We have a lovely place in Umbria and want to rent it out. Does anyone know the rules and regs ot a site (in English) where I can find out please? Thanks

Ciao

You may want to send an email to CJ a member of Life in Italy for legal advice on this forum and request an update on rental laws in your region of Umbria.
At this time, you can also contact our Remax international real estate office http://www.remax.it/Maps/umbria.aspx...e=P&Lang=en-US and speak with our English/Italian rental agent Mirco Granocchia
RE/MAX Centro
Phone: 335/7754960 in Umbria. Our estate agents have up to date legal rental contracts and could look after your rental requirements.
For more info on the recent rules and regulations and rental contracts being offered visit (English version) site http://rome.angloinfo.com/countries/italy/re_rental.asp Umbria and Lazio should have the same rental laws.
In Calabria, I suggest Landlords protect them selves by offering Tenants notarized rental contracts. If there is no contractual agreement, Eviction of a person from their legal residence in some regions is almost impossible in Italy although much better than in the past years. My other personal advice for you would be to have a copy of the rental contract witnessed at your local police station in Italy if you have no agent or legal representation.
Salve
Frank Tarsitano
Broker/Land Developer
Calabria, Italy
www.italysouth.org

I have received excellent advice from both Frank and CJ, and am using the legal services of CJ's firm at the moment - they both know their stuff, rarely agree on the best area to invest in, but still recommend each other - can't get better than that!

Ciao
Quote Mark
rarely agree on the best area to invest in.

Italy’s property hotspot ..Calabria,

2009 report by the Agenzia del Territorio & Remax International
Calabria, the toe of Italy's boot, is a land of cerulean waters, silver green olive trees and blazing sun. It is also “the next Mediterranean property investment success story,” say overseas property investment specialists according to a 2009 report by the Agenzia del Territorio— the Italian equivalent of the Land Registry— Calabria is one of Italy’s most affordable regions. Average property values in 91% of its comuni (administrative units) are among the lowest recorded in the country.
Remax International www.remax.com research quotes a few figures to show just how far money goes down there in the sole of Italy, Calabria “The South of Italy”.
“Of the three developments we are taking on [in Calabria], the lowest priced units start at £71,000 for a two-bedroom apartment in an off-plan development just five minutes walk from the beach, and with views of the sparkling Ionian Sea,” he says. "That is a prime example of why Calabria is going to be so huge in the coming months and years; prices like that for a two-bedroom apartment on the southern Italian coast offer superb value for money."
At the same time, however, the Calabrian market has shown an encouraging degree of dynamism even when many other Italian locations are at best steady. This is especially true in tourism hotspots—Italian estate agent conglomerate Tecnocasa reports that prices at seaside resorts in Calabria’s Cosenza province have grown by 5.2% from 2007, while other regions the Italian average has gone down by 0.8%.
Prices for new prestige homes in the waterside village of Diamante—known as the Pearl of the Tyrrhenian Sea—are in the region of €1,600 per square metre (up 6,6% in the second quarter of last year) whereas, for example, Chiavari, in Liguria, has average prices of €7,000 for the same type of property, but has seen a decrease in market values of 4.4%.
Even better, Calabria’s positive trend looks set to continue, according to Bailey: "When an area like Calabria begins to attract increasing international attention, with strict building controls ensuring constantly high levels of demand, it is all but a foregone conclusion that property prices will see sustained and rapid growth of at least 10-15% per year."

The sales, which have been authorised by vendors with a notary-certified document, will apply to some 500 properties, which have an average value of €270,000 and average discounts of 10%. But some places will see even higher reductions—about 200 of them will have their asking price lowered by 10% to 50%.
Most of the discounted properties are situated in Lombardy, followed by Piedmont, but there are also some in the Centre of Italy, the South and the islands. For example, in Sardinia, Re/Max is selling a panoramic country home, newly built in the vernacular stazzo style and set among olive trees and Mediterranean scrubland, for €245,000—a 6% discount over the original price of €260,000.
Remax of Italy has launched an initiative called Saldi Immobiliari© which offers discounts of
up to 50% on selected homes for sale across Italy. The offer is valid until
February 28, 2009.
Compare the above listings to a property discounted and located in Tuscany & Piedmont;
In Tuscany, a large independent portion of a cascina on the Lucca hills, decorated in country style with fireplace and exposed beams and equipped with garden and pergola to dine alfresco, is on the market for €750,000—a 6% reduction over the original asking price of €800,000.
Please note * In Rome, a small place of some 500 sq feet in a nice area can run 1000 Euros /month. At current exchange rates that cost of apartment rental would be something like US$ 1,400. I still do not understand how people rent or buy houses in Italy since the average government employee's salary after taxes is below 1500 Euros / month and to buy even a small apartment in Rome ( 700 sq feet in the Monteverde for example ) can cost up to 250.000 Euros (at current exchange rates more than US$ 310,000).

