FUNDING
Italian banks lend mortgages
- also to foreigners- that are worth up to eighty percent of the estimated
value of the property. The higher the estimate, the higher the loan. We
work with a number of registered valuers who not only use the rigid criteria
of the Italian market but also take account of the market value of such
property for foreigners. Italian banks also give loans for rebuilding or
renovation that often cover the whole of the estimated costs. A binding
estimate by a surveyor is then normally required. Our surveyors are well
versed in this task.
We must nevertheless urge
you to first ask a bank or building society in your own country for advice
on mortgages. But the Italian model, i.e. mortgages taken out in
Italy that are denominated in foreign currency has also been successfully
tried and tested.
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