{"id":5710,"date":"2026-05-27T06:11:09","date_gmt":"2026-05-27T06:11:09","guid":{"rendered":"https:\/\/www.italyvisainvestments.com\/?page_id=5710"},"modified":"2026-05-27T06:11:09","modified_gmt":"2026-05-27T06:11:09","slug":"property-auctions-in-italy-for-foreigners","status":"publish","type":"page","link":"https:\/\/www.italyvisainvestments.com\/en\/real-estate\/property-auctions-in-italy-for-foreigners\/","title":{"rendered":"Property Auctions in Italy for Foreigners"},"content":{"rendered":"<div>Real Estate<\/div>\n<h1>Property auctions in Italy for foreigners<\/h1>\n<div>\n<p>A <strong>property auction in Italy for foreigners<\/strong> is a concrete opportunity for those who, from abroad, intend to invest in the Italian market: award prices are often significantly lower than the commercial value estimated by the court-appointed surveyor, and the spread of <strong>online judicial auctions<\/strong> has made the procedure accessible even to non-residents.<\/p>\n<p>The decision to <strong>buy a property at auction in Italy from abroad<\/strong> is now feasible without preliminary travel, but it requires a thorough knowledge of Italian procedure, even more critical for those managing the operation remotely. Documentation is entirely in Italian and technically specialized, <strong>court-imposed deadlines<\/strong> are generally mandatory and only exceptionally may be extended by the judge, and certain checks typical of an ordinary purchase, starting with the physical inspection, are not always available.<\/p>\n<p>The <strong>transfer decree (decreto di trasferimento)<\/strong>, the act of the enforcement judge that produces the same conveyancing effects of an ordinary sale without the need for a notarial deed, transfers ownership of the property in the factual and legal state in which it is found: once issued, conditions can no longer be renegotiated and the purchase cannot be reversed.<\/p>\n<p>For this reason, every decision the buyer makes before the auction, from the choice of the property to the maximum price to be offered, must be based on a <strong>complete legal review<\/strong>, and not on a mere reading of the valuation report or of the data published on the ministerial portal.<\/p>\n<p><strong>Studio Legale Internazionale Boschetti<\/strong>, through its Italy Visa Investments brand, assists Italian and foreign clients at every stage of property auctions in Italy: from the verification of personal eligibility, to <strong>pre-auction due diligence<\/strong> on the property, to bid submission via power of attorney, through to the transfer decree and taking possession.<\/p>\n<p>A real estate auction in Italy involving a non-resident buyer brings together enforcement law, real estate law and private international law, and must be handled by a law firm with specific experience in international clients. We act as trusted <strong>real estate lawyers<\/strong>, <strong>not as intermediaries or as a real estate agency<\/strong>: our role is to protect the operation and safeguard the buyer&#8217;s interests, reading the risks that foreign clients are often unable to decode on their own.<\/p>\n<p>The entire process can be <strong>managed in English and remotely<\/strong>, without the client having to travel to Italy before the award.<\/p>\n<\/div>\n<p><img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/11\/investments.jpg\" alt=\"\"><\/p>\n<h2>Can foreigners participate in Italian property auctions?<\/h2>\n<div>\n<p>The answer is yes, but <strong>the conditions vary significantly<\/strong> depending on the participant&#8217;s nationality and residency status. Judicial auctions are public proceedings open to any individual or legal entity, except for parties expressly excluded by law, and this principle applies to non-Italian citizens as well.<\/p>\n<p>For the typical Italy Visa Investments client, that is the <strong>foreigner not resident in Italy<\/strong> who intends to take part in an <strong>Italian judicial auction as a foreign buyer<\/strong>, the first step is always the verification of the personal requirements for accessing the procedure, to be carried out before any assessment of the specific property.<\/p>\n<\/div>\n<div>\n<p>The participation of a <strong>foreign citizen in an Italian court auction for property<\/strong> is admitted on different conditions depending on whether the buyer is an <strong>EU citizen, a non-EU citizen or a non-resident operating from abroad<\/strong>, and each of these three situations requires a separate preliminary review.<br \/>An incorrect assessment of this profile may result in the bid being declared inadmissible, with loss of the deposit and inability to participate in the auction even though the financial offer was competitive. For this reason, before moving to property due diligence, <strong>the firm always verifies the client&#8217;s personal status<\/strong>.<\/p>\n<\/div>\n<div>\n<p>        <img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/11\/documenti.png\" alt=\"\"><\/p>\n<\/div>\n<h3>EU citizens<\/h3>\n<div>\n<p><strong>Citizens of an EU Member State<\/strong> may freely participate in <strong>property auctions in Italy<\/strong> without any nationality-based restriction. A valid identity document and an <strong>Italian tax code (codice fiscale)<\/strong> are sufficient, the latter requested by the firm at the Italian Revenue Agency before participation.<\/p>\n<p>No additional restrictions apply compared to those provided for Italian citizens: the principles of free movement of capital and non-discrimination on grounds of nationality within the Union exclude any differential treatment. EU clients can therefore submit a bid, pay the deposit, take part in the auction and receive the transfer decree exactly like an Italian citizen.<\/p>\n<p>No prior transfer of residence to Italy is required for participation, nor is the opening of an Italian bank account: payment of the deposit and of the balance price may be made by telematic wire transfer from a foreign bank, provided that the credit to the procedure account is certain and traceable within the deadlines set by the sale order.<\/p>\n<p>The obligation to comply with <strong>anti-money laundering rules under legislative decree 231\/2007<\/strong> remains firm, requiring adequate verification of the successful bidder at the time of balance payment, with identification of the client, of the beneficial owner if a legal entity is involved and of the source of funds used for the purchase. The firm coordinates this step with the delegated professional and with the crediting bank, so as to prevent any objection or supplementary request that may extend the timing of the procedure.<\/p>\n<\/div>\n<div>\n<p>        <img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/11\/anno.png\" alt=\"\"><\/p>\n<\/div>\n<h3>Non-EU citizens<\/h3>\n<div>\n<p>For <strong>non-EU foreign buyers<\/strong>, participation is generally allowed where there is a valid Italian residence permit or, for non-residents, in compliance with the so-called <strong>condition of reciprocity<\/strong> between the country of citizenship and Italy, save for special rules applicable to particular residence statuses.<\/p>\n<p>Reciprocity, in practical terms, means that the foreign legal system allows Italian citizens to acquire property in a manner equivalent to that provided for that country&#8217;s citizens in Italy. The existence of reciprocity may also be verified through the information sheets published by the Italian Ministry of Foreign Affairs and International Cooperation (MAECI), subject to the supervision of the judicial authority and of the parties involved in the procedure.<\/p>\n<p>For many States reciprocity is full and general (this is the case, among others, of the United States, the United Kingdom, Switzerland, Australia), for others it is limited to specific types of assets or subject to specific conditions, and for others still it is excluded.<\/p>\n<p>It is an essential preliminary check: a participation request submitted by someone who does not meet the requirement is declared inadmissible, with consequent exclusion from the procedure and potential consequences on the deposit. <strong>The firm carries out the verification as the first activity of the engagement<\/strong>, before any time investment on the property.<\/p>\n<\/div>\n<div>\n<p>        <img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/11\/documenti.png\" alt=\"\"><\/p>\n<\/div>\n<h2>Non-residents buying from abroad<\/h2>\n<div>\n<p>This is the most frequent case in the practice of Italy Visa Investments: the client lives abroad, has identified an interesting property and wishes to <strong>buy a property at auction in Italy from abroad<\/strong> without relocating to Italy in advance. Participation is fully possible through a <strong>notarial special power of attorney<\/strong> authorizing the firm to submit the bid, pay the deposit, take part in the auction, sign the award report and execute subsequent acts in the client&#8217;s name and on the client&#8217;s behalf.<\/p>\n<p>The power of attorney is drafted by the firm in a bilingual Italian-English version, signed by the client before a notary in their own country or at the competent Italian Consulate, and then <strong>apostilled or legalized<\/strong> in accordance with the applicable conventions. When the document is in a language other than Italian, a sworn translation is required.<\/p>\n<p>A power of attorney drafted imprecisely, lacking the specific powers for auction participation or not properly legalized is rejected by the court registry, with loss of the opportunity to take part. <strong>For this reason the firm directly handles the drafting of the text and the coordination with the foreign notary<\/strong>, so as to ensure an instrument fully compliant with the requirements of the competent Italian court.