The luxury properties requirements according to the Italian law


The luxury properties requirements according to the Italian law

Great Estate Network , Laws&Regulations Feb 01, 2013 1 Comment
One of the first questions you may ask yourself before purchasing an amazing farmhouse into the Tuscan countryside rather than a beautiful villa at the sea is: “is it a luxury property?”. Let’s give a look to the regulation in force.

Which are the criteria according to which the Italian law considers a home luxury?

The reference legislative text for the Italian Corte Di Cassazione is M.D. Public Works of August 02, 1969 in accordance to which the property considered luxury are:

  1. Properties created on those areas that the urbanistic – used or approved – tools destine to “villas” and/or “private park”. Indeed, these categories are qualified as “luxury” by the above-mentioned tools.
  2. Properties created on areas that the above-mentioned tools had provided for a single-family house building typology function and with the specific limitation of lots of no less than 3.000 sqm. Farming areas, even if residential buildings are allowed in there, are excluded.
  3. Houses that are part of a building of more than 2.000 m3 and realized on lots whose built-cubic volume is of less than 25 m3 v.p.p. for every 100-estate-surface sqm.
  4. Single-family houses equipped with a swimming pool of at least 80 sqm or a tennis court with a drain base of not less than 650 sqm.
  5. Houses composed of one or more rooms that constitute a unique master accommodation having a total surface of more than 200 sqm (excluding balconies, terraces, cellars, garrets, staircases and garages) and an external surface of more than six times the internal one.
  6. Single real estate units having a total surface of more than 240 sqm (excluding balconies, terraces, cellars, garrets, staircases and garages).
  7. Houses that are part of a building built on an area designed for the residential buildings if the cost of the property surface exceeds of a time and a half the cost of the single construction.
  8. Houses and single real estate units with more than 4 characteristics among the one included into the table attached to the decree.
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Marianna Gaiotto

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