In order to benefit from the property investments in Italy, you need to invest a minimum of 150,000 Euro.

An initial cash deposit of 50,000 Euro is required to secure your property.

The benefits include health insurance, being able to avail health services throughout the European Union. You would also have the ability to travel within the European Union once you have received your residency visa.

The estimated completion time from commencement to completion is 24 months.

The initial tax of 920 Euro is payable by all purchases under the initial purchase contract.

All clients will need to provide a current passport (with at least six months validity) and 6 months bank statement or alternative documentation proving solvency.

The associated costs and legal fees are summarized in your sales and purchase agreement.

There is an annual service charge payable by all owners for the maintenance, security, utility and management costs which is currently estimated at 5000 Euro per annum. This can be paid in two equal payments.

If you don’t already have an Italian bank account, we can assist you in creating a local account which will help you when transferring funds for paying your service charges, utility bills etc.

The initial registration process takes approximately 15 days.

Ocean property management is the agent for Bella Oceana project and handles all matters pertaining to the purchase and handover of the property for you.

The power of attorney can be created through lawyers in Dubai yet it needs to be registered and attested with the Dubai courts and Italian consulate if you are looking for a third party to act on your behalf.

The website is updated daily yet for the latest availability and prices, it is best to contact out sales team at info@Bella-Oceana.it

Italian property law is very well established and provides good protection for both the purchaser and seller.

A full breakdown of the associated purchase cost will be discussed during the sales negotiations yet include the property price, annual service charge, local tax, legal fees and costs associated with obtaining your residency visa.

Yes, an initial reservation form is completed by all purchasers before the Sales & Purchase Agreement is executed as we ensure that the legal documentation has been completed and approved by Italian authorities ensuring a streamlined process.

No, you can nominate a Power of Attorney; The Power of Attorney can be created through lawyers in Dubai yet it needs to be registered with the Dubai courts and Italian consulates if you are looking for a third party to act on your behalf.

Yes, we arrange all documentation pertaining to the purchase of the property and the Italian lawyers ensure that the documentation and the legal process comply with Italian law and once the documents have been stamped and verified and registered they are returned to you.

Rental tax is payable and further details of this are available from our sales teams.

Currently there is a 9% capital gains tax which is payable on the sale of you property to the Italian authorities.

Yes we can by introducing you to one of our local representative who are fully licensed and will able to assist you in all aspects of the sale of your property.

Due to the ambient temperatures and mild climate, the property is very attractive to the rental market year around. Peak times being Christmas, New Year, and Easter holidays and of course the summer period from June to September.

Whilst the development has 24 hour security and general maintenance which is paid for from your Annual Service charges for the common area of the property. We also offer a property management service at an additional cost which includes cleaning and property maintenance for your property.

Property owners can apply to become citizen after being resident for a period of 5 years. Once you have been a resident for a period of 5 years you can then apply to the Italian immigration authorities and subject to their approval, citizenship is granted.

Currently holding an Italian passport ranks third in the world.

Italy welcomes dual nationality and citizenship

In short, no neither Ocean Properties nor the country of your choosing for second citizenship will inform your current country of your application or your receipt of a second passport.

The initial requirement is 50,000 Euro deposit and the payment of the supporting government and local fees for the purchase of the property which includes tax and legal fees.

Information is available on our website; in addition to which our knowledgeable sales representatives will be able to answer any queries you may have or be able to point you in the right direction should you need any specific information you may require.

Obtaining a residence visa should take approximately 3 months from submitting all the relevant documentation and signing the Sales and Purchase Agreement. Purchases must be in Italy for a period of 14 days in order to complete the residency process

Family members can apply for the residence visa for free; this however will be subject to the size of the investment. There is an additional charge for Children above the age of 18, further details are available from our sales team.

As we don’t act as mortgage brokers we are unable to offer financial services. Yet, the local banks are generally happy to work alongside our investors with various financial tools subject to their status

Once you are in Italy, we can help you arrange a viewing of the site but do not actually arrange travel itineraries apart from advising on flights, trains, car hire etc.

Pescara domestic airport in around 90km from Colonnella, although you can also fly to Rome international airport which is approximately a 2 hours drive from the site

No, as we coordinate all appointments to ensure that we have an expert on hand to answer any question you may have regarding the purchase, rental or any other matter relating to your property.

Once you have one or more properties you want to view we can advise on travel and accommodation in the area and arrange an appointment with a local agent. As all viewings are arranged with an English-speaking, highly knowledgeable and licensed real-estate agent.

We offer the following services to our clients:

• Property management
• Resale and rental
• Security and maintenance
• Assistance with government and municipality formalities
• Investment advice
• Residence visas