Your lake Garda property market
Your lake Garda property market
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Professional letting of property

The professional letting of holiday apartments is liable to VAT as it has the aim of making a profit. In case you offer more than three holiday properties or your property is permanently advertised for either by printed advertisements or online, the state will automatically assume that you are intending to let property on a professional scale.

As commercial landlord you have to form a business. The costs for the notary, including all additional incurring fees, run up to about 2.500–3.000 euros. After that your business has to be registered with the local authority responsible, as well as the chamber of commerce. Moreover, you also need an expert’s report on the structural safety regulations of the property you want to rent out. The costs amount to roughly 1.500 euros.