• Standard rent

In Italy, residential rental contracts usually last four years, with the landlord required to offer a renewal for another four years. The landlord can refuse this renewal only in cases specified by law (e.g., personal use of the property, a family member’s use, or renovation works). Outside these situations, the tenant has the right to renew, making the lease generally last a total of 8 years.

The tenant, in contrast, can terminate the lease at any time for ‘serious reasons’ with six months’ notice. Additionally, contracts often give the tenant this right even without ‘serious reasons’.

Once signed, the lease agreement must be registered with the Revenue Agency. For private landlords, rental income is typically taxed at 21%. Expenses are not deductible.

• Transitional rental lasting up to one year

Intended to meet temporary needs, such as work, study, caring for a family member, or renovation, with these contracts allowing the landlord to avoid an eight-year commitment.

• Tourist rental lasting up to one year

These are common in the tourism sector; they do not permit establishing residence in the property.

• Short-term rental

These are a subcategory of tourist rentals; they do not exceed 30 days and do not require registration.

• Rent-controlled agreement

They are less common; these are arranged through trade associations. Rents are generally below market rate, but the tax advantages partly offset the difference.