Step six: Do your due diligence
It's always important to make sure that you have a solicitor to arrange a survey and building inspections on your property. If any issues are found then you will be able to pull out without incurring any financial damages.
Step seven: Your deposit
Once the Compromesso is signed, a deposit (usually of around 10 per cent) will need to be paid. Should you decide not to pursue the purchase at any point after this stage, then you will lose the deposit (unless the reason is due to the break of a pre-existing clause in the contract). The seller could also seek legal action which, if successful, would enforce you to complete the purchase. If the seller backs out, you will be refunded the deposit and they will then need to pay you the same amount again on top of this. Questions about buying property in Italy? Get in touch and see how we can help.