Italian First-Home Mortgage
Italian First-Home Mortgage: Under-36 Benefits Explained
Italy offers special mortgage benefits for young first-time home buyers under 36. These include tax exemptions, reduced registration fees, and government guarantees.
Italy offers special mortgage benefits for young first-time home buyers under 36. These include tax exemptions, reduced registration fees, and government guarantees.
What This Page Covers
Under Italian law, first-time home buyers under 36 with an ISEE (income indicator) below €40,000 can access: exemption from registration tax (2% of cadastral value), mortgage tax (€50 flat instead of 2%), and a state guarantee on up to 80% of the loan value.
How It Applies
A 30-year-old buying a first home for €180,000 in Italy: standard registration tax would be €3,600 (2%). Under the under-36 program: €0. Mortgage tax: €50 instead of €3,600. Total saved on taxes: ~€7,150.
Details
The benefit applies to "prima casa" (first home) purchases. It covers the main residence, not investment properties. The home must not be classified as luxury (catasti A1, A8, A9). The benefit is available until the end of the year in which you turn 36.
Context
The under-36 benefit was introduced temporarily and has been extended multiple times. It is combined with the Consap guarantee (state-backed mortgage insurance). Check current availability with your bank or notary, as legislative changes are frequent.