For those of you thinking of purchasing a property in Italy, you may wish to consider a few things before you sign any contracts.

Investors are being urged to visit their potential new town at various points in the year, and to be aware that many places, especially tourist destinations, are seasonal. This means that in the summer areas may be packed with visitors, yet during the winter months only the locals will be left and many attractions will be closed.

Tax in Italy is 3% for first-time buyers of Italian property, however you need to be aware that this can rise to 10% if you already own a property there, or if you do not comply in applying citizenship in the country.

Renting out your Italian property will still be a good investment as the country itself is a popular destination at all time of the year, however if you are to rely on this income, you may think about a property close to museums or other attractions which are open all year.

To understand the full step-by-step process to buying a property in Italy, collect The Overseas Guides Company’s ‘Italy Property Buying Guide’