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Italy · EUR

Buyin Milan

Milan real estate transfers occur before a public notaio, with registration tax computed on the cadastral value (rendita catastale) rather than the commercial purchase price.

RomeFlorenceTurinNaplesBologna
Notaio-verified path
Cadastral rendita checked
3D map
9% / 2%registro: second home vs prima casa
Renditacadastral value is the tax base on resale
Codice fiscalerequired before the notaio will close
IMUannual municipal tax on non-primary homes
What a purchase really costs

€300,000 home in Milan

Imposta di registro (second home) (9%)
€27,000
Notaio (≈1.5%)
€4,500
Imposte ipotecaria & catastale
€600
Agency, buyer side (3% + 22% IVA)
€10,980
Cash needed at the notaio
€343,080

≈ +14.4% over the price. Registration tax is 9% for a second home and 2% under prima casa relief — and on a resale between private parties it is charged on the cadastral value (prezzo-valore), which is usually well below the price you pay. Prima casa is for people who move their residenza within eighteen months, not for holiday buyers.

Rentals run on rules

The rent side, in three lines

  • The 4+4 contract is the default: four years, renewed four more unless the landlord has a statutory reason.
  • Cedolare secca lets a landlord swap progressive IRPEF for a flat substitute tax, but freezes the ISTAT indexation.
  • Every lease must be registered with the Agenzia delle Entrate — an unregistered contract is void against the tenant.

Eviction runs through the court calendar, not the contract. Underwrite the timeline, not the brochure yield.

Cities

Six metros, one national deed

Registration tax is national; the base, the IMU rate and the condominio are local. A Milan yield and a Naples yield do not survive the same spreadsheet.

Neighborhoods

Areas in Milan

Premium districts with price anchors, walk and transit scores.

Under the Italian Prezzo-Valore system for private residential sales, non-resident buyers pay 9% registration tax on the revalued cadastral value (plus fixed €100 mortgage and cadastral taxes), resulting in effective transfer costs far lower than nominal rates.

Milan requires comprehensive verification of the Attestato di Prestazione Energetica (APE), building permit conformity (conformità urbanistica), and condominium balance statements for any outstanding building renovations.

FAQ

Can foreigners buy freehold apartments in Milan?
Yes. Italy permits foreign property acquisitions based on reciprocity, requiring a Codice Fiscale and identification before the notary.
What are total buyer closing fees in Milan?
Expect approximately 9% registration tax on cadastral value (or 2% for primary residence), roughly €2,000–€4,000 in notary fees, and 3–4% plus VAT broker commission if applicable.

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