Who can buy and which homes have bonuses and discounts that allow you to save up to 70%? It seems that buying a house has become a difficult task, because of the rates that have become very high but also because of the house prices that are still relatively high. However, there are possibilities that allow you to buy a home while saving money. Let’s see what they are and who they are valid for.
- What are the rewards that allow you to buy a home and save up to 70%?
- VAT concessions for buying a home with savings
- Who can buy a house for 1 euro and why
What are the rewards that allow you to buy a home and save up to 70%?
Among the first available home bonuses that allow you to do so Buy a home and save up to 70% and the Seismic reward: sismabonus can be ordered for interventions in areas affected by seismic events and for anti-seismic redevelopment works in parts of buildings or individual real estate units, as well as for the purchase of anti-seismic buildings and offers discounts from 50% to 85% depending on the type of intervention carried out on individual houses or buildings residential.
Sismabonus offers the possibility of a discount of up to 85% of the sale price of the house up to €96,000 but only if there are specific conditions, for example, the house you buy must be in a municipality with an earthquake risk, the work must have started after January 1, 2017 and permits to start the relevant work must have arrived after that date.
We specify that in order to benefit from the sismabonus to save on the purchase of a house, the building must be demolished and rebuilt and the work must be done by the same company that sells the house afterwards.
You can take advantage of sismabonus to save up to 70% on home purchase only if you decide to Buying a home located in a municipality at risk of earthquakes 1, 2 and 3 Which has to carry out the work to obtain one or two anti-seismic classes more than it was previously, and if an anti-seismic class is obtained, the tax deduction is 75% to reach 85% if two anti-seismic classes are obtained.
The discount for buying a house at a discount is applied to the sale value of the house. The sismabonus for saving when buying a home is available only to natural persons, condominiums, independent public housing institutions, divided ownership housing cooperatives and finally to amateur sports clubs and associations.
VAT concessions for buying a home with savings
Other facilities available that allow you to buy a home while saving are New Green Bonus 2023: This is a privilege recognized only by those who decide to buy a new home, provided that it is of a high energy category.
Green Bonus allows, in fact, to buy a home while saving, by saving a home 50% VAT discount for those who buy a new home but only if the house to be purchased is of energy class A and B. The VAT credit for buying a new home is only valid for new home purchases by December 31, 2023.
Who can buy a house for 1 euro and why
Another way that allows you to buy a home with savings, and even more than 70%, is You only pay 1 euro for the house. This is a nominal cost To which must then be added the costs of restructuring and the costs of notary and registration.
Obviously, it is a valid possibility not to purchase all houses but only and exclusively to those in some specific municipality which are to be ‘saved’ from abandonment and deterioration.
In general, these homes are uninhabitable and unusable and in need of renovation (and even in many cases completely) but they do maintain a solid structure. To buy a house for 1 euro, interested buyers must contact directly the municipality that implements this initiative and fill in the forms through which the buyer expresses interest and undertakes to purchase and renovate the house.
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