Welcome to Cornerstone Worldwide Property
Wherever you want to be in the World
00 44 (0)1603 700007
How can we help?
Our range of services are designed to support you all the way when buying Property Abroad. Please call us with your requirements or e mail our offices to find out more about any property that suits your needs.
"After our inspection visit not only did Cornerstone find our dream property but we also found that we had made a new friend! Also I have found that the after sales service to your customers is second to none. You couldn’t have made it all any easier.”
Mr & Mrs Gold (London)
Over 12,000 properties available online
Italy
Property purchase costs and procedure.
- Allow 10% - 12% of purchase price to cover costs
- Initial reservation deposit of around 10% required
- From offer to completion usually takes around six to ten weeks
- When buying real estate in Italy, you will first sign a preliminary contract; this can be drawn up by the vendor, agent, or a solicitor/lawyer. The preliminary contract may be preceded by a binding 'buying proposal' called a compromesso, where the buyer is legally bound to buy, but the vendor and agent are free to consider other offers.
Can I take a mortgage?
- Mortgages available from both UK and Italian banks
- Equity release schemes from UK property
- Up to 80% loans available
- Remember to declare any funds brought in to your Italian bank. Maximum loans from Italian banks on property are usually 50-60% of buying price for second homes and nearer 75% for your main residence, usually up to 15 years.
Getting there:
- Wide choice of departure airports
- Wide choice of arrival airports
- Good choice of airlines
- 1 - 2 hour flights
- Competitive market keeping flight prices low on major routes
What about Jobs?
- See Links
Can I take my Pet?
- Pets can enter the Italy without quarantine, however will require certain health certificates
Transferring money
- Best rates available through money transfer specialists.
Driving licenses.
- Full UK Driving License required
What about schools?
- Private English schools are available
- Italian schools are able to be used as per all of EU
Some Key points
- Always use a lawyer represented in Italy when purchasing property.
- There are 20 different regions in Italy (including Sardinia)
- EU citizens require only a passport or ID card to stay or work in Italy for as long as they like.
- Non-EU citizens who want to study at a university or language school must have a study visa.