The cost of a home is not just the purchase price, but taxes and other costs must be budgeted for.
The cost of a house is not given only by the price paid to the seller, but to this we must add the mediation costs if you buy through an agency, the notary and taxes. Then there are the costs for connections, moving house and furnishings. Furthermore, four taxes must be budgeted for: registration, mortgage and cadastral taxes, to which VAT is added if purchased from the manufacturer.
Taxes if you buy privately
Taxes depend on the type of property. If it is a first home, you enjoy discounts: for the apartment purchased from a private individual, you pay 2% registration tax on the cadastral income multiplied by 115, with a minimum of 1000 euros, plus a total of 100 euros in mortgage taxes and cadastral. For the purchase of other houses, 9% is paid on the cadastral income multiplied by 126 for the register.
Taxes if you buy from the builder
When buying from the builder: if it is a first home, you pay 4% VAT on the real price and a fixed 600 euros (200 for each of the other three taxes); If you buy an apartment that is not a primary home, you pay: you pay VAT of 10%.
For houses purchased from the builder by 31 December 2017, it is possible to obtain a tax bonus equal to 50% of the VAT, provided that the house is energy class A or B. At the deed, there are also fixed costs to be faced, independent of the type of property: the stamp duty of 230 euros, and the mortgage tax of 90 euros.
First home: when you are entitled to benefits
1) the house must not be luxurious or must not belong to categories A/1 (elegant lodgings); A/8 (villas), A/9 (historic properties);
2) the home must be in the municipality where you have your residence or where you work. It is not necessary to reside at the time of the deed, the residence in the municipality must be moved within 18 months;
3) you cannot own or have the usufruct of another house in the same municipality. Instead, one can have a right of bare ownership;
4) you cannot be the owner, alone or jointly with your spouse, of any right, not even a share, on another property purchased with the "first home" tax benefits, wherever it is located on Italian territory.
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