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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.

Magnificent villa of 650 sqm for sale, elegant interiors. Abruzzo.

Villa for sale, completely designed by the architect Walter Franchini, in Abruzzo, Italy.

Elegant villa completely designed by the architect Walter Franchini. 6 bedrooms, 4 bathrooms, 3 living rooms. 360.000 €. View Property.

Renovated traditional Italian town house near the Adriatic Sea.

Charming renovated town house with stunning brick barrel ceilings, patio and sea view terrace, for sale in the Abruzzo region of Italy.

Character Italian house of 330 sqm with fantastic brick vaulted ceilings and amazing details, sea view terrace and patio. 320.000 €. 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