The Re/Max ‘property sales’ will last until February 28.
See you in Calabria..The South of Italy, where you get more value and satisfaction for your hard earned money!

Salve
Frank Tarsitano
Broker/Land Developer
Calabria, Italy
The Global Property Group Ltd.
www.italysouth.org

Thanks so much. Would the same requirements apply for holiday rentals because that is the type of rental we want to do. Thanks again

2009 report by the Agenzia del Territorio & Remax International

Italy’s property hotspot ..Calabria,

Calabria, the toe of Italy's boot, is a land of cerulean waters, silver green olive trees and blazing sun. It is also “the next Mediterranean property investment success story,” say overseas property investment specialists according to a 2009 report by the Agenzia del Territorio— the Italian equivalent of the Land Registry— Calabria is one of Italy’s most affordable regions. Average property values in 91% of its comuni (administrative units) are among the lowest recorded in the country.
Remax International www.remax.com research quotes a few figures to show just how far money goes down there in the sole of Italy, Calabria “The South of Italy”.
“Of the three developments we are taking on [in Calabria], the lowest priced units start at £71,000 for a two-bedroom apartment in an off-plan development just five minutes walk from the beach, and with views of the sparkling Ionian Sea,” he says. "That is a prime example of why Calabria is going to be so huge in the coming months and years; prices like that for a two-bedroom apartment on the southern Italian coast offer superb value for money."
At the same time, however, the Calabrian market has shown an encouraging degree of dynamism even when many other Italian locations are at best steady. This is especially true in tourism hotspots—Italian estate agent conglomerate Tecnocasa reports that prices at seaside resorts in Calabria’s Cosenza province have grown by 5.2% from 2007, while other regions the Italian average has gone down by 0.8%.
Prices for new prestige homes in the waterside village of Diamante—known as the Pearl of the Tyrrhenian Sea—are in the region of €1,600 per square metre (up 6,6% in the second quarter of last year) whereas, for example, Chiavari, in Liguria, has average prices of €7,000 for the same type of property, but has seen a decrease in market values of 4.4%.
Even better, Calabria’s positive trend looks set to continue, according to Bailey: "When an area like Calabria begins to attract increasing international attention, with strict building controls ensuring constantly high levels of demand, it is all but a foregone conclusion that property prices will see sustained and rapid growth of at least 10-15% per year."

The sales, which have been authorised by vendors with a notary-certified document, will apply to some 500 properties, which have an average value of €270,000 and average discounts of 10%. But some places will see even higher reductions—about 200 of them will have their asking price lowered by 10% to 50%.
Most of the discounted properties are situated in Lombardy, followed by Piedmont, but there are also some in the Centre of Italy, the South and the islands. For example, in Sardinia, Re/Max is selling a panoramic country home, newly built in the vernacular stazzo style and set among olive trees and Mediterranean scrubland, for €245,000—a 6% discount over the original price of €260,000.
Remax of Italy has launched an initiative called Saldi Immobiliari© which offers discounts of
up to 50% on selected homes for sale across Italy. The offer is valid until
February 28, 2009.
Compare the above listings to a property discounted and located in Tuscany & Piedmont;
In Tuscany, a large independent portion of a cascina on the Lucca hills, decorated in country style with fireplace and exposed beams and equipped with garden and pergola to dine alfresco, is on the market for €750,000—a 6% reduction over the original asking price of €800,000.
Please note * In Rome, a small place of some 500 sq feet in a nice area can run 1000 Euros /month. At current exchange rates that cost of apartment rental would be something like US$ 1,400. I still do not understand how people rent or buy houses in Italy since the average government employee's salary after taxes is below 1500 Euros / month and to buy even a small apartment in Rome ( 700 sq feet in the Monteverde for example ) can cost up to 250.000 Euros (at current exchange rates more than US$ 310,000).

The Re/Max ‘property sales’ will last until February 28.
See you in Calabria..The South of Italy, where you get more value and satisfaction for your hard earned money!

Salve
Frank Tarsitano
Broker/Land Developer
Calabria, Italy
The Global Property Group Ltd.
www.italysouth.org