<\/p>\n<\/div>\n<p>[sign-in]<\/p>\n<h2>Types of Italian property auctions<\/h2>\n<div>\n<p>The Italian legal system recognizes two main types of <strong>asta giudiziaria<\/strong>, today almost always conducted in telematic form: <strong>vendita senza incanto<\/strong> (sealed-bid sale) and <strong>vendita con incanto<\/strong> (open-bid sale). The differences between the two procedures have a concrete impact on the foreign buyer&#8217;s bidding strategy, on timing and on the specific risks of each stage.<\/p>\n<p>Understanding how they work is the prerequisite for informed legal assistance on an Italian property auction. The <strong>vendita senza incanto<\/strong> is now the ordinary modality in Italian court practice: each participant submits a sealed, secret bid accompanied by the deposit, for an amount no lower than the minimum bid set out in the sale notice, which under article 571 of the Italian Code of Civil Procedure may be set up to one quarter below the base price.<\/p>\n<p>The envelopes are opened by the delegated professional on the appointed date; if there is only one valid bid, the property is awarded directly, while in the presence of multiple bidders an auction starts among them from the highest bid, with mandatory minimum increments specified in the sale order.<\/p>\n<p>The <strong>vendita con incanto<\/strong>, now residual, instead provides for open bids in increase from the base price, with an open dynamic of raises in the room. In the vendita con incanto, the award is initially provisional: under article 584 of the Italian Code of Civil Procedure, within the following ten days bids in increase of one fifth of the price may be submitted, triggering a second auction among the previous bidders and the new offeror.<\/p>\n<p>The spread of <strong>online judicial auctions<\/strong>, governed by ministerial decree of 26 February 2015 no. 32, has made participation accessible from abroad without the need for physical presence: the bid is submitted via certified ministerial portals, with digital identification and electronic deposit payment. For non-resident clients this aspect is decisive, as it allows participation through a lawyer holding a notarial special power of attorney: <strong>the firm acts in such capacity on behalf of the non-resident client<\/strong>, handling bid filing and the bidding stage remotely, in close coordination with the professional delegated by the enforcement judge.<\/p>\n<\/div>\n<p>[album]<\/p>\n<h2>How the process works: from property identification to award<\/h2>\n<div>\n<p>The procedure for <strong>buying a property at auction in Italy as a non-resident<\/strong> is significantly more complex than an ordinary purchase: documents are all in Italian and technically specialized, deadlines are set by the court and do not allow delays, and certain checks standard in ordinary transactions are not always available at auction. For this reason the firm guides the client through a <strong>structured five-step path<\/strong>, each with precise legal safeguards.<\/p>\n<\/div>\n<h3>Step 1: Property identification and initial analysis<\/h3>\n<div>\n<div>\n<p><strong>Italian judicial auction properties for foreign buyers<\/strong> can be found on the official portals of the Ministry of Justice (Portale delle Vendite Pubbliche), on the telematic platforms of the territorially competent courts and on private aggregators such as astegiudiziarie.it.<\/p>\n<p>For each property an information file is available, including the sale notice, the <strong>valuation report<\/strong> drafted by the technician appointed by the judge, mortgage and land registry searches, the urban planning destination certificate, any floor plans and photographs.<\/p>\n<p>The firm selects, together with the client, the properties compatible with budget and investment plan, then conducts an initial legal review of the file.<\/p>\n<p>The valuation report, although drafted by a professional, has a perimeter limited to what the surveyor was able to verify and does not cover all the profiles relevant to the buyer: <strong>an independent analysis is always required<\/strong>, in particular on planning irregularities, on encumbrances not automatically cancelled and on the property&#8217;s occupancy situation. On this point the firm provides an autonomous assessment that is not limited to the documentary data, but reads the valuation report in light of the sale order and of the practices of the specific court.<\/p>\n<\/div>\n<\/div>\n<h2>Step 2: Pre-auction due diligence<\/h2>\n<div>\n<p>The<span>\u00a0<\/span><strong>pre-auction due diligence<\/strong><span>\u00a0<\/span>is the most delicate stage of the entire path, because unlike ordinary purchases the successful bidder acquires the property in the factual and legal state in which it is found, with no possibility of renegotiating or withdrawing after the award.<\/p>\n<p>The firm analyzes the mortgage and land registry situation, verifies planning compliance and the possible existence of remediable or non-remediable<span>\u00a0<\/span><strong>building irregularities<\/strong>, examines the continuity of registrations, assesses the presence of charges or restrictions not subject to cancellation by the transfer decree (some partial real rights, planning constraints, enforceable contracts). It also verifies the<span>\u00a0<\/span><strong>occupancy situation<\/strong>: whether the property is inhabited by the debtor, by third parties with an enforceable title or by parties without title, since each scenario entails different paths and timing for vacating.<\/p>\n<p>In many cases physical inspection is not guaranteed, or is limited to narrow time windows agreed with the court-appointed custodian: for non-resident clients this is a critical point, as it prevents direct inspection of the property. The firm mitigates the risk by coordinating targeted visits with the custodian, supplementing the file documentation with checks at the Municipality, Land Registry and Cadastre, and producing a<span>\u00a0<\/span><strong>summary report<\/strong><span>\u00a0<\/span>that puts the client in a position to decide whether to proceed and at what maximum price.<\/p>\n<\/div>\n<h3>Step 3: Bid preparation and auction participation<\/h3>\n<div>\n<div>\n<p>Once the bidding strategy is defined, the firm prepares the participation documentation: signed application, copy of the legalized <strong>special power of attorney<\/strong>, copy of the client&#8217;s identity document and tax code, proof of deposit constitution.<\/p>\n<p>The <strong>deposit is at least 10% of the offered price<\/strong>, as set by the sale order, and is paid, depending on the notice, by non-transferable banker&#8217;s draft or telematic wire transfer.<\/p>\n<p>The bid is irrevocable within the time limits provided by law: non-fulfilment of the obligations arising from the bid or from the award may result in <strong>total or partial loss of the deposit<\/strong>, in accordance with articles 571 and 587 of the Italian Code of Civil Procedure.<\/p>\n<p>For <strong>online judicial auctions<\/strong>, the firm assists the client in the preparation and filing of the bid in accordance with the modalities provided for by ministerial decree of 26 February 2015 no. 32 and by the sale order, with digital signature and transmission via certified PEC.<\/p>\n<p>On the auction day the firm participates in the client&#8217;s name and on the client&#8217;s behalf, via telematic connection, managing the raises within the maximum limit agreed in advance. In the generality of cases <strong>the client does not need to be physically present in Italy<\/strong> at any time during this stage, save for specific banking or anti-money laundering requirements: all activities are carried out through the power of attorney and remote coordination with the firm.<\/p>\n<\/div>\n<\/div>\n<h3>Step 4: Award and balance payment<\/h3>\n<div>\n<p>Upon a favourable outcome of the auction, the delegated professional declares the property awarded and draws up the award report. From that moment the <strong>term for the balance payment starts, not exceeding 120 days from the award<\/strong> under article 585 of the Italian Code of Civil Procedure, save for any shorter term set by the sale order, in addition to ancillary costs (registration, mortgage and cadastral taxes, transcription and cancellation fees).<\/p>\n<p>Payment must be made in accordance with the modalities indicated by the sale order and by the delegated professional, on the sole procedure account: failure to credit the correct account within the prescribed deadlines may result in <strong>forfeiture of the award<\/strong>.<\/p>\n<p>Failure to pay the balance within the term has serious consequences: <strong>forfeiture of the award, loss of the entire deposit paid<\/strong> and possible liability for the difference in case of resale at a lower price.<\/p>\n<p>If the successful bidder intends to finance the purchase with a mortgage, it is possible to make use of the <strong>ABI Convention<\/strong>, which provides for the disbursement of facilitated mortgage loans simultaneously with the issuance of the transfer decree, for an amount which may reach up to 80% of the award price.<\/p>\n<p>The firm coordinates relations with the delegated professional, with the court registry, with the custodian and, where necessary, with the lending bank, so as to meet the deadlines and complete payment without margin for error.