Lake Como Apartment for a Retired Healthcare Professional
€395,000 · 15 years · 3.90% fixed. A retired doctor from the Home Counties had purchased a ground-floor apartment with lake views on Como's western shore.
The Client
Retirees Relocating Overseas
The Challenge
A retired doctor from the Home Counties had purchased a ground-floor apartment with lake views on Como's western shore. Her income was from NHS pension and investments. Italian mortgage lenders required codice fiscale registration and a domestic bank account, neither of which she had.
Our Solution
Doulton managed the codice fiscale registration, opened an Italian bank account, and placed the mortgage with a Como-based bank experienced with non-resident retirees. The NHS pension income was translated and documented to Italian lender standards.
The Outcome
Apartment purchased and the client has established Italian residency. Regular stays throughout the year, with occasional rentals to high-end visitors through a local agency. Key highlights: Codice fiscale and Italian bank account arranged; NHS pension income fully documented and accepted; Lake Como non-resident mortgage placed successfully.