5 Things Americans Should Know Before Buying in Italy

1. You Can Get a Mortgage in Italy as a Foreigner

Good news—Americans are eligible to apply for a mortgage in Italy. While not every bank works with non-residents, many do, and with the right guidance, you can finance up to 60–70% of the property value.

Tip: A local mortgage broker (like us at LikeJunco!) will help you access the right lenders, negotiate better rates, and manage the paperwork—especially if you’re not fluent in Italian.

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2. Property Prices Are Often Lower Than in the US

Compared to U.S. coastal cities, Italy offers exceptional value. You can find historic apartments in charming towns, farmhouses with land, or even seaside properties—often at prices far below what you'd pay in places like California or New York.

Regions to watch: Le Marche, Puglia, Umbria, and Sicily offer great deals and beautiful landscapes without the tourist premium.

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3. The Buying Process Is Very Different from the U.S.

Don’t expect a U.S.-style real estate experience. In Italy, it's common to work with multiple agents, and transactions can move slower. There’s also a formal step called the compromesso (preliminary contract) that secures your purchase before the final deed (rogito).

Tip: Always hire an independent notary (notaio) and legal expert who works in your interest—not just the seller’s.

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4. There Are Taxes and Fees You Need to Budget For

Expect to pay around 7–10% of the property value in fees and taxes, including:

• Stamp duty (based on property type and residency status)
• Notary fees
• Agency fees
• Translator and legal costs (if needed)

These costs can vary depending on whether the home is a primary or secondary residence.

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5. You Don’t Need to Be a Resident to Buy

Unlike some countries, Italy places no restrictions on Americans buying property. You do not need residency or even a visa to purchase a home. However, if you plan to live in Italy long-term, it’s worth exploring visa options like the Elective Residency Visa or the Digital Nomad Visa (coming soon).

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Bonus: Work with Experts Who Know the Market

At LikeJunco, we specialize in helping Americans buy property in Italy—from securing a mortgage to connecting you with trusted agents, notaries, and legal advisors. The process can be complex, but with the right team behind you, it’s entirely achievable.

Contact us today to get started on your Italian property journey—we’re here to make your move smooth, legal, and financially smart.

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