<\/p>\n<\/div>\n<h3>Step 5: Transfer decree and taking possession<\/h3>\n<div>\n<div>\n<p>Once the balance payment has been made and the applicable anti-money laundering obligations under <strong>legislative decree 231\/2007<\/strong> have been complied with, the enforcement judge issues the <strong>transfer decree (decreto di trasferimento)<\/strong>: this is the instrument that transfers ownership of the property to the successful bidder and produces the same conveyancing effects of an ordinary sale without the need for a notarial deed.<\/p>\n<p>The decree also contains the order for <strong>cancellation of mortgages and seizures<\/strong> subject to cancellation under article 586 of the Italian Code of Civil Procedure, and constitutes title for the registration of the purchase and enforceable title for the release of the property.<\/p>\n<p>The firm handles its registration at the Land Registry, the cadastral voltura and the cancellation of encumbrances. If the property is occupied, the firm promptly requests the release order and follows its execution through the court-appointed custodian, up to actual release and delivery of the keys to the client.<\/p>\n<p>These are stages often underestimated by those who tackle the auction alone, because they may require time and persistence in the coordination with the court and the custodian: for non-resident clients they are simply <strong>impossible to handle without a stable legal presence in Italy<\/strong>. It is the point at which the value of qualified legal assistance reaches its maximum.<\/p>\n<\/div>\n<\/div>\n<p>[comments]<br \/>\n[album]<\/p>\n<h2>Risks of buying at auction in Italy as a foreigner and how to avoid them<\/h2>\n<div>\n<p>For foreigners, buying at an <strong>asta giudiziaria in Italy<\/strong> offers real opportunities, but entails specific risks that are amplified for those managing the operation from abroad. These are not abstract risks: they are <strong>concrete, recurring issues<\/strong> that the firm has seen materialize in every case in which the buyer underestimated the complexity of Italian procedure.<\/p>\n<\/div>\n<ul>\n<li>\n<h3> Italian-only technical documentation<\/h3>\n<div>\n<p>The entire file (valuation report, sale order, planning and cadastral documents) is drafted in <strong>Italian legal and technical language<\/strong>. Machine translation cannot correctly render terms such as \u00abpignoramento\u00bb, \u00abiscrizione ipotecaria\u00bb, \u00abcondono in itinere\u00bb or \u00abconformit\u00e0 catastale dichiarativa\u00bb. The firm provides clients with a <strong>technically accurate and substantively reliable English summary<\/strong>.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Misinterpretation of the valuation report<\/h3>\n<div>\n<p>The <strong>valuation report<\/strong> is not a clean bill of health: it is a snapshot of the property at the time of the surveyor&#8217;s inspection. The firm supplements it with autonomous checks at the Municipality, the Land Registry and the Cadastre, and <strong>points out the issues the report does not detect or underestimates<\/strong>.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Planning irregularities and hidden constraints<\/h3>\n<div>\n<p><strong>Non-remediable building irregularities<\/strong>, landscape constraints, cultural heritage constraints and encumbrances not cancelled by the transfer decree can turn a good deal into an unforeseen cost. The firm carries out direct enquiries with the competent Municipal Planning Office, the regional Soprintendenza and the Land Registry, compares the actual condition of the property with the filed building permits, assesses whether any irregularities can be remediated and at what cost, and <strong>reports to the client, before the bid, every constraint or encumbrance bound to survive the award<\/strong>.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Court-imposed deadlines<\/h3>\n<div>\n<p>Deadlines for balance payment, for filing the anti-money laundering declaration and for subsequent obligations are <strong>mandatory and only exceptionally extendable by the judge<\/strong>. From the outset of the engagement the firm builds a detailed operational calendar capturing every deadline, and handles directly the coordination with the court registry, the delegated professional and, where necessary, the lending bank, <strong>activating the banking and documentary steps on the client side well in advance<\/strong> to avoid imputable delays.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Invalid power of attorney<\/h3>\n<div>\n<p>A <strong>special power of attorney<\/strong> drafted in a generic manner, lacking the specific powers for auction participation, not legalized or not correctly translated is <strong>rejected by the court registry<\/strong>. The firm drafts the text in compliance with the court&#8217;s requirements and coordinates the foreign notary and legalization.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Occupied property<\/h3>\n<div>\n<p>If the property is <strong>occupied by third parties with an enforceable contract<\/strong> (registered and with a certain date prior to the seizure), release is not automatic. Before the bid the firm obtains the court-appointed custodian&#8217;s report, reviews the existing occupancy titles and verifies their registration, certain date and term, estimates the likely time required for release, and, upon award, promptly files the <strong>release order petition under article 560 of the Italian Code of Civil Procedure<\/strong>, following its execution through the custodian up to the handover of the keys to the client.<\/p>\n<\/div>\n<\/li>\n<\/ul>\n<div>\n<p>For each of these risks <strong>the firm intervenes preventively<\/strong>, with checks, documents and procedural coordination: the goal is for the client to participate in the auction having taken an <strong>informed decision and never blindly<\/strong>.<\/p>\n<\/div>\n<h2>How Studio Legale Internazionale Boschetti can help you with property auctions in Italy<\/h2>\n<p><img decoding=\"async\" src=\"\/wp-content\/uploads\/2022\/11\/Schermata-2022-11-12-alle-11.18.36.jpg\" alt=\"\"><\/p>\n<div>\n<p><strong>Studio Legale Internazionale Boschetti<\/strong>, through its Italy Visa Investments brand, offers <strong>end-to-end assistance for property auctions in Italy<\/strong> involving foreign buyers. We act as a law firm, <strong>not as a real estate agency or as intermediaries<\/strong>: we receive no commission from the procedure or from sellers, and our sole interest is the buyer&#8217;s protection.<br \/>The service integrates the various skills required to approach a judicial purchase from abroad in a structured manner: search and selection of properties on ministerial portals and competent courts, reading of the valuation report and of the sale order, pre-auction due diligence on title, encumbrances, planning and occupancy, drafting of the special power of attorney, coordination with foreign notary and legalization, auction participation in the client&#8217;s name and on the client&#8217;s behalf, management of the award and balance payment, coordination with the ABI Convention for the mortgage where necessary, assistance up to the transfer decree, registrations, cadastral updates and actual taking of possession with release of the property.<\/p>\n<\/div>\n<div>\n<p><strong>All assistance is handled in English<\/strong>, Italian and other languages on request, and in the generality of cases the client does not need to be physically present in Italy before the award.<br \/>Our experience has been built within a structure that already assists international investors and premium relocation paths: this allows us to read the real estate operation within the broader framework of the client&#8217;s project, integrating where relevant the <strong>immigration, tax and wealth planning dimensions<\/strong>, because a property auction is hardly ever an isolated operation. It is often the first piece of a life or investment project in Italy.<\/p>\n<\/div>\n<h3>FAQ<\/h3>\n<ul>\n<li>\n<h3>Can foreigners participate in Italian property auctions?<\/h3>\n<div>\n<p><strong>All assistance is handled in English<\/strong>, Italian and other languages on request, and in the generality of cases the client does not need to be physically present in Italy before the award.<br \/>Our experience has been built within a structure that already assists international investors and premium relocation paths: this allows us to read the real estate operation within the broader framework of the client&#8217;s project, integrating where relevant the <strong>immigration, tax and wealth planning dimensions<\/strong>, because a property auction is hardly ever an isolated operation. It is often the first piece of a life or investment project in Italy.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>What documents does a foreigner need to participate in an Italian property auction?<\/h3>\n<div>\n<p>A valid identity document, the <strong>Italian tax code (codice fiscale)<\/strong>, proof of the deposit (at least 10% of the offered price, as set by the sale order) and the signed participation form. Non-EU citizens must additionally evidence a <strong>residence permit or reciprocity<\/strong>. Those participating from abroad through a representative need a <strong>notarial special power of attorney<\/strong>, apostilled or legalized, with sworn Italian translation.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Who is excluded from participating in Italian property auctions?<\/h3>\n<div>\n<p>The <strong>enforced debtor<\/strong> (articles 571 and 579 of the Italian Code of Civil Procedure) and parties formally involved in the enforcement procedure on the creditor side are excluded. Non-EU citizens who cannot demonstrate a <strong>valid residence permit or the condition of reciprocity<\/strong> with Italy are also excluded. The firm verifies the client&#8217;s eligibility as the first step of the engagement.