Formigine, Italy
Formigine, Italy
Guide Price
$453,600
€420,000 EUR
PROPERTY TYPE
Condo
BEDROOMS
5
BATHROOMS
2
Description
La Tempocasa di Formigine propone in esclusiva un'interessante opportunità immobiliare situata nel centro di Magreta, frazione ben servita e strategicamente collegata al territorio modenese. L'immobile, indipendente e di ampie dimensioni, si compone di due appartamenti residenziali, entrambi di circa 110 mq.Gli appartamenti, attualmente da ristrutturare, offrono spazi generosi e una distribuzione interna flessibile, perfetta per essere personalizzata secondo le proprie esigenze abitative. Ideali per una famiglia numerosa, per due nuclei familiari, oppure per chi desidera realizzare una soluzione abitativa con annesso studio o attività ricettiva. Al piano terra troviamo un locale commerciale completamente ristrutturato nel 2008, della superficie di circa 195 mq, dotato di ingresso indipendente e vetrina su strada. Questo spazio, già pronto all'uso, rappresenta un'ottima occasione per imprenditori, liberi professionisti o per chi vuole avviare un'attività commerciale in una posizione centrale e visibile. A completare la proprietà troviamo locali cantina e un ampio spazio esterno di proprietà, utile come area verde, cortile o per la realizzazione di posti auto riservati. Caratteristiche principali: * Posizione centrale a Magreta, comoda a tutti i servizi * Due appartamenti da 110 mq ciascuno * Locale commerciale ristrutturato (195 mq) * Spazi accessori: cantine e area esterna privata * Ideale per investimento, famiglie numerose o attività mista (residenza + lavoro) Soluzione per
Living in Formigine
Espresso at the bar every morning, pasta made the way your grandmother wished she could, and a culture that treats every meal, every sunset, and every conversation as something worth lingering over.
Visa
Digital Nomad Visa — requires remote work for foreign clients/employers, min €28,000/yr net income, and 6 months work experience. Valid 1 year, renewable. Elective Residence Visa — for retirees and those with passive income (€31,000/yr minimum, no work allowed). Both offer a path to long-term residency.
Learn more: The Complete Guide to Moving to Italy→Key Fact
Italy launched its digital nomad visa in 2024, making it much easier for remote workers than the old elective residence route. Italian bureaucracy is notoriously slow (3-6 months processing), so patience and a good immigration lawyer are essential.
Learn more: Can Americans Buy Property Abroad? Rules by Country→Italy at a glance
How Italy scores for American expats
Cost of buying in Italy
Estimated fees and ongoing costs for this property
Closing Costs
7-12% of purchase price
- ·Registration tax: 2% (primary) or 9% (second home)
- ·Notary: €2,000-5,000
- ·Cadastral tax: €50
- ·Agent: 3-4% + VAT
Annual Costs
Property Tax
0.4-0.76% of cadastral value (IMU — not on primary residence)
Insurance
€200-500/yr
HOA / Condo Fees
€50-200/mo for apartments (spese condominiali)
Good to Know
Agent Fees
Buyer pays own agent (3-4% + 22% VAT)
Foreign Buyer Note
Reciprocity requirement — Americans can buy freely (US-Italy treaty). Codice fiscale (tax ID) required. 9% registration tax on second homes is significant.
Legal help in Italy
Hire your own attorney — not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Italy?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer — yours.
Contact Agent
Tempocasa Studio C.F.M. Sas
Next steps for moving to Italy
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.
Subito.it
EUR