Otranto, Italy
Otranto, Italy
Guide Price
$167,400
€155,000 EUR
PROPERTY TYPE
Condo
BEDROOMS
1
BATHROOMS
1
Description
Rif:MR (122707390) - Il Gruppo Ricercato Immobiliare ha il piacere di proporre in esclusiva la vendita di un grazioso appartamento a Otranto, precisamente in Via Santa Chiara D' Assisi a soli 700 mt dalle acque cristalline, sabbia dorata e calette nascoste della meravigliosa Otranto. La soluzione proposta è posta al primo piano sprovvisto di ascensore e si presenta in ottime condizioni abitabile da subito. Costruita nel 1990 sviluppa una metratura di circa 60 mq ed è attualmente suddivisa nel seguente modo: ingresso/soggiorno con angolo cottura a vista con camino, possibilità di accesso diretto al balcone, disimpegno che conduce alla zona notte caratterizzata da una camera da letto matrimoniale e un bagno con box doccia e finestra. Completa la proprietà un comodo box auto al piano -1 di circa 15 mq Questo appartamento è la scelta perfetta per chi cerca una soluzione vicino al mare o per chi desidera un investimento sicuro in una delle località più belle della Puglia. Con i condizionatori caldo/freddo ogni stagione sarà piacevole. Non perdere l'occasione di vivere in questo angolo di paradiso!
- Classe: G - IPE: 175.00 kWh/mq anno
Location
Open in Google MapsLiving in Otranto
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
Gruppo Ricercato Immobiliare
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