Condo hotels are now a reality also in Italy. A condo hotel is a hotel in which some of the rooms have been transformed into small apartments equipped with services and a kitchen and sold to private buyers. The advantages of buying a property in a condo-hotel are plural: the owners will make a real estate investment in Italy; they will use the apartment when needed and rent and manage it as a hotel room in the periods when it is not used, sharing the profits with the hotel management. This is particularly advantageous for foreign citizens spending in Italy only part of the year. They will have a property available, with the facilities of a hotel and without the hassle related to being the owner of a standard private apartment.
In Italy decree 13/2018 governing condo hotels has entered into force on March 21st.
For more information, please click here.
The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer
for more details.