November Newsletter

Dear Reader,

our monthly newsletter is now available – here are some highlights of the November issue :

FEATURED PROPERTIES:

RENT – Historic Center 2 Bed, 2 Bath
SALE – Santo Spirito Attic – 1 Bed, 1 Bath

A NOVEMBER NOTE FROM SUZANNE: HOLD THE DATE AND DONATE FOR THE WONDERFUL ONLUS CHRISTMAS BAZAAR FOR CHARITY

BEST EVENT FOR NOVEMBER: ALL SAINTS DAY HOLIDAY
BEST P&F RENTAL PICK FOR NOVEMBER: FIVE SHADES OF GREY
BEST FESTIVAL FOR NOVEMBER: 11th EDITION OF LO SCHERMO DELL’ARTE FILM FESTIVAL
BEST MARKET FOR NOVEMBER: MERCATO TEDESCO DI NATALE OPENS THE CHRISTMAS SEASON
BEST EXHIBITION FOR NOVEMBER: WATER AS A MICROSCOPE OF NATURE: DA VINCI’S CODEX ON DISPLAY AT THE UFFIZI FOR THE 5TH CENTENARY OF THE ARTIST’S DEATH
BEST SPORT FOR NOVEMBER: THE 35th FLORENCE MARATHON
BEST DINING OUT FOR NOVEMBER: THE FOOD AND WINE BIENNALE IS BACK

you can download the full version here

Drinking Water Regulation – Condominium Responsabilities

A new regulation recently came into effect regarding the responsibility of Condominiums to assure that the water that arrives in their building meets current legal hygienic norms. A recent High Court ruling assigns this responsibility in equal parts to the city’s public utility (in Florences case, the manager of Publiacqua) and to each building. Publiacqua is responsible for the water up to the point of the water meters (contatori) but, from that point to the faucets, the building administrator or each private owner must check the quality of the water.
In a nut shell, it is now each owners responsibility to check the water that comes out of the taps, since the pipes from the water meters into the various properties are not under the jurisdiction of City Council (Publiacqua).
This implies further responsibilities and duties for each Condominium administrator, although there are not yet any laws that force such controls on either the administrators or the private citizens. However, there are high fines and possible legal consequences if such controls are not made knowing that there could be some issues with the water system in the building or house.
Therefore, most Condominium administrators are starting to hire private companies to check the quality of the water directly from the taps in each house or apartment, in order to avoid any future claims or complaints against them. The cost of these tests will of course be borne by the owners of the properties, but it shouldnt be too high; probably in the range of Euro 150 (plus VAT) total for a small condominium.

Reference :

D. Lgs 31\2001 – art. 1 lett. b – and art. 5
Ministry of Health 10 June 2004
2015/1787/UE
D.M. 14 June 2017

October Newsletter

Dear Reader,

our monthly newsletter is now available – here are some highlights of the October issue :

FEATURED PROPERTIES:

RENT – Bellosguardo Area – 2 Bedroom
SALE – Tornabuoni Attic in Old Tower – 3 Bedroom

IMPORTANT EVENT FOR OCTOBER: THE MEMORIAL FOR FLORENTINE LEGEND AND BELOVED FOUNDER OF ADVANCING WOMEN ARTISTS, JANE FORTUNE

