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DOMUS AUCTION

We provide our clients with the possibility to make an immediate gain margin, investing in estates that have been repossessed by the banks and are now sold at a significantly lower price through the Italian Courts.

Perugia | Italy
+32 477 835 010
+39 327 425 3350

info@domusauction.it

Our Services

We are a multidisciplinary team offering a full spectrum of services to prospective foreign investors who are interested in participating in the Italian judicial real estate auctions.
Our management team with a vast network of contacts and a lot of experienced consultants fluent in English is composed by: professional accountants, surveyors, and architects are available to assist in your real estate purchase.

 

It is important to conduct due diligence before bidding.

  • There are PROS  of buying property in Italy at auctions. The pros include: discounted prices and the potential for capital gains.
  • House auction rules and procedures in Italy are established by the courts. The auction process typically starts with an initial deposit of 10% of the price offered, followed by the submission of an irrevocable sealed bid on auction day.
  • One of the most attractive aspects of purchasing a property in a judicial auction is the possibility of buying at auction with a mortgage. In Italy, several banks offer mortgage loans specifically designed for auction buyers. These loans can cover up to 40-50% of the property value.

Auction fees

Do not differ much from those of the classic purchase in the open market. We report the example where the seller is an individual or a VAT-exempt company and analyze all the expense items to be added to the cost of the property:

  • Cadastral tax and mortgage tax: each of the two items corresponds to a fixed amount of 50.00€, so consider 100.00€ in total;
  • Revenue stamp: 16.00€ for the participation;
  • Court tax is calculated considering the value of the property, until 100.000,00 euro the cost is 1000,00 ( Decreto del 22/04/2021 n. 104 Articolo 1)
  • Registration tax: unlike the other items, the registration tax is variable and corresponds to 9% of the purchase cost or value of the property, which drops to 2% when it is the first house.

Costs may vary based on the type of executive procedure and the type of property (VAT excluded or not)

All our consultants work in the interests of the buyer, so as to guarantee a SAFE  PURCHASE and AT THE FAVOURABLE  PRICE. Payment of the consultant is divided in two different steps: a participation fee is required in the moment of participation to the auction and a second fee  only upon winning of the auction or actual purchase.

Our company guarantees maximum safety in clinching a deal, avoiding any unwanted surprises, formal errors, HIDDEN COSTS, BUREAUCRATIC , OCCUPIED BUILDINGS

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Our Projects

01

Arezzo €244.125

Casa Arezzo

02

Castiglion Fiorentino €1.095.000

Albergo Ristorante

03

Castiglion Fiorentino €599.250

Cerreto Guidi

04

Chianciano Terme €304.000

Podere a Chianciano

05

Trulli €1.580.000

Villa con TrulliI