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Help with IMU taxes and other yearly property taxes

Help with IMU taxes and other yearly property taxes

Old Feb 27th 2024, 6:21 am
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Default Help with IMU taxes and other yearly property taxes

Hi all, I am as fresh at they come to this forum and I need some help. I have spent hours trawlling the internet and still haven't come up with an answer, so I'm hoping that someone here maybe able to help.

My husband and I are buying a 2 bedroom small house in Abruzzo with a value of 45k euros, it will be our second home.

I am trying to work out what yearly taxes we will need to pay before jumping in head first and then panicking once we own the house on the monthly/yearly taxes.

Can anyone give me an indication as what I should expect. I know I need to find out the cadastral value of the property but I have no idea where to find it and my agent isn't being much help either.

Any help would be much appreciated and thank you in advance.
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Old Feb 27th 2024, 10:16 am
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Default Re: Help with IMU taxes and other yearly property taxes

I would consider it not a large amount, but it depends what you consider large.... You can calculate it here online, BUT you need the relevant information, there lies what I would consider a much bigger problem - the agent. Then again 45k is probably not a lot to the agent and hence the limited help/interest.
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Old Feb 27th 2024, 10:22 am
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Default Re: Help with IMU taxes and other yearly property taxes

Thanks for your reply.
Totally get what you're saying regarding the agent.

​​​​​​Do you think we'd be looking at a few hundred euros rather than it going into the thousands?
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Old Feb 27th 2024, 3:02 pm
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Default Re: Help with IMU taxes and other yearly property taxes

Things may have changed, but I doubt very much. I would hazard a guess at a lot less than €1000/yr. But it's likely your rubbish tax (TARI) will be the same addition again. Find your Comune website (use this or search) as they will have information on the rates, but you need the formal documents telling you exactly what you are buying, what it is classed at (each bit - Particella) and its value for IMU and other purposes. Hopefully Modicasa (who works as an agent there) will come along and correct me (if wrong), but it is important to have this documentation...
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Old Feb 27th 2024, 3:07 pm
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Default Re: Help with IMU taxes and other yearly property taxes

Thank you for your very informative response. I will make enquiries to try and get this information.
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Old Feb 28th 2024, 4:57 am
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Default Re: Help with IMU taxes and other yearly property taxes

Your IMU is based on the rateable value of the property which we/you dont know, so you need to look at your visura, proposta di acquisto or compromesso and it is the R.C. value in the property description. Your TARI (rubbish tax) is based on the square meters of your house minus 10 or 20% and that will be calculated by the comune and a bill sent. AS a second home you would get a 20/30% discount on that.
However a 2 bed house, that hasnt been re-accatastato recently - you'd be looking about 600 euros a year.
If the sellers are having to produce paperwork for the sale, and that involves new plans and backdated permissions, then your rateable value will undoubtedly rise and that may be why the agent is being reticent, because he cannot tell you how much the taxes will be until the accatastamento is done.
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Old Feb 28th 2024, 9:49 am
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Default Re: Help with IMU taxes and other yearly property taxes

TBH there are probably people who have lived in Italy for years and even Italians themselves who have no idea how their property taxes are calculated TBH
I lived in Italy for eight years and I had no clue and you had to get a commercialista to calculate it for you so a lot of people never bothered.I recall one year when Prodi was in charge he instructed Communes to check and collect outstanding taxes.I got a bill for about €20 back taxes but whilst I was waiting in line to find out why the elderly Italian in front of me was doing his best to justify why he had paid nothing for 35 years !!!!
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Old Mar 6th 2024, 7:15 am
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Default Re: Help with IMU taxes and other yearly property taxes

That's crazy!!!

Well after a week of negotiations and still no clearer on the IMU situation, and ending up in a bidding war with another couple, our offer finally got accepted last night.
Let the fun and games begin 😉
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