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>What is the condition of reciprocity for buying at auction in Italy?<\/h3>\n<div>\n<p>The principle whereby a <strong>non-EU citizen may purchase property in Italy<\/strong> if Italian citizens may do the same in that country under equivalent conditions. For many states (US, UK, Switzerland, Australia) <strong>reciprocity is full<\/strong>; for others it is limited or excluded. The firm verifies the applicable status before any step on the property.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>What are the risks of buying property at auction in Italy?<\/h3>\n<div>\n<p><strong>Planning irregularities<\/strong> or building abuses missed by the valuation, encumbrances not cancelled by the transfer decree, mandatory deadlines that cannot be extended, an <strong>invalid power of attorney<\/strong> rejected by the court, and an occupied property requiring lengthy release proceedings. For non-residents, the impossibility of managing these issues remotely without qualified legal support is itself the primary risk.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Can I participate in an Italian property auction from abroad without being present?<\/h3>\n<div>\n<p>Yes. <strong>Online judicial auctions<\/strong> and a <strong>notarial special power of attorney<\/strong> enable remote participation without the client having to travel to Italy. The firm participates in the auction on the client&#8217;s behalf via telematic connection, managing bid submission and raises within the pre-agreed maximum. In the generality of cases <strong>the client does not need to be present in Italy at any stage before the award<\/strong>.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>What are the taxes on a property purchased at auction in Italy?<\/h3>\n<div>\n<p>Taxation depends on the seller and on the buyer. Purchases from individuals attract <strong>9% registration tax<\/strong> on the cadastral value (or 2% with first-home benefits), plus fixed mortgage and cadastral taxes. Purchases from VAT-registered companies are subject to <strong>VAT (4%, 10% or 22%)<\/strong> depending on the property category. The firm provides a tax estimate as part of the pre-bid analysis.<\/p>\n<\/div>\n<\/li>\n<li>\n<h3>Is it possible to get a mortgage to buy a house at auction in Italy?<\/h3>\n<div>\n<p>Yes. The <strong>ABI Convention<\/strong> (agreement between the Italian Banking Association and the courts) allows facilitated mortgage loans disbursed simultaneously with the issuance of the transfer decree, for up to <strong>80% of the award price<\/strong>. The firm coordinates with the lending bank within the 120-day balance payment term.<\/p>\n<\/div>\n<\/li>\n<\/ul>\n<p><!--more--><br \/>\n<!-- {\"type\":\"layout\",\"children\":[{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"primary\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Real Estate\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"margin_bottom\":\"small\",\"margin_top\":\"small\",\"text_align\":\"left\",\"text_align_breakpoint\":\"m\",\"text_align_fallback\":\"center\",\"title_element\":\"div\",\"title_style\":\"h6\"}},{\"type\":\"headline\",\"props\":{\"content\":\"Property auctions in Italy for foreigners\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"margin_top\":\"remove\",\"title_element\":\"h1\"}},{\"type\":\"breadcrumbs\",\"props\":{\"show_current\":true,\"show_home\":true}}]}]}],\"name\":\"HEADER verde pagine secondo livello\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"padding_bottom\":\"none\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>A <strong>property auction in Italy for foreigners<\/strong> is a concrete opportunity for those who, from abroad, intend to invest in the Italian market: award prices are often significantly lower than the commercial value estimated by the court-appointed surveyor, and the spread of <strong>online judicial auctions<\/strong> has made the procedure accessible even to non-residents.<\/p>\n\n\\n\n\n<p>The decision to <strong>buy a property at auction in Italy from abroad<\/strong> is now feasible without preliminary travel, but it requires a thorough knowledge of Italian procedure, even more critical for those managing the operation remotely. Documentation is entirely in Italian and technically specialized, <strong>court-imposed deadlines<\/strong> are generally mandatory and only exceptionally may be extended by the judge, and certain checks typical of an ordinary purchase, starting with the physical inspection, are not always available.<\/p>\n\n\\n\n\n<p>The <strong>transfer decree (decreto di trasferimento)<\/strong>, the act of the enforcement judge that produces the same conveyancing effects of an ordinary sale without the need for a notarial deed, transfers ownership of the property in the factual and legal state in which it is found: once issued, conditions can no longer be renegotiated and the purchase cannot be reversed.<\/p>\n\n\\n\n\n<p>For this reason, every decision the buyer makes before the auction, from the choice of the property to the maximum price to be offered, must be based on a <strong>complete legal review<\/strong>, and not on a mere reading of the valuation report or of the data published on the ministerial portal.<\/p>\n\n\\n\n\n<p><strong>Studio Legale Internazionale Boschetti<\/strong>, through its Italy Visa Investments brand, assists Italian and foreign clients at every stage of property auctions in Italy: from the verification of personal eligibility, to <strong>pre-auction due diligence<\/strong> on the property, to bid submission via power of attorney, through to the transfer decree and taking possession.<\/p>\n\n\\n\n\n<p>A real estate auction in Italy involving a non-resident buyer brings together enforcement law, real estate law and private international law, and must be handled by a law firm with specific experience in international clients. We act as trusted <strong>real estate lawyers<\/strong>, <strong>not as intermediaries or as a real estate agency<\/strong>: our role is to protect the operation and safeguard the buyer's interests, reading the risks that foreign clients are often unable to decode on their own.<\/p>\n\n\\n\n\n<p>The entire process can be <strong>managed in English and remotely<\/strong>, without the client having to travel to Italy before the award.<\/p>\n\n\",\"margin_bottom\":\"medium\",\"margin_top\":\"medium\"}}]}]}],\"name\":\"BLOCCO INTRO PAGINE\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"padding_bottom\":\"small\",\"padding_top\":\"small\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-4\"},\"children\":[{\"type\":\"image\",\"props\":{\"image\":\"wp-content\/uploads\/2022\/11\/investments.jpg\",\"image_box_decoration\":\"mask\",\"image_svg_color\":\"emphasis\",\"image_width\":\"200\",\"margin_bottom\":\"default\",\"margin_top\":\"default\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"3-4\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Can foreigners participate in Italian property auctions?\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h2\",\"title_style\":\"h2\"}},{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>The answer is yes, but <strong>the conditions vary significantly<\/strong> depending on the participant's nationality and residency status. Judicial auctions are public proceedings open to any individual or legal entity, except for parties expressly excluded by law, and this principle applies to non-Italian citizens as well.<\/p>\n\n\\n\n\n<p>For the typical Italy Visa Investments client, that is the <strong>foreigner not resident in Italy<\/strong> who intends to take part in an <strong>Italian judicial auction as a foreign buyer<\/strong>, the first step is always the verification of the personal requirements for accessing the procedure, to be carried out before any assessment of the specific property.<\/p>\n\n\",\"margin_bottom\":\"small\",\"margin_top\":\"small\"}}]}],\"props\":{\"layout\":\"1-4,3-4\"}},{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>The participation of a <strong>foreign citizen in an Italian court auction for property<\/strong> is admitted on different conditions depending on whether the buyer is an <strong>EU citizen, a non-EU citizen or a non-resident operating from abroad<\/strong>, and each of these three situations requires a separate preliminary review.<br \/>An incorrect assessment of this profile may result in the bid being declared inadmissible, with loss of the deposit and inability to participate in the auction even though the financial offer was competitive. For this reason, before moving to property due diligence, <strong>the firm always verifies the client's personal status<\/strong>.<\/p>\n\n\",\"margin_bottom\":\"default\",\"margin_top\":\"default\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"muted\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-5,4-5\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-5\"},\"children\":[{\"type\":\"panel\",\"props\":{\"content_column_breakpoint\":\"m\",\"image\":\"wp-content\/uploads\/2022\/11\/documenti.png\",\"image_align\":\"top\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-2\",\"image_svg_color\":\"emphasis\",\"image_width\":\"100\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"title_align\":\"top\",\"title_element\":\"h3\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"4-5\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"EU citizens\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_decoration\":\"bullet\",\"title_element\":\"h3\",\"title_style\":\"h3\"}},{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p><strong>Citizens of an EU Member State<\/strong> may freely participate in <strong>property auctions in Italy<\/strong> without any nationality-based restriction. A valid identity document and an <strong>Italian tax code (codice fiscale)<\/strong> are sufficient, the latter requested by the firm at the Italian Revenue Agency before participation.