IF I SELL A HOUSE PURCHASED WITH "FIRST HOUSE" FACILITIES BEFORE 5 YEARS WHAT HAPPENS?
The Income Revenue Authority will require the tax difference between the 1st and 2nd house, an over-tax of 30% and interests of arrears. Unless, within one year from the sale of the property, it hasn't been bought back another property to destine at first home. Once it has been passed five years, one is free to sell without any restrictions.
TORNA ALLE F.A.Q.