The journey towards homeownership is a significant milestone for many young adults. In Italy, the first home purchase bonus for individuals under 36 offers a unique opportunity to facilitate this transition. With crucial updates expected in 2026, potential buyers must stay informed and act promptly before these
changes take effect.
This guide examines the details of the bonus, including eligibility criteria and essential timelines for prospective buyers.
Exploring the benefits of the first home purchase bonus
The first home purchase bonus for under 36s is a government initiative aimed at providing various tax advantages for young individuals acquiring their first property. These benefits encompass exemptions and reductions on multiple taxes, making it easier
for young buyers to enter the real estate market.
Key tax benefits available
Eligible individuals can enjoy exemptions from registration, mortgage, and cadastral taxes, along with a tax credit for VAT until December 31, 2026. However, these benefits will gradually phase out after 2026 unless unforeseen extensions occur. Therefore, aspiring homeowners should act swiftly to take advantage of these incentives before they expire.
Upcoming changes in 2026: what to expect
Starting January 1, 2026, a significant update will involve the government guarantee fund for loans aimed at first-time home purchases. This fund will provide guarantees covering up to 80% of the property’s value, applicable only to homes valued at or below 250,000 euros. While this measure seeks to improve access to credit for young buyers, the lack of previous tax incentives may increase the financial burden associated with purchasing a home.
Who qualifies for the bonus?
To qualify for the first home purchase bonus in 2026, applicants must meet specific criteria. An ISEE (Equivalent Economic Situation Indicator) of no more than 40,000 euros is required, and the buyer must be under 36 at the time of the deed. Young couples, single-parent families with minor children, and public housing tenants can also benefit from this bonus. It is crucial that applicants do not already own other properties, as this disqualifies them from accessing the bonus.
Tax implications for property transactions in 2026
From January 1, 2026, real estate transactions will be subject to the standard tax regime. This shift means that for properties purchased from businesses, registration, mortgage, and cadastral taxes will each be set at 200 euros, alongside a VAT of 4%. This represents a substantial change from the current tax benefits and may significantly influence purchasing decisions among young buyers.
General guidelines for the bonus
The fundamental regulations regarding the first home purchase bonus will remain unchanged. The property must not be classified as luxury and should be located within the municipality where the buyer resides or works. If a second home is purchased, the existing property must be sold within one year of acquiring the new residence to qualify for the incentives.
Co-borrowers and bonus calculations
In cases involving co-borrowed mortgages, the relevant ISEE is that of the couple. If one borrower exceeds 36 years of age, the associated benefits will only apply to the portion of the mortgage linked to the younger buyer. Understanding this distinction is essential for maximizing the advantages of the tax relief.
The first home purchase bonus for under 36s presents a valuable opportunity for young individuals looking to enter the housing market. With anticipated changes set for 2026, it is imperative to stay informed and act promptly to maximize the available incentives.