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Villa with swimming pool and terrace with mountain view.

Beautiful renovated rural villa for sale, with garden and terrace with mountain view. Located in Casoli, Abruzzo region of Italy.

Beautiful villa composed by two separate units, swimming pool, panoramic terrace, garden, olive grove and parking area. 235.000 €. View Property.

Lovely restored country house with character, near the coast.

Beautifully restored stone country house for sale: three bedrooms, fantastic vaulted ceilings and outdoor space. 19km from the coast and 40km from the airport. Abruzzo, Italy.

Three bedrooms, fantastic vaulted ceilings and outdoor space. 19km from the coast and 40km from the airport. Abruzzo. 189.000 €. View Property.

Beautifully restored retaining original character features.

Charming traditional country villa with garden and patio, for sale in Abruzzo region of Italy.

Beautiful country villa with garden, lovely patio and separate workshop, near the lake of Bomba, in Abruzzo. Sold furnished. 229.000 €. View Property.

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Caparra confirmatoria and Caparra penitenziale. What the difference?

Posted by on in Taxes in Italy
Deposit to buy a house in Italy

DOWNPAYMENTS

 Do you know what caparra means? Caparra means a deposit, a down payment.

But, did you know that there are two different kinds of Caparra?
Caparra confirmatoria and Caparra penitenziale, it is important to know that there are substantial differences amongst the two.

Caparra confirmatoria and Caparra penitenziale.
What the difference?


CAPARRA CONFIRMATORIA
- In case of default in completing on the agreed terms, the purchaser will automatically lose the whole of the deposit paid.
- Conversely, if the vendor is to blame, he will be under a binding legal duty to pay to the buyer twice over, the sum originally received as a deposit.
- In addition further sums may be payable, if it is proved that the damages actually exceed the amount of the deposit.


CAPARRA PENITENZIALE
- Subject to the actual wording of the contract, it will enable either or both parties to the contract to withdraw from the transaction.
- By allowing the vendor to keep the deposit paid, in the case of the buyer withdrawing.
- Or compelling the vendor to return the deposit received, where the vendor wishes to terminate the contract.

Tagged in: Purchasing process