Buying properties in Puglia: Golden Rule
If you are looking for a property investment in Italy,
especially in Puglia, new upcoming area of the South, the "heel"
of Italy, please deal with licensed estate agents only. The role
of Italian real estate agents is quite different from that
British one. In the UK everybody can set up an estate agency
without any qualification or experience. Viceversa in Italy they
must be professionally qualified, hold a licence to practise and
have indemnity insurance. The agents operating without license
are illegals. On internet there are many unlicensed mediators,
dealing with foreign buyers, selling properties and renting
holiday home. Do not trust them! They promise lots of useful
services but the real extra service they provide is to charge a
commission up to 100% more than a licensed Italian agent, or,
raise the market price of the property. Moreover if you take
their advice you will not be covered by the legislation and the
code of ethics which the legal agents must adhere to. If you are
dealing with an agent ask for their registration roll number to
the chamber of commerce and which professional association they
are registered to. Remember buying property in Italy, legally,
is safe as buying property in the UK, all you need is just to
know the differences and follow the rules! For further info on
this topic read the buying guide and FAQ section on
www.sispropertyandtourism.co.uk