Corporate DeskSign inSign up

Property

Italy — Property: Property Taxes

Italian IMU property tax is 0.5% for a principal residence and 0.86% for other real estate (adjustable locally), and residents owning foreign property pay IVIE at 1.06%.

VerifiedProfessional tax guide — not a government sourcePwC Worldwide Tax Summaries – Italy individual: other taxesLast reviewed: 2026-10-26

Key facts

  • IMU is charged on cadastral value increased by 5% and multiplied by a statutory coefficient.
  • IMU rates are 0.5% for a principal residence and 0.86% for other real estate; local authorities can raise or lower both.
  • TASI is abolished; a garbage tax (TARI) may also apply.
  • Italian tax residents owning foreign real estate pay IVIE at 1.06% from FY 2024, with no IVIE if the tax is under EUR 200 and foreign property tax creditable.
  • IVAFE on foreign financial assets is 0.2% (0.4% for privileged jurisdictions), with a fixed EUR 34.20 per bank account unless the average balance is under EUR 5,000.

← Back to Italy guides