BEST EVENT FOR OCTOBER: JESUS CHRIST SUPERSTAR WITH TED NEELEY AT TEATRO VERDI

BEST P&F RENTAL PICK FOR OCTOBER: A BEAUTIFUL VIEW IN A BEAUTIFUL LOCATION

BEST TRADITION FOR OCTOBER: THE FEAST OF SANTA REPARATA

BEST FESTIVAL FOR OCTOBER: HOT AIR BALLOONS FILL THE SKY FOR THE FESTIVAL DELLE MONGOLFIERE

BEST MARKET FOR OCTOBER: BELLE EPOQUE FRENCH MARKET IN PIAZZA SANTISSIMA ANNUNZIATA

BEST EXHIBITION FOR OCTOBER: MARINA ABRAMOVIC “THE CLEANER”AT PALAZZO STROZZI

BEST MUSIC FOR OCTOBER: 4TH EDITION OF SONIC SOMATIC, WITH SOUND AND MOVEMENT INSTALLATIONS ACROSS FLORENCE

BEST SPORT FOR OCTOBER: ‘RUN LIKE HELL’ INFERNO RUN AT LA CASCINE PARK

BEST DINING OUT FOR OCTOBER: OSTERIA DE’CICALINI

you can download the full version here

Property Owners, Short Term Rentals, Tourist Tax and AirB&B

As you may know, all persons that sleep over in the city and are not resident in Florence must pay a certain amount, that varies depending on the type of accommodation, to the City Council for each night they spend in the city, in a paid accommodation, for a maximum of seven nights. This is a cost (Tourist Tax) that must be paid by the guest, but it is the duty of the owner of the house, or company, to collect and pay this amount to the City.

This payment must be reported to the City and can be done using various methods like post or registered emails (PEC), but the simplest is by registering as an owner on the web site of the City Council Tourist Tax:

Tourist Tax Website

You will need to apply for credentials and a password, after which you will be able to access the web site and register your property or properties. Then, within the 15th of each month, you need to report on the website how many days and guests you had during the previous month and pay with a bank wire.

The interesting thing that not many owners know: the city council requires that every month there is a report of each property that has been registered, even if during that month you had no guest or rentals, in which case you will indicate a 0 (zero) for both number of guest and numbers of nights, and of course you wouldn’t pay anything, but still the system requires that for every month there is a report. This means that even if you have no guests, or if your guests have already paid for the first 7 nights, but continue to rent the apartment for some months longer, or you have a long term contract, untill the property is in the Tourist Tax database, you will need to do a monthly report.

If you do not make the report, there is a fine involved that varies from 150 to 500 euro for each month that a report hasn’t been filed, and they are now starting to check on this issue.

In case you use the AirB&B platform to rent your property, they take care of this directly charging the guest and paying the city council directly, but you will still need to submit a monthly report to the City Council, because they are starting to calculate the amount of the Garbage tax (TARI) of each house also based on the numbers of guests or rentals that the house has during the year.

You can find the full rules, and FAQ pages (unfortunately most of them in italian language) on how to use and pay the Tourist Tax here :

Rules of the Toursit Tax

Multi language for guests

FAQ

Price List per Accomodation Type

If you also use AirB&B platform

AirB&B Website page about the Tourist Tax

September Newsletter

Dear Reader,

our monthly newsletter is now available – here are some highlights of the September issue :

FEATURED PROPERTIES:

Rental: San Marco Area – 2 bedroom    Sale: Duomo Studio

BEST EVENT FOR SEPTEMBER: THE COUNTDOWN IS ON TO CORRI LA VITA 2018

BEST FESTIVAL FOR SEPTEMBER: FESTIVAL OF SANTA MARIA DEL FIORE WITH FREE ACCESS TO THE DUOMO TERRACE

BEST TRADITION FOR SEPTEMBER: LA RIFICOLONA

SECOND BEST TRADITION FOR SEPTEMBER: CARRO MATTO, THE CRAZY CART FESTIVAL IN FLORENCE

BEST EXHIBITION FOR SEPTEMBER: MARINA ABRAMOVIC “THE CLEANER” OPENS AT PALAZZO STROZZI

BEST MUSIC FOR SEPTEMBER: THE FLORENCE JAZZ FRINGE FESTIVAL II

BEST DINING OUT FOR SEPTEMBER: COCKTAILS AND STEAK AT REGINA BISTECCA

you can download the full version here

August Newsletter

Dear Reader,

our monthly newsletter is now available – here are some highlights of the August issue :

FEATURED PROPERTIES:

