Buying Property In Summer
Owning a property in Italy is a dream for many people. Taking advantage of the summer holidays, many come here to scout for properties.
While going around and visiting homes can be an enjoyable summer activity—especially for those who don’t fear the heat or mind temperatures reminiscent of the Sahara—buying in summer presents its own set of challenges.
Here are some tips and pieces of advice you may want to keep in mind:
1. Limited Availability of Professionals
First of all, bear in mind that in summer, many Italians are on holiday and prefer the beach over business. As a result, agents, geometras, architects, lawyers, and notaries may be on annual leave or working at reduced capacity. You may not have the support you need when you need it.
Tip: Don’t commit to buying when the professionals who should assist you are unavailable—or would rather be sunbathing.
2. Pressure from Estate Agents
Some estate agents still working during summer may be eager to close deals before their break. They might pressure you to sign an offer quickly. Often, just signing the offer secures their commission—from both you and the seller—regardless of whether the deal is finalized.
Tip: Don’t be impatient. Think twice before signing anything, especially without legal assistance.
3. False Impressions from Summer Visits
Visiting places in summer may give you a misleading impression. Summer destinations might feel lively, joyful, or overcrowded; towns, in contrast, may seem unusually quiet.
Tip: Visit your desired area during different seasons. Summer destinations may feel too quiet off-season, and towns might seem too chaotic when back in full swing.
4. Delays in Finalizing the Sale
Let’s say the property is perfect, and you don’t need to make your offer conditional on anything. You’re even willing to pay the agent’s commission as soon as the offer is accepted, long before the deal is finalized. That all sounds great—until you realize you can’t find a notary to complete the transaction, and you’ll have to wait until September. Meanwhile, what if you stumble upon an even better property during your summer explorations—after you’ve already paid the agent’s fee?
Tip: Don’t rush into making an offer.
In conclusion: Use the summer to visit, explore, and experience the flavour of Italy. But be cautious if you’re seriously considering making an offer.
That said, enjoy Italy!
This article is not exhaustive and is a guidance only.
If you need help with buying property in Italy, do not hesitate to get in touch.
Barbara De Benedittis Relocation and Legal in Italy