If I wanted to put my parents property

see

http://www.lifeinitaly.it/Inglese/Buy_property_in_Italy.htm

You cna either buy it or they can donate it to you - Both have costs which will be significant - its not someting you can do for free.   Both are public acts and you pay taxes and notary fees. 

https://www.notariato.it/en/famiglia/donations-succession-and-willsin english

I reckon you are looking at 1000s to buy (or donate if the same cost as indicated) as whare as the taxes will be a %. The Notary cost will be a minimum at least (>€4000?). Do a search on "cost of buying a house in Italy" and look at a few. Not too sure what todays tax is for a none resident, but around 9% at a guess. The two others guys here will know better, but I would hazzard a guess you can't rig the tax by a low valuation...

Steve ,on the page - have the exactly expenses -yet - second home - 9%firtst home , 2%and some fixed expenses for registration - on the notary association - have even IMPORTANT NOTES , about the SUCCESSIONE = property transfert in case of the deed ( change if is from pater/mother - other family member - NOT family member )

3% of the cadastral value is what I read for donation deed.the only problem is it puts off buyers later on due to not being able to get a mortgage on it.

I read about nuda proprietà as an option - vendere la nuda proprietà significa vendere il proprio immobile, ma tenendo per sé il diritto di viverci per tutta la vitathis might be better if it avoids the re-sale hazards

on a property received by donation, 20 years must have elapsed from the donation, however there are insurance companies that issue policies, which are accepted by some banks 

nuda proprietà , is an option - you can SALE with standard Atto NOtarile , the nuda proprietà - and save to seller the use of property thil theys life end . - Is necessary use a Notary services -

ok and nuda proprieta has no re-sale issues then? (like donazione  the 20 years) 

re-sale not problem -

purchase as - nuda proprietà - have the same expenses as standards purchasing !!

ok which is 9% tax even if it is only home?

if the purchase is for second home 9%  - if for prima casa 2% - 

mortgege to buy nuda proprietà from parents is prosecutable - if you are interested , the full mortgage pachage , enclose opening of an italian bank account - and Elective Residence, for buy as prima casa . 

There are only problems with donations if it is challengeable.  For example you have two kids, and you donate the house to one of them.  The other could challenge it in court.  If you are an only child and your parents give you a house - then no-one can challenge it - and the 10 or 20 year problem doesnt arise.  

it is not entirely true, Modi, even if the donation is made in favor of an only child - the banks normally do not grant the loan, up to the end of the 20th year -I had a similar problem about 6 months ago - the recipient of the donation, she was 89 years old, never married, dead parents, dead siblings, sole heir to a nephew, to whom she had given to avoid an expensive inheritance tax - and that was the seller of the good.We have solved the problem with a specific insurance for donations, in favor of the bank (cost 200-eu on a donation value of 39000 eur - and 18 months for the completion of 20 years)But this occasion, cannot be generalized, three banks had rejected this solution - and finally not all customers, find a broker with the appropriate knowledge -