<\/p>\n\n\\n\n\n<p>No additional restrictions apply compared to those provided for Italian citizens: the principles of free movement of capital and non-discrimination on grounds of nationality within the Union exclude any differential treatment. EU clients can therefore submit a bid, pay the deposit, take part in the auction and receive the transfer decree exactly like an Italian citizen.<\/p>\n\n\\n\n\n<p>No prior transfer of residence to Italy is required for participation, nor is the opening of an Italian bank account: payment of the deposit and of the balance price may be made by telematic wire transfer from a foreign bank, provided that the credit to the procedure account is certain and traceable within the deadlines set by the sale order.<\/p>\n\n\\n\n\n<p>The obligation to comply with <strong>anti-money laundering rules under legislative decree 231\/2007<\/strong> remains firm, requiring adequate verification of the successful bidder at the time of balance payment, with identification of the client, of the beneficial owner if a legal entity is involved and of the source of funds used for the purchase. The firm coordinates this step with the delegated professional and with the crediting bank, so as to prevent any objection or supplementary request that may extend the timing of the procedure.<\/p>\n\n\",\"margin_bottom\":\"large\",\"margin_top\":\"remove\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-5,4-5\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-5\"},\"children\":[{\"type\":\"panel\",\"props\":{\"content_column_breakpoint\":\"m\",\"image\":\"wp-content\/uploads\/2022\/11\/anno.png\",\"image_align\":\"top\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-2\",\"image_svg_color\":\"emphasis\",\"image_width\":\"100\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"title_align\":\"top\",\"title_element\":\"h3\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"4-5\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Non-EU citizens\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_decoration\":\"bullet\",\"title_element\":\"h3\",\"title_style\":\"h3\"}},{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>For <strong>non-EU foreign buyers<\/strong>, participation is generally allowed where there is a valid Italian residence permit or, for non-residents, in compliance with the so-called <strong>condition of reciprocity<\/strong> between the country of citizenship and Italy, save for special rules applicable to particular residence statuses.<\/p>\n\n\\n\n\n<p>Reciprocity, in practical terms, means that the foreign legal system allows Italian citizens to acquire property in a manner equivalent to that provided for that country's citizens in Italy. The existence of reciprocity may also be verified through the information sheets published by the Italian Ministry of Foreign Affairs and International Cooperation (MAECI), subject to the supervision of the judicial authority and of the parties involved in the procedure.<\/p>\n\n\\n\n\n<p>For many States reciprocity is full and general (this is the case, among others, of the United States, the United Kingdom, Switzerland, Australia), for others it is limited to specific types of assets or subject to specific conditions, and for others still it is excluded.<\/p>\n\n\\n\n\n<p>It is an essential preliminary check: a participation request submitted by someone who does not meet the requirement is declared inadmissible, with consequent exclusion from the procedure and potential consequences on the deposit. <strong>The firm carries out the verification as the first activity of the engagement<\/strong>, before any time investment on the property.<\/p>\n\n\",\"margin_bottom\":\"large\",\"margin_top\":\"remove\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"muted\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-5,4-5\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-5\"},\"children\":[{\"type\":\"panel\",\"props\":{\"content_column_breakpoint\":\"m\",\"image\":\"wp-content\/uploads\/2022\/11\/documenti.png\",\"image_align\":\"top\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-2\",\"image_svg_color\":\"emphasis\",\"image_width\":\"100\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"title_align\":\"top\",\"title_element\":\"h3\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"4-5\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Non-residents buying from abroad\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_decoration\":\"bullet\",\"title_element\":\"h2\",\"title_style\":\"h3\"}},{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>This is the most frequent case in the practice of Italy Visa Investments: the client lives abroad, has identified an interesting property and wishes to <strong>buy a property at auction in Italy from abroad<\/strong> without relocating to Italy in advance. Participation is fully possible through a <strong>notarial special power of attorney<\/strong> authorizing the firm to submit the bid, pay the deposit, take part in the auction, sign the award report and execute subsequent acts in the client's name and on the client's behalf.<\/p>\n\n\\n\n\n<p>The power of attorney is drafted by the firm in a bilingual Italian-English version, signed by the client before a notary in their own country or at the competent Italian Consulate, and then <strong>apostilled or legalized<\/strong> in accordance with the applicable conventions. When the document is in a language other than Italian, a sworn translation is required.<\/p>\n\n\\n\n\n<p>A power of attorney drafted imprecisely, lacking the specific powers for auction participation or not properly legalized is rejected by the court registry, with loss of the opportunity to take part. <strong>For this reason the firm directly handles the drafting of the text and the coordination with the foreign notary<\/strong>, so as to ensure an instrument fully compliant with the requirements of the competent Italian court.<\/p>\n\n\",\"margin_bottom\":\"large\",\"margin_top\":\"remove\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-right\",\"image_size\":\"height-1-1\",\"image_width\":\"800\",\"media_visibility\":\"s\",\"padding_bottom\":\"small\",\"padding_top\":\"small\",\"style\":\"secondary\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-5,4-5\",\"width\":\"large\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"1-5\"},\"children\":[{\"type\":\"icon\",\"props\":{\"icon\":\"sign-in\",\"icon_width\":\"80\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"text_align\":\"center\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"4-5\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Types of Italian property auctions\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h2\",\"title_style\":\"h3\"}}]}]}],\"name\":\"Titolo col verde\",\"modified\":\"2021-12-01T11:57:12.393Z\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>The Italian legal system recognizes two main types of <strong>asta giudiziaria<\/strong>, today almost always conducted in telematic form: <strong>vendita senza incanto<\/strong> (sealed-bid sale) and <strong>vendita con incanto<\/strong> (open-bid sale). The differences between the two procedures have a concrete impact on the foreign buyer's bidding strategy, on timing and on the specific risks of each stage.<\/p>\n\n\\n\n\n<p>Understanding how they work is the prerequisite for informed legal assistance on an Italian property auction. The <strong>vendita senza incanto<\/strong> is now the ordinary modality in Italian court practice: each participant submits a sealed, secret bid accompanied by the deposit, for an amount no lower than the minimum bid set out in the sale notice, which under article 571 of the Italian Code of Civil Procedure may be set up to one quarter below the base price.<\/p>\n\n\\n\n\n<p>The envelopes are opened by the delegated professional on the appointed date; if there is only one valid bid, the property is awarded directly, while in the presence of multiple bidders an auction starts among them from the highest bid, with mandatory minimum increments specified in the sale order.<\/p>\n\n\\n\n\n<p>The <strong>vendita con incanto<\/strong>, now residual, instead provides for open bids in increase from the base price, with an open dynamic of raises in the room. In the vendita con incanto, the award is initially provisional: under article 584 of the Italian Code of Civil Procedure, within the following ten days bids in increase of one fifth of the price may be submitted, triggering a second auction among the previous bidders and the new offeror.<\/p>\n\n\\n\n\n<p>The spread of <strong>online judicial auctions<\/strong>, governed by ministerial decree of 26 February 2015 no. 32, has made participation accessible from abroad without the need for physical presence: the bid is submitted via certified ministerial portals, with digital identification and electronic deposit payment. For non-resident clients this aspect is decisive, as it allows participation through a lawyer holding a notarial special power of attorney: <strong>the firm acts in such capacity on behalf of the non-resident client<\/strong>, handling bid filing and the bidding stage remotely, in close coordination with the professional delegated by the enforcement judge.