When is it better to invest in residential property?
Avoid investing in rental apartments in cities where rental demand is low. My advice is to do it in centers with valid poles of interest which can be tourist attraction such as Sanremo for example
Buying a house to rent it using the first home subsidy
If you want to buy a house to rent it, you can also use the first home subsidy. You do not lose the tax advantages if you keep your residence in the municipality where you bought it, even if in another property.
However, you lose the opportunity to take advantage of the dream home subsidy if you don’t sell the one you bought first and if you do it before the age of 5, you pay a lot of taxes.
I advise you to keep the first home purchase separate from investment purchases, except for specific needs.
How much to pay for the house
You have to pay the useful price to obtain a minimum profitability of 5% gross annual and now I’ll explain how to do the calculation.
Start from the rent that you are sure you will be able to receive once rented, let’s say it is €700 per month.
700 x 12 months = €8400 gross per year from which you will then have to subtract taxes such as dry coupon or personal income tax and obviously the costs for unexpected maintenance
To calculate gross profitability at 5% you will need to apply this rule:
(Annual fee x 100)/5 or = €168,000 which is the maximum investment to make based on the fee that you can obtain.
This sum must contain:
Cost of the house
Registration, mortgage and cadastral taxes
Notarial deed and mortgage deed
If you take out a loan, you will also pay interest
Restructuring and/or adaptation of systems if necessary
I have just eliminated 85% of the market offer, at least in cities like Bologna,
know that it will not be easy to find the right home. The true calculation of profitability is more complex, but if you follow this rule you have already made a big step forward.
Where it is convenient to buy a house to rent it
For traditional rents, cities with more than 50,000 inhabitants are always better than small towns, for example? SAN REMO.
In general, I advise you to invest in places that guarantee continuous profitability over time and not temporary or seasonal ones. In the next paragraphs, however, I will tell you about the various opportunities.
![olorful houses on a beach by the sea in Liguria.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/properti-in-italy-300x143.jpg)
![Stone cottage with a garden and pool in Liguria.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/aerial-view-300x166.jpg)
![A sunset over the sea with silhouettes of palm trees and buildings on the horizon in Sanremo, Italy.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/evening-italy-300x165.jpg)
![Colorful houses by the sea in Liguria, Sanremo](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/italyan-properties-300x165.jpg)
![olorful houses on a beach by the sea in Liguria.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/properti-in-italy-300x143.jpg)
![Sanremo streets panoramic view with people and palm trees.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/houses-in-sanremo-300x165.jpg)
![Colorful houses on a cliff by the sea in Liguria.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/image_sea-300x119.jpg)
![Colorful old houses on a in Liguria, Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/italy-real-estate-300x166.jpg)
![Sunny colorful houses on a cliff by the sea in Liguria, boats on the water.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/italy-real-estate-1-300x166.jpg)
![Sanremo seafront promenade wideview](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/it-sanremo-city-300x104.jpg)
![Colorful houses by the sea in Liguria, fishing boats at the pier in Liguria.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/liguria-guide-italy-300x203.jpg)
![A panoramic view of the seafront promenade and the sandy beach of Sanremo, a popular tourist destination on the Italian Riviera.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/liguria-italy4-300x184.jpg)
![Sanremo seafront promenade in the morning.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/liguria-italy-ligurian-sea-kamoli-liguriia-camogli--300x188.jpg)
![A large house with a terrace and a stunning sea view, pool and palm trees in Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/villa-sanremo-fontane-bianche-exterior-300x227.jpg)
![A large house between trees on a cliff with stunning sea view in Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/sanremo-italy-1-300x204.jpg)
![A colorful row of houses with stone bridge over the sea in Liguria, Italy.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/sanremo-italy-300x188.jpg)
![A cozy stone cottage with a with lush vegetation of flowers and a green garden surrounded by palms and trees in Liguria, Italy.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/sanremo-houses-300x196.jpg)
![Elegant modern house with a terrace and a pool on cliff in Italy.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/pool_20281_r-300x164.jpg)
![A buildings with a red and white facade and columns in Liguria, Italy.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/liguria-italy-lerici-piazza-giuseppe-garibaldi-300x204.jpg)
![The enchanting sight of the Ligurian Riviera seaside at dusk](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/photos-300x198.jpg)
![Villa with a garden, palms and a pool in Liguria](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/italy-best-properties-by-the-sea-4-300x197.jpg)
![ligurian beach with covered boats on sand at morning. Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/liguria-italy-spaggia-morningbeach-300x195.jpg)
![Sunny Sanremo beach with umbrellas on tha sand.](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/sanremo-italy-7-300x172.jpg)
![Sunny ligurian beach with houses and boats on sand. Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/italy-best-properties-by-the-sea-2-300x202.jpg)
![luxary-italyan-villa-best-properties-by-the-sea](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/villa-italy-best-properties-by-the-sea-1-300x168.jpg)
![apartment buildings шт sanremo Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/sanremo_italy-best-properties-by-the-sea-300x222.jpg)
![houses near the sea in Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/italy-best-properties-by-the-sea-1-300x167.jpg)
![Sanremo seafront promenade wideview](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/it-sanremo-city-300x104.jpg)
![collage of 8 different Italian properties views](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/italy-beautifull_properties_collage-300x169.webp)
![Houses on the hills of Sanremo](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/italy-houses-on-the-hills-300x200.jpg)
![photo of old town street in trastevere-Italy](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/old-town-street-in-trastevere-neighborhood-300x200.jpg)
![buautifull Italy houses on mountains](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/italy-houses-on-mountains-300x150.webp)
![historical houses in old town in SanRemo](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/06/old-town-of-sanremo-300x195.jpg)
![a place at a table on the terrace near the beautiful beach SanRemo](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/a-place-at-a-table-on-the-terrace-near-the-beautiful-beach_1-300x143.jpg)
![Italian houses by the sea](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/colorfull_beach_houses-procida-300x200.jpg)
![Italy beautifull house](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/italy_tuscany_1-300x152.jpg)
![](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/properti-in-italy-liguria-italy-porto-do-lerici-300x202.jpg)
![Beautiful Sanremo property ready to rent out for maximum ROI](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/img_3068-1-2-1-300x221.webp)
![Ligurian coast with Italian Real Estate - Dmytro Schliarenko](https://www.kalinkaimmobiliare.com/wp-content/uploads/2023/05/img_2526-scaled-e1683715897450-300x180.webp)