Utilities in Italy. Costs of maintaining real estate in Italy


Costs of maintaining real estate in Italy

The costs of maintaining real estate in Italy are formed from taxes paid by the owner of the property on an annual basis, costs of utilities, property insurance, etc.


Annual property tax

In Italy there is an annual property tax, the rate of which is 0.4-0.7% of the cadastral value, which is usually significantly lower than the market value.

Property insurance

Real estate insurance is also mandatory – 1% -2% of its value per year.

Utilities in Italy

Costs for utilities in Italy, such as electricity, gas and water supply, depend on the region and individual meter readings. Many cities have additional tariffs for night and day use of utilities.

If a house in Italy does not have central gas supply, it is customary to use gas cylinders. Its average price is approximately 40 euros. One bottle is usually enough for use for two months.

If the property is located in a residential complex with its own infrastructure – a swimming pool, garden, parking, then the owner bears additional costs for maintaining the property. In Italy, payments to the management company range from 200 euros per year for an apartment and from 1000 euros per year for a villa.

The average utility bill in Italy is 130 euros per month for an apartment and 250 euros per month for a villa.

Cost of utilities in Italy in some cities

Utility prices in Italy depend on the location of the property, area and type, as we indicated above. As of January 2019, the cost of utilities in Italy for apartments with an area of ​​85 square meters. m, including electricity, water, gas, heating, garbage removal are:

  • Bergamo: utilities – €176.29, Internet and TV package – €28.75;
  • Bologna: utilities – €150, Internet and TV package – €26;
  • Catania: utilities – €197, Internet and TV package – €30;
  • Como: utilities – €180, Internet and TV package – €27;
  • Florence: utilities – €162, Internet and TV package – €26;
  • Genoa: utilities – €143, Internet and TV package – €27;
  • Milan: utilities – €128, Internet and TV package – €27;
  • Naples: utilities – €151, Internet and TV package – €27;
  • Palermo: utilities – €150, Internet and TV package – €28;
  • Lucca: utilities – €150, Internet and TV package – €27;
  • Venice: utilities – €150, Internet and TV package – €27;
  • Turin: utilities – €157, Internet and TV package – €26;
  • Rome: utilities – €129, Internet and TV package – €28;
  • Pisa: utilities – €138, Internet and TV package – €28.



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