<\/p>\n\n\",\"margin_bottom\":\"default\",\"margin_top\":\"default\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-right\",\"image_size\":\"height-1-1\",\"image_width\":\"800\",\"media_visibility\":\"s\",\"padding_bottom\":\"small\",\"padding_top\":\"small\",\"style\":\"secondary\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-5,4-5\",\"width\":\"large\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"1-5\"},\"children\":[{\"type\":\"icon\",\"props\":{\"icon\":\"album\",\"icon_width\":\"80\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"text_align\":\"center\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"4-5\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"How the process works: from property identification to award\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h2\",\"title_style\":\"h3\"}}]}]}],\"name\":\"Titolo col verde\",\"modified\":\"2021-12-01T11:57:12.393Z\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>The procedure for <strong>buying a property at auction in Italy as a non-resident<\/strong> is significantly more complex than an ordinary purchase: documents are all in Italian and technically specialized, deadlines are set by the court and do not allow delays, and certain checks standard in ordinary transactions are not always available at auction. For this reason the firm guides the client through a <strong>structured five-step path<\/strong>, each with precise legal safeguards.<\/p>\n\n\",\"margin_bottom\":\"large\",\"margin_top\":\"large\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"muted\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-2,1-2\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-2\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Step 1: Property identification and initial analysis\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h3\",\"title_style\":\"h3\"}},{\"type\":\"panel\",\"props\":{\"content\":\"\n\n<p><strong>Italian judicial auction properties for foreign buyers<\/strong> can be found on the official portals of the Ministry of Justice (Portale delle Vendite Pubbliche), on the telematic platforms of the territorially competent courts and on private aggregators such as astegiudiziarie.it.<\/p>\n\n\\n\n\n<p>For each property an information file is available, including the sale notice, the <strong>valuation report<\/strong> drafted by the technician appointed by the judge, mortgage and land registry searches, the urban planning destination certificate, any floor plans and photographs.<\/p>\n\n\\n\n\n<p>The firm selects, together with the client, the properties compatible with budget and investment plan, then conducts an initial legal review of the file.<\/p>\n\n\\n\n\n<p>The valuation report, although drafted by a professional, has a perimeter limited to what the surveyor was able to verify and does not cover all the profiles relevant to the buyer: <strong>an independent analysis is always required<\/strong>, in particular on planning irregularities, on encumbrances not automatically cancelled and on the property's occupancy situation. On this point the firm provides an autonomous assessment that is not limited to the documentary data, but reads the valuation report in light of the sale order and of the practices of the specific court.<\/p>\n\n\",\"content_column_breakpoint\":\"m\",\"content_margin\":\"medium\",\"image\":\"\",\"image_align\":\"left\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-4\",\"image_svg_color\":\"emphasis\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"title_align\":\"top\",\"title_element\":\"h3\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-2\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Step 2: Pre-auction due diligence\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h2\",\"title_style\":\"h3\"}},{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n\n\n\\n\n\n<p>The<span>\u00a0<\/span><strong>pre-auction due diligence<\/strong><span>\u00a0<\/span>is the most delicate stage of the entire path, because unlike ordinary purchases the successful bidder acquires the property in the factual and legal state in which it is found, with no possibility of renegotiating or withdrawing after the award.<\/p>\n\n\\n\n\n<p>The firm analyzes the mortgage and land registry situation, verifies planning compliance and the possible existence of remediable or non-remediable<span>\u00a0<\/span><strong>building irregularities<\/strong>, examines the continuity of registrations, assesses the presence of charges or restrictions not subject to cancellation by the transfer decree (some partial real rights, planning constraints, enforceable contracts). It also verifies the<span>\u00a0<\/span><strong>occupancy situation<\/strong>: whether the property is inhabited by the debtor, by third parties with an enforceable title or by parties without title, since each scenario entails different paths and timing for vacating.<\/p>\n\n\\n\n\n<p>In many cases physical inspection is not guaranteed, or is limited to narrow time windows agreed with the court-appointed custodian: for non-resident clients this is a critical point, as it prevents direct inspection of the property. The firm mitigates the risk by coordinating targeted visits with the custodian, supplementing the file documentation with checks at the Municipality, Land Registry and Cadastre, and producing a<span>\u00a0<\/span><strong>summary report<\/strong><span>\u00a0<\/span>that puts the client in a position to decide whether to proceed and at what maximum price.<\/p>\n\n\",\"margin_bottom\":\"default\",\"margin_top\":\"default\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-2,1-2\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-2\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Step 3: Bid preparation and auction participation\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h3\",\"title_style\":\"h3\"}},{\"type\":\"panel\",\"props\":{\"content\":\"\n\n<p>Once the bidding strategy is defined, the firm prepares the participation documentation: signed application, copy of the legalized <strong>special power of attorney<\/strong>, copy of the client's identity document and tax code, proof of deposit constitution.<\/p>\n\n\\n\n\n<p>The <strong>deposit is at least 10% of the offered price<\/strong>, as set by the sale order, and is paid, depending on the notice, by non-transferable banker's draft or telematic wire transfer.<\/p>\n\n\\n\n\n<p>The bid is irrevocable within the time limits provided by law: non-fulfilment of the obligations arising from the bid or from the award may result in <strong>total or partial loss of the deposit<\/strong>, in accordance with articles 571 and 587 of the Italian Code of Civil Procedure.<\/p>\n\n\\n\n\n<p>For <strong>online judicial auctions<\/strong>, the firm assists the client in the preparation and filing of the bid in accordance with the modalities provided for by ministerial decree of 26 February 2015 no. 32 and by the sale order, with digital signature and transmission via certified PEC.<\/p>\n\n\\n\n\n<p>On the auction day the firm participates in the client's name and on the client's behalf, via telematic connection, managing the raises within the maximum limit agreed in advance. In the generality of cases <strong>the client does not need to be physically present in Italy<\/strong> at any time during this stage, save for specific banking or anti-money laundering requirements: all activities are carried out through the power of attorney and remote coordination with the firm.<\/p>\n\n\",\"content_column_breakpoint\":\"m\",\"content_margin\":\"medium\",\"image\":\"\",\"image_align\":\"left\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-4\",\"image_svg_color\":\"emphasis\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"title_align\":\"top\",\"title_element\":\"h3\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-2\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Step 4: Award and balance payment\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h3\",\"title_style\":\"h3\"}},{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n\n\n\\n\n\n<p>Upon a favourable outcome of the auction, the delegated professional declares the property awarded and draws up the award report. From that moment the <strong>term for the balance payment starts, not exceeding 120 days from the award<\/strong> under article 585 of the Italian Code of Civil Procedure, save for any shorter term set by the sale order, in addition to ancillary costs (registration, mortgage and cadastral taxes, transcription and cancellation fees).<\/p>\n\n\\n\n\n<p>Payment must be made in accordance with the modalities indicated by the sale order and by the delegated professional, on the sole procedure account: failure to credit the correct account within the prescribed deadlines may result in <strong>forfeiture of the award<\/strong>.<\/p>\n\n\\n\n\n<p>Failure to pay the balance within the term has serious consequences: <strong>forfeiture of the award, loss of the entire deposit paid<\/strong> and possible liability for the difference in case of resale at a lower price.<\/p>\n\n\\n\n\n<p>If the successful bidder intends to finance the purchase with a mortgage, it is possible to make use of the <strong>ABI Convention<\/strong>, which provides for the disbursement of facilitated mortgage loans simultaneously with the issuance of the transfer decree, for an amount which may reach up to 80% of the award price.<\/p>\n\n\\n\n\n<p>The firm coordinates relations with the delegated professional, with the court registry, with the custodian and, where necessary, with the lending bank, so as to meet the deadlines and complete payment without margin for error.