CANADA: Government announces two-year extension to ban on foreign ownership of Canadian housing.
As consequence, the Condition of Reciprocity between Italy and Canada will remain suspended for more 2 years, until January 1st, 2027.
Recent News & Events
Do you want to buy a home in Italy but do not know where to start? Whether your desire to purchase a property in Italy has been with you for as long as you can remember or is a recent urge, turning that dream into a reality can seem daunting. The [...]
Luxury properties in Milan always on the crest of the wave The Milanese residential real estate market is expected to close in 2022 with an estimated growth of over 27,000 total sales of used and new homes, equal to +1.5% on 2021. The prime real estate sector, i.e. luxury, located [...]
This is a topic of great interest and on which we have often tried to clarify. The Italian Supreme Court (Cassazione) recently intervened on this point, examining the fees of brokers in house sales and specifying that the amount is only due if the deal is concluded: accepting the purchase offer [...]
A brief overview; legal framework and deal structure. Real estate transactions in Italy are typically structured according with 2 schemes: Asset deals, which is about the direct acquisition of real estate Share deals, where the investor purchases the shares of the legal entity owning real estate (and so indirectly the real [...]
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