Rental Santa Croce Area – 1 bedroom    Sale Strada in Chianti – 3 bedrooms

BEST EVENT FOR AUGUST: THE WINE TALKS SERIES AT PIAZZETTA DEI 3 RE

BEST FESTIVAL FOR AUGUST: THE NEW GENERATION FESTIVAL 2018

BEST TRADITION FOR AUGUST:  THE FEAST OF SAN LORENZO

BEST EXHIBITION FOR AUGUST: THE CONFINES OF EDEN, AN EXHIBIT OF FLOWERS AT THE BOTANICAL GARDENS

BEST DINING OUT FOR AUGUST: A LIST BY FOOD BLOGGER “CURIOUS APPETITE” OF THE BEST SPOTS STILL OPEN FOR SUMMER, INCLUDING FERRAGOSTO

you can download the full version here

New calculation tables for “controlled” rental Contracts

As of this year, new calculation tables have been agreed between the Florence city Council and the major Tenant’s and Owner’s Associations, with some minor adjustments regarding the applicable values per square meters and the zoning areas of Florence.

They also agreed on some more radical changes regarding the documentation and certification standards that the apartment or property needs, and the registration of the rental contract that now must be pre-screened and approved by one of the listed Associations and secondarily registered with the Agenzia delle Entrate.

As a reminder, these types of “controlled” rental contracts, called “Affitti a canone Concordato,” allow the owner to apply for a lowered income tax (so called Cedolare Secca) of 10% of the rental income, which is applied only to these types of contracts : 3 plus 2 years, Interim contracts (Transitorio up to 18 months) and student contracts (up to 36 months). All other type of contracts are subject to the normal taxation bracket of 21 % (Cedolare Secca), or the rental income can be added to your general income (IRPEF).

Here is the entire new agreement (pdf file).

A partire da quest’anno sono state modificate le tabelle per il calcolo dei canoni di locazione concordati tra le maggiori organizzazione degli Inquilini e Proprietari e che andranno utilizzate per il colcolo dei canoni di locazione per i contratti di affitto. Sono stati modificati alcuni valori di prezzi per metro quadrato a seconda delle aree in oggetto, e alcuni requisiti di certificazioni che gli immobili devono possedere per poter accedere a questa tipologia di locazione. Il cambiamento forse più invasivo riguarda la necessità di dovere avere una pre-approvazione del contratto di locazione e dei calcoli attraverso i quali si è giunti al quel canone di locazione da una delle Associazioni firmatarie dell’accordo e poi successivamente registrato presso l’Agenzia delle Entrate.

Vi ricordiamo che questa tipologia di contratti di locazione a “Canone Concordato” permette di usufruire di una tassazione agevolata del 10% (Cedolare Secca) invece della aliquota generale usata del 21% e si applica ai contratti di locazione cosidetti 3+2, Transitori (fino a 18 mesi) e per Studenti Universitari (fino a 36 mesi).

Qui l’accordo completo (file pdf)

Australians Purchase Real Estate in Italy

Regarding Australian citizens that would like to purchase a house in Italy, as far as we know and our notary has told us, the condition of reciprocity between our two countries has been satisfied so it is possible to purchase as a “person” a property in Italy, as long of course that you have a valid entry visa or Permit of Stay (Permesso di Soggiorno).

For reference the laws (and links to the pdf files) are:

-T.U. on immigration Dlgs 286\98
-Article n. 51 of law 218\95 – modifications on Italian Private International Law
-Agreement between Australia and Italy signed in Canberra on the 26\09\67
ratified in Italy with the law D.P.R 9 December 1970 n. 1430 art. n. 28
-Tuscan Notary Council – issue n. 7 – 2006

There is also a recent article on the Domain Australia web site here.

Hello we are online

Dear readers,

finally we have managed to create this Blog that was a long awaiting feature of our new web site; we hopefully be able to give you some more real time information on what is going on in Florence and Italy in general.

Here in fact we plan on posting all relative information about the Real Estate business such as buying or selling a property, owning and renting one, ranging from rules and regulations, laws and taxes, market trends or general events taking place inn this wonderful city.

We hope you will find it useful, with all our best wishes the P&F team