Back to Savignano sul Panaro, Italy

Savignano sul Panaro, Italy

Savignano sul Panaro, Italy

Guide Price

$102,600

95,000 EUR

PROPERTY TYPE

house

BEDROOMS

5

BATHROOMS

4

Savignano sul Panaro, Italy - Photo 2
Savignano sul Panaro, Italy - Photo 3
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Description

Rif:ms726 (61121996) - Savignano sul Panaro - Loc. Formica - Ad un solo km dal centro di Vignola, in strada residenziale chiusa e ben servita, FABBRICATO INDIPENDENTE in sasso e pietra DA RISTRUTTURARE O RICOSTRUIRE EX-NOVO sviluppato su 2 livelli ed attualmente composto da: - Piano terra; * MQ 233 di Magazzino - Laboratorio - altezza 3.00 mt (convertibile ad abitativo) * MQ 12 di autorimessa staccata dal corpo fabbricato - MQ 155 area cortiliva scoperta (il lotto è di 400 mq) - Piano primo; * MQ 138 di Fienile con splendido coperto in legno - altezza 3.95 / 6.00 mt * MQ 90 di terrazzo * MQ 57 di eventuale SOPPALCO ricavabile sfruttando le altezze del fienile Il fabbricato può prevedere un massimo di 1 unità abitativa. Contattateci telefonicamente al ##### per maggiori informazioni - Immobile non soggetto all'obbligo di certificazione energetica

Location

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Living in Savignano sul Panaro

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
See all Italy listings

Italy at a glance

How Italy scores for American expats

💰Cost of Living
Moderate
🛡️Safety
Very safe
🗣️English Spoken
Rarely
🏥Healthcare
Excellent
🌬️Air Quality
Moderate
📶Internet
Moderate
🚶Walkability
Very walkable
🚇Transit
Excellent

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

EVOX CRESPELLANO

Next steps for moving to Italy

Interested in this property? Here's how to move forward.

1

Understand the buying rules

Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.

2

Sort out your visa

Owning property doesn't give you the right to live there. Research residency options before you buy.

3

Plan your finances

Understand currency risk, international wire transfers, and whether you can get a local mortgage.

4

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.

5

Set up healthcare

Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.

6

Run the full checklist

Banking, mail forwarding, power of attorney, pet import rules — the complete pre-move checklist.

Source

Subito.it

Portal listings

Currency

EUR