Updates On Travel To Italy

Volterra
Volterra
Volterra
Volterra

Ciao Amici!

While we continue to wait for Italy and all of Europe to open up, we do get dribs and drabs of information.  Someone on the “Living in Italy” Facebook page posted this update and I thought you would find it helpful. It is from the Minister of External Affairs and International Cooperation.

I basically copied and translated it for you here. You can see the website in Italian at the above link.

“06/15/2020 COVID-19: WHO has classified COVID-19 as a “pandemic” since 11 March. To limit their spread, restrictive measures have been gradually adopted on a global scale since January 2020 (suspension of air traffic, ban on entry, refoulement* at the border, compulsory quarantine, health checks). Based on art. 6 of the Prime Ministerial Decree of 11 June 2020, travel to / from EU Member States, Schengen States Parties, the United Kingdom, Andorra, Monaco, San Marino and Vatican City are not subject to restrictions. Travel to these countries is therefore also allowed for tourism. Before departure, it is always necessary to check any restrictions on entry in force in the country where you want to go. This information is available on the country sheets of Viaggiare Sicuri and on the websites of the Italian embassies and / or consulates of the countries of interest. The return to Italy from the listed countries is allowed without limitations, without prejudice to any restrictive measures provided for specific areas of the national territory.

Until 30 June, 2020, travel to/from States and territories other than those listed is FORBIDDEN, except for proven work, absolute urgency or health needs. In any case, it is allowed to return to your home or residence.

Those who return to Italy from States and territories other than those listed, or who have stayed there in the 14 days prior to arrival in Italy, must still complete a specific SELF-CERTIFICATION ON THE REASONS FOR THE TRIP,  must undergo fiduciary isolation for 14 days and CANNOT use public transport other than that used to enter Italy (for example, on arrival to Fiumicino by plane you cannot take the train to the center of Rome or to any other destination).

Airport transit is allowed: those who enter Italy by air can take another plane to any national or international destination. Car rental and the use of taxis or rental with driver is allowed. “

Truthfully we won’t know when Italy opens for other than the countries listed above until they do. Until then we wait…

Pete and I will keep you as updated as possible.

I hope this helps!

*non-refoulement refers to the generic repatriation of people, including refugees into war zones and other disaster locales.

Calabria Joins The Ranks Of The 1 Euro Italian House Program

1 Euro Italian House
Italian Balcony

Ciao Amici (Friends!)

Chris here from Super Savvy Travelers!” And in the last few weeks over 200,000 of you have heard that phrase on our Super Savvy Youtube channel. 
Thank you! It has been a pleasure being in communication with you all!

Honestly the 1 Euro Italian House trend has just gotten bigger and bigger. A couple of weeks ago, I swore to you that there were none in Calabria that I could find.

Well, it appears that Mayor Michele Conia has risen to the challenge and made 1 Euro Italian houses available in his community of Cinquefrondi.

Cinquefondi literally translates to “Five Fronds” and the village is named for the fact that there were five separate communities of Greek and Byzantine origin that all came together and formed one community during the Middle Ages.

1 Eur italianhouse
Ancient Italian House

Cinque Frondi is located on the bunion of the boot that is the Italian Peninsula. It rides along the crest of the Aspromonte Mountains and affords access  to the sea on both sides.

1 Euro House Cinquefrondi
Cinquefrondi

Mayor Michele, along with many other mayors in the region have been attempting to reverse the depopulation of their towns and villages due to the exodus of young people who have had to leave and look for work in the more populated areas.

He has christened his repatriation project, “Operation Beauty”  and we whole heartedly support him in his efforts.

Cinquefrondi has also advertised the fact that it is a “Covid Free” community in that they were able to side step the COVID virus completely.

In fact, much of Calabria was able to escape the ravages of this virus by shutting down quickly and keeping a close eye on it. I have heard that there was not a single case of COVID in our village of Santa Domenica Talao either so well done to all of our mayors and city leaders in Calabria! You guys did great!

Here is a map of where we are n Santa Domenica Talao for comparison.

Santa Domenica Talao map
Santa Domenica Talao; Riviera Dei Cedri

Now let’s go over some facts about the 1 euro Italian house programs.

