Buying with modicasa

We are associates of FIAIP and have 15 years as a fully registered agency. We can guarantee full due diligence on any purchase, help with Italian law, money transfers, banking, utilities, and all that is necessary to help you purchase your Sicilian property.

As a legally operating agency, modicasa has the right to commission on any purchase at 3% of the price paid for the property. By law this is payable when the purchase is complete (at compromesso or at an accepted proposal to purchase). However, we generally choose to be paid just before the final act of sale, giving a further level of security for our clients.

All our fees are subject to 22% IVA.

For example a purchase of 100.000 euros, will bring a commission of 3000 euros plus 660 euros IVA – a total of 3660 euros. Note that we have a minimum charge of 2000 euros IVA inclusive.

As a purchaser you will also have the buying costs of the property – tax (stamp duty), notary costs and translation costs if necessary. These vary from property to property. There are also minima for these costs, so the purchase of a low budget property will mean the purchase costs are high when compared to a more expensive home.