Since 2002 there is no capital gains tax on property in Italy. There is no wealth tax in Italy. The inheritance tax is up to a maximum of 8%.
V.A.T is 10% on all poperties except luxury homes Registration tax of ca. 168 € Local tax of between 0.4% and 0.9% of property value Notional Income Tax or Income Tax (depending if the property is rented out or not) 25% of income if it is rented out or 0.08% to 0.09% if it is not.