<\/p>\n\n\",\"margin_bottom\":\"default\",\"margin_top\":\"default\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"muted\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-2,1-2\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-2\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Step 5: Transfer decree and taking possession\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h3\",\"title_style\":\"h3\"}},{\"type\":\"panel\",\"props\":{\"content\":\"\n\n<p>Once the balance payment has been made and the applicable anti-money laundering obligations under <strong>legislative decree 231\/2007<\/strong> have been complied with, the enforcement judge issues the <strong>transfer decree (decreto di trasferimento)<\/strong>: this is the instrument that transfers ownership of the property to the successful bidder and produces the same conveyancing effects of an ordinary sale without the need for a notarial deed.<\/p>\n\n\\n\n\n<p>The decree also contains the order for <strong>cancellation of mortgages and seizures<\/strong> subject to cancellation under article 586 of the Italian Code of Civil Procedure, and constitutes title for the registration of the purchase and enforceable title for the release of the property.<\/p>\n\n\\n\n\n<p>The firm handles its registration at the Land Registry, the cadastral voltura and the cancellation of encumbrances. If the property is occupied, the firm promptly requests the release order and follows its execution through the court-appointed custodian, up to actual release and delivery of the keys to the client.<\/p>\n\n\\n\n\n<p>These are stages often underestimated by those who tackle the auction alone, because they may require time and persistence in the coordination with the court and the custodian: for non-resident clients they are simply <strong>impossible to handle without a stable legal presence in Italy<\/strong>. It is the point at which the value of qualified legal assistance reaches its maximum.<\/p>\n\n\",\"content_column_breakpoint\":\"m\",\"content_margin\":\"medium\",\"image\":\"\",\"image_align\":\"left\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-4\",\"image_svg_color\":\"emphasis\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"meta_align\":\"below-title\",\"meta_element\":\"div\",\"meta_style\":\"text-meta\",\"title_align\":\"top\",\"title_element\":\"h3\",\"title_grid_breakpoint\":\"m\",\"title_grid_width\":\"1-2\",\"title_hover_style\":\"reset\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-2\"},\"children\":[{\"type\":\"icon\",\"props\":{\"icon\":\"comments\",\"icon_color\":\"muted\",\"icon_width\":\"280\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"text_align\":\"center\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-right\",\"image_size\":\"height-1-1\",\"image_width\":\"800\",\"media_visibility\":\"s\",\"padding_bottom\":\"small\",\"padding_top\":\"small\",\"style\":\"secondary\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"layout\":\"1-5,4-5\",\"width\":\"large\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"1-5\"},\"children\":[{\"type\":\"icon\",\"props\":{\"icon\":\"album\",\"icon_width\":\"80\",\"margin_bottom\":\"default\",\"margin_top\":\"default\",\"text_align\":\"center\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\",\"width_medium\":\"4-5\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"Risks of buying at auction in Italy as a foreigner and how to avoid them\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_element\":\"h2\",\"title_style\":\"h3\"}}]}]}],\"name\":\"Titolo col verde\",\"modified\":\"2021-12-01T11:57:12.393Z\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>For foreigners, buying at an <strong>asta giudiziaria in Italy<\/strong> offers real opportunities, but entails specific risks that are amplified for those managing the operation from abroad. These are not abstract risks: they are <strong>concrete, recurring issues<\/strong> that the firm has seen materialize in every case in which the buyer underestimated the complexity of Italian procedure.<\/p>\n\n\",\"margin_bottom\":\"large\",\"margin_top\":\"large\"}},{\"name\":\"Description List Layout Stacked\",\"type\":\"description_list\",\"children\":[{\"type\":\"description_list_item\",\"props\":{\"content\":\"\n\n<p>The entire file (valuation report, sale order, planning and cadastral documents) is drafted in <strong>Italian legal and technical language<\/strong>. Machine translation cannot correctly render terms such as \u00abpignoramento\u00bb, \u00abiscrizione ipotecaria\u00bb, \u00abcondono in itinere\u00bb or \u00abconformit\u00e0 catastale dichiarativa\u00bb. The firm provides clients with a <strong>technically accurate and substantively reliable English summary<\/strong>.<\/p>\n\n\",\"title\":\" Italian-only technical documentation\"}},{\"type\":\"description_list_item\",\"props\":{\"content\":\"\n\n<p>The <strong>valuation report<\/strong> is not a clean bill of health: it is a snapshot of the property at the time of the surveyor's inspection. The firm supplements it with autonomous checks at the Municipality, the Land Registry and the Cadastre, and <strong>points out the issues the report does not detect or underestimates<\/strong>.<\/p>\n\n\",\"title\":\"Misinterpretation of the valuation report\"}},{\"type\":\"description_list_item\",\"props\":{\"content\":\"\n\n<p><strong>Non-remediable building irregularities<\/strong>, landscape constraints, cultural heritage constraints and encumbrances not cancelled by the transfer decree can turn a good deal into an unforeseen cost. The firm carries out direct enquiries with the competent Municipal Planning Office, the regional Soprintendenza and the Land Registry, compares the actual condition of the property with the filed building permits, assesses whether any irregularities can be remediated and at what cost, and <strong>reports to the client, before the bid, every constraint or encumbrance bound to survive the award<\/strong>.<\/p>\n\n\",\"title\":\"Planning irregularities and hidden constraints\"}},{\"type\":\"description_list_item\",\"props\":{\"content\":\"\n\n<p>Deadlines for balance payment, for filing the anti-money laundering declaration and for subsequent obligations are <strong>mandatory and only exceptionally extendable by the judge<\/strong>. From the outset of the engagement the firm builds a detailed operational calendar capturing every deadline, and handles directly the coordination with the court registry, the delegated professional and, where necessary, the lending bank, <strong>activating the banking and documentary steps on the client side well in advance<\/strong> to avoid imputable delays.<\/p>\n\n\",\"title\":\"Court-imposed deadlines\"}},{\"type\":\"description_list_item\",\"props\":{\"content\":\"\n\n<p>A <strong>special power of attorney<\/strong> drafted in a generic manner, lacking the specific powers for auction participation, not legalized or not correctly translated is <strong>rejected by the court registry<\/strong>. The firm drafts the text in compliance with the court's requirements and coordinates the foreign notary and legalization.<\/p>\n\n\",\"title\":\"Invalid power of attorney\"}},{\"type\":\"description_list_item\",\"props\":{\"content\":\"\n\n<p>If the property is <strong>occupied by third parties with an enforceable contract<\/strong> (registered and with a certain date prior to the seizure), release is not automatic. Before the bid the firm obtains the court-appointed custodian's report, reviews the existing occupancy titles and verifies their registration, certain date and term, estimates the likely time required for release, and, upon award, promptly files the <strong>release order petition under article 560 of the Italian Code of Civil Procedure<\/strong>, following its execution through the custodian up to the handover of the keys to the client.<\/p>\n\n\",\"title\":\"Occupied property\"}}],\"props\":{\"column_breakpoint\":\"m\",\"layout\":\"stacked\",\"list_element\":\"ul\",\"list_size\":\"large\",\"list_style\":\"striped\",\"meta_align\":\"below-content\",\"meta_style\":\"\",\"show_content\":true,\"show_link\":true,\"show_meta\":true,\"show_title\":true,\"title_color\":\"secondary\",\"title_element\":\"h4\",\"title_font_family\":\"default\",\"title_grid_column_gap\":\"small\",\"title_grid_row_gap\":\"small\",\"title_grid_width\":\"auto\",\"title_style\":\"h4\"}},{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p>For each of these risks <strong>the firm intervenes preventively<\/strong>, with checks, documents and procedural coordination: the goal is for the client to participate in the auction having taken an <strong>informed decision and never blindly<\/strong>.<\/p>\n\n\",\"margin_bottom\":\"large\",\"margin_top\":\"large\"}}]}]}]},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"muted\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"module\",\"props\":{\"menu_image_align\":\"center\",\"menu_image_margin\":true,\"menu_style\":\"default\",\"menu_type\":\"nav\",\"type\":\"builderwidget\",\"widget\":\"builderwidget-24\"}}]}]}],\"name\":\"Scenari tipici \/ Casi studio ENG\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-right\",\"image_size\":\"height-1-1\",\"image_width\":\"800\",\"media_visibility\":\"s\",\"padding_bottom\":\"small\",\"padding_top\":\"small\",\"style\":\"primary\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"props\":{\"width\":\"large\"},\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"padding\":\"none\",\"position_sticky_breakpoint\":\"m\",\"vertical_align\":\"middle\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"How Studio Legale Internazionale Boschetti can help you with property auctions in Italy\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_decoration\":\"bullet\",\"title_element\":\"h2\",\"title_style\":\"h3\"}}]}]}],\"name\":\"Titolo col verde\",\"modified\":\"2021-12-01T11:57:12.393Z\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"1-3\"},\"children\":[{\"type\":\"image\",\"props\":{\"image\":\"wp-content\/uploads\/2022\/11\/Schermata-2022-11-12-alle-11.18.36.jpg\",\"image_box_decoration\":\"mask\",\"image_svg_color\":\"emphasis\",\"image_width\":\"300\",\"margin_bottom\":\"default\",\"margin_top\":\"default\"}}]},{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\",\"width_medium\":\"2-3\"},\"children\":[{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p><strong>Studio Legale Internazionale Boschetti<\/strong>, through its Italy Visa Investments brand, offers <strong>end-to-end assistance for property auctions in Italy<\/strong> involving foreign buyers. We act as a law firm, <strong>not as a real estate agency or as intermediaries<\/strong>: we receive no commission from the procedure or from sellers, and our sole interest is the buyer's protection.