Lake Como is famous for its historical villas, many of them converted into apartments. But which is better - a new build apartment or an apartment in an Old villa?
Below are the 5 main differences:
New housing has better technical characteristics in comparison with housing from the secondary market; it is better isolated, repairs will not be required soon and the construction company gives a 10-year guarantee for all potential construction defects.
The historical villas have preserved many original details, murals, stucco moldings, wrought iron staircases, marble floors and fireplaces that give a charm and value to the property.
Room dimensions and ceiling height
In new apartments, ceiling height is a maximum of 270 cm. All the hallways and the size of the premises are reduced to a minimum in order to use less energy for cooling or heating. For example, bedrooms tend to consist of 12 - 14 square meters, even in luxury apartments.
Historical buildings can have ceilings up to 4 meters in height and usually have spacious bedrooms and halls. Bathrooms have often been installed in former rooms, so generally, they are also very large.
All new buildings are built in the hills further away from the shore of the lake, where there is space for new construction.
Historical buildings were built on the shore of the lake, and are often surrounded by gardens and parks, with easy access to the water.
All new buildings are built in a class not lower than B, and more often in class A +
All the old buildings are in class G.
When buying from a construction company, the buyer pays VAT, which on a first and permanent residency in Italy, adds up to 4% of the total sale price.
This goes up to 10% for buyers of second homes, and then 22% for new construction projects related to luxury (for example, a loft conversion).
So, when buying a house for 1.000.000 euro, a second home tax would be 100.000 euro.
When buying in the secondary market, the buyer pays stamp duty:
2% - first house
9% - second house
Tax is calculated from the cadastral value, which decreases in the amount the elder a property is.
So if the cost of a villa is 1.000.000 euro, the tax on the purchase might be 7 - 9.000 euro.
Take a look at the New apartments for sale in residences with swimming pool HERE
Take a look at the apartments for sale in Old Villas HERE
Agency Best Como Immobiliare with the offices in Tremezzina and Como city: two licensed real estate agents living and working on Lake Como. As locals, we will always be here to give you our support both during and after buying a property on Lake Como.
If you want more information, Whats up or text +393664476630 (Hanna Fitsner) | E-mail: email@example.com