Normally if you elect to purchase a 1 Euro Italian house, you have to have a 5,000 Euro deposit. In addition if you do not complete the renovations within 3 years, you will be facing a fee of 20,000 Euros.

In Cinquefrondi, the 5,000 Euro deposit is waived but they ask you to purchase an insurance policy in the amount of 250 Euros per year until the works are complete.

The 20,000 Euro fee is in also effect in Cinquefrondi if the works are not completed in three years.

So it appears that the community has tried to sweeten the pot dramatically in order to bring people in.

Maratea
Ancient house in Maratea Centro Storico

That said, is a 1 Euro Italian house for you?

In addition to the factors listed above, there are other factors you need to consider.

  1. The houses available for 1 Euro in Cinquefrondi are very old and are located in the ancient part of the city.  These ancient houses lean on each other. What happens to the structural integrity of the building as a whole? Can you fortify your house so that it doesn’t fall if the others never get renovated?
  2. Does the housing market in Cinquefrondi support a renovation cost of 10-20K Euros that it will cost to renovate one of these places.
  3. How can you protect yourself if the builders get backlogged and it takes longer than there years to renovate?

None of these questions are designed to put you off the 1 Euro houses but merely to have you take a look and see if this will work for you.

In any case I would definitely run everything by an attorney because he will know what questions to ask and what points to clarify in a contract.  We highly recommend Nic Metta at Studio Legale Metta for this purpose.

This may be the deal of the century for you so check it out thoroughly!

Now I want to give a shout out to Dave and his Youtube channel Dauv0. Dave is in Mussomelli (Messina) Sicily and has his finger on the pulse of everything about 1 Euro houses all over Italy. We will be teaming up with Dave for some really fun and exciting projects so stay tuned to both of our channels. You are going to love it!

If you are looking for a 1 Euro Italian property. You need to watch our video on the subject. This will give you the truth abut 1 Euro Italian houses.

AND if you are looking at purchasing a property in Italy and/or moving there you MUST study our online video course and Ebook. It gives you EVERYTHING you need to know about purchasing a home and/or moving to Italy.

You can also get your personal Move to Italy Action Plan/Checklist here.

Free Action Plan/Checklist
Free Action Plan/Checklist

Caio!

Chris

Everything You Need To Know About Purchasing Your Italian House

Purchase property in Italy

Everything, EVERYTHING You Need To Know About Buying Property (For As Little As 1 Euro) And Moving To Italy; Avoid The Pitfalls That Could Cost You Your Dream!

Ciao Friends!

Congratulations on your plan to purchase property in Italy. The rise in popularity of the 1 Euro Italian houses has enticed many people to start looking at making the dream of owning property and possibly living in Italy a reality.

BUT There are so  many possible pitfalls!

You are dealing with a completely different property purchase process, a completely different building and renovation model, you don’t know the language and worse yet, you don’t know what questions to ask your attorney and tax specialist. And having them educate you can be hugely expensive.

As you may know, I have literally done YEARS worth of research on purchasing properties not only in Italy, but also in Spain, Greece and other European countries. With my husband, I have successfully bought and renovated several properties in Southern Italy.

In my experience as a real estate expert, here are just a few mistakes I have heard, read about or experienced myself in various different countries:

*When we were first looking at properties, we were approached with an offer to purchase a property for 120,000 Euros. 10 years later that property NEVER got built. Had we paid, we would be out 120,000 Euros.
(POSSIBLE LOSS 120,000 Euros)

*A person recently came to me with an offer to purchase an apartment for 10,000 Euros. The contract turned out to be a rental contract that guaranteed the BUYER ongoing fees! She would not have owned the property at all!
(POSSIBLE LOSS 10,000 + 1400 Euros per year + other possible fees as yet undetermined!)

*A property “renovated” by a friend of the agent that was completely messed up. That property is STILL on the market 10 years later for almost half of what the buyer paid to renovate it.
(POSSIBLE LOSS 100,000 Euros)

*A property in Spain where the buyer purchased and moved in, only to find that the builder had not gotten the required permits and the place was torn down. Of course, the builder was long gone.
(ACTUAL LOSS  325,000 Euros)

Obviously this is only a partial list of the pitfalls I have seen.
And without someone who knows and has been through the process to guide you through it, you could make some very expensive and heartbreaking mistakes.