<br \/>The service integrates the various skills required to approach a judicial purchase from abroad in a structured manner: search and selection of properties on ministerial portals and competent courts, reading of the valuation report and of the sale order, pre-auction due diligence on title, encumbrances, planning and occupancy, drafting of the special power of attorney, coordination with foreign notary and legalization, auction participation in the client's name and on the client's behalf, management of the award and balance payment, coordination with the ABI Convention for the mortgage where necessary, assistance up to the transfer decree, registrations, cadastral updates and actual taking of possession with release of the property.<\/p>\n\n\",\"margin_bottom\":\"remove\",\"margin_top\":\"large\"}}]}],\"props\":{\"layout\":\"1-3,2-3\"}},{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"text\",\"props\":{\"column_breakpoint\":\"m\",\"content\":\"\n\n<p><strong>All assistance is handled in English<\/strong>, Italian and other languages on request, and in the generality of cases the client does not need to be physically present in Italy before the award.<br \/>Our experience has been built within a structure that already assists international investors and premium relocation paths: this allows us to read the real estate operation within the broader framework of the client's project, integrating where relevant the <strong>immigration, tax and wealth planning dimensions<\/strong>, because a property auction is hardly ever an isolated operation. It is often the first piece of a life or investment project in Italy.<\/p>\n\n\",\"margin_bottom\":\"default\",\"margin_top\":\"default\"}}]}]}]},{\"type\":\"section\",\"props\":{\"id\":\"contatti\",\"image_position\":\"center-center\",\"style\":\"muted\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"middle\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"module\",\"props\":{\"menu_image_align\":\"center\",\"menu_image_margin\":true,\"menu_style\":\"default\",\"menu_type\":\"nav\",\"type\":\"builderwidget\",\"widget\":\"builderwidget-22\"}}]}]}],\"name\":\"Form contatti ENG 2026\"},{\"type\":\"section\",\"props\":{\"image_position\":\"center-center\",\"style\":\"default\",\"title_breakpoint\":\"xl\",\"title_position\":\"top-left\",\"title_rotation\":\"left\",\"vertical_align\":\"\",\"width\":\"default\"},\"children\":[{\"type\":\"row\",\"children\":[{\"type\":\"column\",\"props\":{\"image_position\":\"center-center\",\"position_sticky_breakpoint\":\"m\"},\"children\":[{\"type\":\"headline\",\"props\":{\"content\":\"FAQ\",\"image_align\":\"left\",\"image_margin\":\"xsmall\",\"title_decoration\":\"bullet\",\"title_element\":\"h3\",\"title_style\":\"h3\"}},{\"type\":\"accordion\",\"props\":{\"collapsible\":true,\"content_column_breakpoint\":\"m\",\"image_align\":\"top\",\"image_grid_breakpoint\":\"m\",\"image_grid_width\":\"1-2\",\"image_svg_color\":\"emphasis\",\"link_style\":\"default\",\"link_text\":\"Read more\",\"show_image\":true,\"show_link\":true},\"children\":[{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p><strong>All assistance is handled in English<\/strong>, Italian and other languages on request, and in the generality of cases the client does not need to be physically present in Italy before the award.<br \/>Our experience has been built within a structure that already assists international investors and premium relocation paths: this allows us to read the real estate operation within the broader framework of the client's project, integrating where relevant the <strong>immigration, tax and wealth planning dimensions<\/strong>, because a property auction is hardly ever an isolated operation. It is often the first piece of a life or investment project in Italy.<\/p>\n\n\",\"title\":\"Can foreigners participate in Italian property auctions?\"}},{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p>A valid identity document, the <strong>Italian tax code (codice fiscale)<\/strong>, proof of the deposit (at least 10% of the offered price, as set by the sale order) and the signed participation form. Non-EU citizens must additionally evidence a <strong>residence permit or reciprocity<\/strong>. Those participating from abroad through a representative need a <strong>notarial special power of attorney<\/strong>, apostilled or legalized, with sworn Italian translation.<\/p>\n\n\",\"title\":\"What documents does a foreigner need to participate in an Italian property auction?\"}},{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p>The <strong>enforced debtor<\/strong> (articles 571 and 579 of the Italian Code of Civil Procedure) and parties formally involved in the enforcement procedure on the creditor side are excluded. Non-EU citizens who cannot demonstrate a <strong>valid residence permit or the condition of reciprocity<\/strong> with Italy are also excluded. The firm verifies the client's eligibility as the first step of the engagement.<\/p>\n\n\",\"title\":\"Who is excluded from participating in Italian property auctions?\"}},{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p>The principle whereby a <strong>non-EU citizen may purchase property in Italy<\/strong> if Italian citizens may do the same in that country under equivalent conditions. For many states (US, UK, Switzerland, Australia) <strong>reciprocity is full<\/strong>; for others it is limited or excluded. The firm verifies the applicable status before any step on the property.<\/p>\n\n\",\"title\":\"What is the condition of reciprocity for buying at auction in Italy?\"}},{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p><strong>Planning irregularities<\/strong> or building abuses missed by the valuation, encumbrances not cancelled by the transfer decree, mandatory deadlines that cannot be extended, an <strong>invalid power of attorney<\/strong> rejected by the court, and an occupied property requiring lengthy release proceedings. For non-residents, the impossibility of managing these issues remotely without qualified legal support is itself the primary risk.<\/p>\n\n\",\"title\":\"What are the risks of buying property at auction in Italy?\"}},{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p>Yes. <strong>Online judicial auctions<\/strong> and a <strong>notarial special power of attorney<\/strong> enable remote participation without the client having to travel to Italy. The firm participates in the auction on the client's behalf via telematic connection, managing bid submission and raises within the pre-agreed maximum. In the generality of cases <strong>the client does not need to be present in Italy at any stage before the award<\/strong>.<\/p>\n\n\",\"title\":\"Can I participate in an Italian property auction from abroad without being present?\"}},{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p>Taxation depends on the seller and on the buyer. Purchases from individuals attract <strong>9% registration tax<\/strong> on the cadastral value (or 2% with first-home benefits), plus fixed mortgage and cadastral taxes. Purchases from VAT-registered companies are subject to <strong>VAT (4%, 10% or 22%)<\/strong> depending on the property category. The firm provides a tax estimate as part of the pre-bid analysis.<\/p>\n\n\",\"title\":\"What are the taxes on a property purchased at auction in Italy?\"}},{\"type\":\"accordion_item\",\"props\":{\"content\":\"\n\n<p>Yes. The <strong>ABI Convention<\/strong> (agreement between the Italian Banking Association and the courts) allows facilitated mortgage loans disbursed simultaneously with the issuance of the transfer decree, for up to <strong>80% of the award price<\/strong>. The firm coordinates with the lending bank within the 120-day balance payment term.<\/p>\n\n\",\"title\":\"Is it possible to get a mortgage to buy a house at auction in Italy?\"}}]}]}]}]}],\"version\":\"5.0.32\"} --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Real Estate Property auctions in Italy for foreigners A property auction in Italy for foreigners is a concrete opportunity for those who, from abroad, intend to invest in the Italian market: award prices are often significantly lower than the commercial value estimated by the court-appointed surveyor, and the spread of online judicial auctions has made [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"parent":5915,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-5710","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/pages\/5710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/comments?post=5710"}],"version-history":[{"count":64,"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/pages\/5710\/revisions"}],"predecessor-version":[{"id":5907,"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/pages\/5710\/revisions\/5907"}],"up":[{"embeddable":true,"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/pages\/5915"}],"wp:attachment":[{"href":"https:\/\/www.italyvisainvestments.com\/en\/wp-json\/wp\/v2\/media?parent=5710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}