time you want to complete the purchase
Then you will sign an agreement to buy 'Compromesso'
Once the seller accepts this, is as binding as 'exchange of contracts' in England
The Compromesso - which we will organise with the notary to iron out any problems early on, Will usually include the following;
The property details
The names of buyer and seller
The purchase price and the terms of its payment
The date of completion - when you will go to the Notary
The size of the deposit payable with the contract, usually 20%.
The final agreement to be signed at the Notary is called a 'Compravendita'
If you are not fluent in Italian you must by law pay for a translator to translate the 'Compravendita' and to be present at the Notary, so that you fully understand what you are entering into.
Organise your home insurance.
Then sit back, and get all the finances in place for the Notary appointment.
Some (not exhaustive) things that may differ from buying say, in the UK
Unless stipulated;
The sellers will strip the house of everything, including the kitchen.
Or on the other extreme, they may leave everything, including rubbish, right down to the toothbrushes in the bathroom.
The offer is binding.
*copyright channel 5.
**Copyright Talkback productions 2002
The author and publisher of this website cannot accept liability for any loss, damage, or injury incurred as a result (directly or indirectly) of the advice or information contained in this website or the use or application of the contents of this website.
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Buying in Italy
