Luxury Real Estate (English)

Luxury Real Estate

Notarial assistance for prestigious real estate transactions

Acquiring a prestigious property — a historic villa on Lake Maggiore, a fine residence in the Ossola Valley, a hospitality asset, or a high-end property in the Verbano-Cusio-Ossola region — requires far more than the simple notarial deed. The Firm supports both parties from the very beginning of the negotiation through the post-closing phase, in Italian, English and French, with advanced escrow services, technical due diligence and international tax expertise.

Quick services · Luxury Real Estate
Dedicated services for prestige property transactions
I
Letter of IntentLOI · exclusivity · confidentialitycoming soon
II
Bilingual deedItalian-English · Italian-Frenchcoming soon
III
Notarial escrowPrice deposit · Italian Law 147/2013coming soon
IV
Due diligenceTechnical · planning · taxcoming soon

Preliminary negotiation

01

Letter of Intent

The letter of intent is the first operational tool of the prestige negotiation: it sets the economic parameters, the scope of exclusivity, the negotiation timeline, the conditions precedent (mortgage, planning, AML), confidentiality clauses and — where appropriate — the seller’s commitment not to solicit other offers for a determined period.

The Firm assists buyer or seller in drafting and negotiating the LOI, with optional notarial authentication. All clauses are calibrated on the actual nature of the transaction: private vs. corporate, resident vs. non-resident, primary vs. secondary home.

References→ Contact the Firm for a preliminary consultationItalian Civil Code, art. 1326 et seq. — Art. 1337 (pre-contractual liability).
02

Preliminary agreement and registration

The “compromesso” (preliminary agreement) is when both parties commit reciprocally. For prestigious properties, the registration under art. 2645-bis of the Italian Civil Code is essential: it protects the buyer from later registrations, from the seller’s bankruptcy, and from foreclosure proceedings.

Confirmatory deposits, proportionate advance payments, well-calibrated conditions precedent (e.g., mortgage approval within X days, satisfactory due diligence outcome): every clause is built around the specific transaction profile.

References→ Dedicated page “Preliminare”Italian Civil Code, arts. 1351, 1385, 2645-bis.
03

Technical and legal due diligence

For historic villas, architecturally valuable properties and high-end hospitality assets, full verification is not a detail: legitimate state (“stato legittimo” — Decree-Law 69/2024 Salva Casa), cadastral conformity, landscape and historical-artistic constraints, occupancy permits, energy certifications, planning regularity of accessory structures.

The Firm coordinates specialised technicians (architects, engineers, agronomists) for the preparation of integrated technical reports. The verification outcome is reported as a condition precedent in the preliminary agreement.

References→ Page “Certified purchase”D.P.R. 380/2001 — Decree-Law 69/2024 Salva Casa — D.Lgs. 42/2004 (Cultural Heritage Code).
04

Advanced notarial escrow

The notarial deposit of the price (Italian Law 147/2013) is one of the strongest protections for the buyer: the price is held on a dedicated bank account and released only when the agreed conditions occur (free registration, cancellation of prejudicial encumbrances, etc.).

For cross-border transactions or with complex conditional clauses, the Firm assesses alternative custodial solutions (third-party escrow agents, segregated accounts with specific clauses), always preserving third-party neutrality and full traceability of cash flows.

References→ For operational detailsItalian Law 147/2013 (paragraphs 63-67) — CNN escrow guidelines.

Deed and post-closing

05

Notarial deed (also bilingual)

The deed of sale can be executed in Italian only or in bilingual form (Italian-English or Italian-French), with the support of certified translators for the proper legal rendering of the contractual clauses. The notary’s digital signature ensures full evidentiary effect and archiving.

The Firm handles registration, recording and cadastral transfer simultaneously; the deed is readable by both parties in their own language, with equivalent legal value in the two versions.

References→ Page “Real estate sale”Italian Civil Code, art. 1470 et seq. — Italian Law 89/1913 (Notarial Law).
06

Post-closing compliance

After the deed: cadastral transfer, waste-tax (TARI) communications, utility contract assignments, condominium notifications, IMU declarations, framing of any tax allowances. For non-resident clients, the Firm provides ongoing assistance with Italian compliance — including domiciliation at the Firm for relevant communications.

References→ Post-closing assistanceD.Lgs. 504/1992 (ICI/IMU) — D.Lgs. 23/2011 (real estate fiscal federalism).

Cross-cutting expertise

07

Multilingual notarial practice

Notaries and staff operate in Italian, English and French. The entire transaction, from first contact to deed execution, can be conducted in the client’s language. For bilingual deeds we rely on certified translators with legal training.

08

Enhanced AML compliance

For prestige transactions, enhanced due diligence is mandatory: identification of the beneficial owner (also for complex corporate structures or trusts), country risk analysis, source of funds verification, advanced documentary safeguards.

References→ Firm’s AML guidelinesD.Lgs. 231/2007 — EU Reg. 2024/1624 — CNN provisions.
09

International taxation

For non-resident buyers: registration tax, mortgage and cadastral taxes, possible VAT, optional regimes, bilateral conventions on double taxation, declarative compliance (Form RW), fiscal monitoring.

References→ Dedicated tax consultancyD.P.R. 131/1986 (TUR) — D.P.R. 633/1972 (VAT) — OECD/UN Conventions.
10

Cross-border successions

European Certificate of Succession (EU Reg. 650/2012), professio iuris, testamentary trusts, family pacts for the generational transfer of prestigious properties or shareholdings in real estate companies.

References→ Family areaEU Reg. 650/2012 — Italian Law 218/1995 (Private International Law).
11

Professional networks

Established cooperation with specialised technicians (architects, engineers, valuation surveyors), tax advisors and lawyers with experience in real estate taxation and corporate law, certified translators, banks and international escrow agents.

12

Confidentiality

Dedicated procedures to protect the parties’ identity: separate archives, encrypted communication protocols, visit management, drafting of non-disclosure agreements (NDAs) for the various negotiation phases.

Other language versions

Studio Notarile Soldani · Domodossola · Via Camillo Prampolini 14 · domodossola@notaiosoldani.it · +39 0324 066077

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