Italy apartment Move-in ready

1 bedroom apartment, 52 m² Floridia, Syracuse (province)

Floridia, Sicily, Italy

€41,000

1 bedroom apartment, 52 m² Floridia, Syracuse (province)

Key facts

Bedrooms
1
Bathrooms
1
Interior
52 m²
Land
1 m²
Type
apartment

Features

  • Move-in ready

About this property

YOUR INVESTMENT IN FLORIDIA, WITH ADDED VALUE: A LARGE PANORAMIC TERRACEFLORIDIA - An investment property already generating income, with a panoramic terrace and city views.There are properties that are purchased simply to generate income. And then there are properties that, in addition to representing an investment, offer characteristics capable of making them interesting over time.This attic of approximately 52 square meters in the land registry, located on the sixth floor of a building from 1993, belongs to this second category.The apartment is in good condition and is characterized by functional and well-distributed rooms: habitable kitchen, bedroom, bathroom and further living spaces, for approximately 46 square meters of walkable space.Natural light, favored by the east exposure, accompanies the rooms throughout the day, while the characteristic wooden roof gives the attic a warm and welcoming atmosphere.But the real distinguishing feature of the property is on the outside.A TERRACE TO LIVE INA large panoramic terrace offers a pleasant view of the city of Floridia and represents a valuable space to live in throughout the milder period of the year.Breakfast outdoors, dinner with friends, a moment of relaxation at sunset: an environment that adds value and livability to a property of contained size.The property also has independent methane heating, while condominium expenses are particularly contained, amounting to approximately 39 euros per month.AN INVESTMENT ALREADY GENERATING INCOMEAnother important strength?The property is already rented.This means being able to purchase a property that already has rental income, avoiding the times and uncertainties related to finding a new tenant.A particularly interesting solution for those who wish to diversify their assets, purchase a property to generate income or simply invest in the real estate market with a property with characteristics difficult to replicate.WHY CONSIDER IT?? Property already rented? Panoramic terr

Location

Approximate location based on the listing's town. Confirm the exact address with the agent.

How to buy this property

Typical process in Italy — 2–4 months from accepted offer to keys. Tell us where you're buying from:

What's different for you

  • If this will be your main home (and you’ll be resident in that comune within 18 months), the “prima casa” rate cuts registration tax from 9% to 2% of the cadastral value.
  • A main home is also exempt from the annual IMU property tax.

What's different for you

  • No restrictions. You need a codice fiscale (tax code), which is free and quick to get from a consulate or the Agenzia delle Entrate.
  • As a second home you’ll pay 9% registration tax on the cadastral value and annual IMU (around 0.86–1.06% of the revalued cadastral value).
  • If you move here and become resident within 18 months, you can claim the 2% prima casa rate.

What's different for you

  • Italy applies “reciprocity”: you can buy if Italians can buy in your country. UK, US, Canada and Australia all qualify, and the notary confirms this.
  • Owning property doesn’t give you a visa. Living here needs an elective residence visa or similar, otherwise you are limited to 90 days in any 180.
  • Italian mortgages for non-EU non-residents are rare and capped at about 50–60% loan-to-value. Most buyers pay cash or borrow at home.
  • The notary must be sure you understand the deed. If you don’t speak Italian, a sworn translator and an English version are required (budget about €500–€1,000).

Next steps

  1. 1

    Get a codice fiscale

    1 day – 2 weeks

    Every buyer needs an Italian tax code before signing anything. It’s free from an Agenzia delle Entrate office or an Italian consulate.

    For you: You already have one — skip ahead.

  2. 2

    Written offer (proposta d’acquisto)

    1–2 weeks

    A written offer, usually with a deposit cheque. Once the seller accepts it, it becomes binding on both sides, so get the survey checks underway first or make it conditional.

  3. 3

    Survey and compliance checks

    2–6 weeks

    A geometra (surveyor) checks that the building matches the cadastral plans and the planning permits (conformità urbanistica e catastale). Your lawyer checks title and debts.

  4. 4

    Preliminary contract (compromesso)

    2–6 weeks after the offer

    You pay a deposit of 10–30% (caparra confirmatoria). If you pull out you lose it; if the seller pulls out they pay double. The contract must be registered within 20 days.

  5. 5

    Rogito at the notary and keys

    1–3 months after the compromesso

    You sign the final deed before the notary, pay the balance and the taxes, and get the keys. The notary then registers the transfer.

    For you: You can sign through a power of attorney (procura) made at an Italian consulate abroad.

    For you: You can sign through a power of attorney (procura) made at an Italian consulate abroad.

Buying costs on €41,000

Registration tax (imposta di registro)

9% of the cadastral value (2% for a main home)

The cadastral value is usually well below the market price (often 10–60% of it), so the real cost is typically 1–5.5% of the price. Buying from a developer means 10% VAT on the price instead.

€410–€2,255

Estate agent fee (buyer’s share)

2–4% + 22% VAT

In Italy both the buyer and the seller usually pay the agent.

€984–€2,009

Notary

≈ €2,000–€5,000

Plus about €100 in fixed mortgage and cadastral taxes.

€2,000–€5,000

Geometra survey and lawyer (recommended)

≈ €1,500–€4,000

A sworn translator for non-Italian speakers adds about €500–€1,000.

€1,500–€4,000
Estimated total on top of the price €4,894–€13,264

Pitfalls to watch

  • Unregistered works (abusivismo): extensions, pools or converted outbuildings that don’t match the cadastral plans can stop the sale or need a costly amnesty. Get the geometra report before the compromesso.
  • The proposta becomes binding once accepted. Don’t sign one “to hold the house” unless you’re prepared to go through with it.
  • Rural houses: check road access (servitù di passaggio), the water source (mains or a well) and the septic system. Many cheap farmhouses have none of these sorted.
  • “€1 houses” come with a binding renovation commitment (often 1–3 years) and a guarantee deposit. Budget for the full renovation, not the €1.
  • Seismic risk: much of central and southern Italy is in high-risk earthquake zones. Check the zone, and whether the building has been seismically improved.
  • Declare the full price in the deed and never pay part in cash — it’s illegal and voids your protections.

General guidance, last reviewed October 2026 — not legal or tax advice. Rules change and every purchase is different, so confirm with an independent local lawyer or notary before you sign anything.

Buying property in Italy

Read our complete guide — fees, visas, taxes, and everything overseas buyers should know before making an offer in Italy.

Read the Italy buying guide