Since purchasing our house in Italy has been such a life changing event, we want to be able to share our knowledge so that you can avoid the pitfalls and obtain your dream.

For that reason Pete and I have gotten down to some intense research and answered every question we could possibly think of. Then when we were almost done we asked for YOUR questions so we could be sure we addressed EVERYTHING you needed to know.

We also had to pull in all of our experts from the legal, real estate, and economic fields so that we could be sure of giving you the correct data.

And we did it!

Welcome to “Everything, EVERYTHING You Need To Know About Buying A Property And Moving To Italy; Avoid The Pitfalls That Could Cost You Your Dream” online course and Ebook!

This online course is designed to be light but also packed with vital information. The Ebook can be printed out and tabbed, highlighted and notated so that you know EXACTLY what to ask you legal and tax specialist so you save time and money getting EXACTLY the advice you need from them.

And since our passion is to help others find their dreams, we purposely priced this offer at LESS THAN YOU WOULD PAY FOR HALF AN HOUR WITH YOUR ATTORNEY.

Attorneys and tax professionals are vitally important but they can be expensive if you don’t know what questions to ask them.

We knew you would love this course but that you also would want to know how to book your perfect BNB for your property viewing trips.

Staying in a hotel is not an option because you won’t get a feel for what it is like to live in a town or village unless you LIVE there even for a short time. So we created “Your Guide To Finding The Perfect BNB For Your Property Viewing Trips” Ebook. This little gem helps you create your viewing trip experience so that it matches as closely as possibly your actual living experience so you can make the best choices possible.

This Ebook is a FREE GIVEAWAY that comes with your course.

AND since we know that finding your perfect property takes time and that you may spend way too much time filtering through properties that will not work for you on real estate websites, we created your “Find My Property Dream Checklist” Which ALSO COMES FREE with your course!

With all this area information we feel that we will send you out into the world of Italian real estate armed and ready for anything!

And all for less than half an hour with your attorney!

Click here for details on how to get this vital package of information!

And write us with any questions you might have! And subscribe to our Super Savvy Travelers Youtube channel because we will be continuing to post super valuable content for those looking for properties or who just love Italy!

Happy House Hunting! We will see you in Italy!

XO Chris and Pete; Super Savvy Travelers, LLC

More Truth About 1 Euro Italian Houses

Italian hill town
Italian hill town

Ciao Amici!

A couple of days ago I was searching online for more 1 euro Italian houses for my online course. I have created a special Ebook that tells you where to find them!

But I noticed that there were not many at all in Calabria so I asked our town architect and historian, Antonello Lucchesi if there were any and he sent me back some very interesting information. Antonello deals with sales and technical assistance for notarial deeds as well as handling renovations and designing beautiful houses.

Italian hill town

Here is what he had to say about it:

In Italy, the houses and land are registered in the land registry and they are identified with a number on a map.

Each home has a value which is multiplied by 126 (which is the coefficient or factor for non-residential houses in Santa Domenica Talao) and this gives a value.

This value MUST be declared in the deed of the notary, proving that payment was made by bank transfer or check for taxes to be paid to the State based on that value.

In the event that these taxes are not paid and the minimum value is not declared, the Office called the Revenue Agency can carry out a tax assessment asking to pay the unpaid taxes plus penalties and interest.

Antonello brings this to our attention so that we understand it and take it into consideration when looking at a 1 Euro Italian property, or any property, and that there are tax consequences.

While Santa Domenica Talao a supply of ruins, they are not valued at zero with the above formula so this has to be considered in the asking price of the house.

Antonello let me know that many of the houses in Santa Domenica Talao have been listed on agency websites but that none are exclusive listings. He can offer any of them at any time.

He has suggested that we work together to bring you videos and photos of these properties so that you can have a realistic idea of what they look like.

Antonello can provide floor plans and even renovation suggestions and estimates with the local builder. I think this is a great idea and we will be working on this when we arrive back in Italy.

So this is why you don’t see 1 Euro properties everywhere. It is also something ask about if you do purchase one of these properties.

I hope this helps!

XO Chris