Finance Alternatives to Bank Mortgages


If you’ve tried to obtain a mortgage in Italy in the last few years, you will know it is sometimes hard for non residents to borrow money, especially if you want to borrow small amounts (less than €250,000). Applying to an Italian bank for a mortgage can be time-consuming, expensive and even a little soul-destroying with the amount of documentation required.

If you are not able to obtain an Italian mortgage through a bank then there are several alternatives for financing your purchase;

1. Raise the finance by borrowing against an asset you own in another country and paying cash for your Italian property.

2. Buy a property where the developer offers finance. We currently have three of these;

– V1873LS-X Borgo Peccioli 
– V1711LS-X Castello di Alica
– V2970FT Apartments in Restored Borgo near Volterra

3. Find a property where the private owner is willing to accept a deposit now and have the rest paid off in instalments over a number of years, typically 2 – 3.

Properties where this is possible;


The agreement is contracted through a notary and is know as a ‘purchase deed with retention of title’ and the property only legally changes hands (although the buyer can occupy the property) once the final payment is made. If the buyer defaults on any instalments, he loses anything paid so far and must return the property to the vendor.

Just drop us a line – [email protected] – if you require any further information.

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