Palazzo - Edificio in Mendicino
Palazzo - Edificio in Mendicino. Needs renovation, esposizione esterna, balcone.
What it really costs
Can you move in?
Not before the basics are done
In the listingNeeds renovationSee what needs doing and what each job costs
Estimated renovation ~€700/m² → €140,000 total; effective price €165,000 or €825/m² versus regional median €302/m², so the low asking price hides large renovation costs and the unit is overpriced.
More on the house and the area
A compact three-storey palazzo with a handsome arched doorway, balconied first floor and stone cornice details — lots of historic character on the exterior. The building appears solid and roofed but needs renovation (and likely damp remediation) before it’s a fully comfortable home; at €25k it’s a true bargain for someone willing to restore.
Certified wiring, water and drainage, a heat source, a roof that keeps the water out, one working bathroom. Facade, insulation, a second bathroom and the floors wait.
All the services redone, bathrooms, kitchen, windows. The structure is left alone.
Our read of the photos, €700/m², falls in this band.
Turnkey, facade and insulation included.
Materials only, work you may do yourself€40,000 – €70,000
Wiring, water and sanitary work of any kind, heating, air conditioning and gas go to a registered firm by law, and so do flues and the air openings for gas appliances. That labour stays in the bill. Yours is the stripping out, plaster, paint, floors, tiling and carpentry.
Labour is 61% of a renovation price on average and 67% at the median, across 191 items of the Emilia-Romagna 2025 public price list. Materials are the rest. An averaged price list, not a quote.
Materials you buy yourself carry 22% VAT; supplied by the firm doing the work they go at the 10% renovation rate. On a €30,000 materials bill that is €3,600 of extra tax.
Household wiring installed before 13 March 1990 counts as compliant if it has a main breaker with overcurrent protection, protection against direct contact and a 30 mA RCD. Having a firm bring the existing wiring up to that and certify it is the cheapest lawful route.
Bringing a house that has stood empty back into service: new water, sewer and electricity, plus the practices. The same sum on an 80 m² house and on a 300 m² one, which is why a €40,000 house is not a €40,000 project.
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Water 1,800 · sewer 2,500 · electricity 700–1,600 · CILA 1,000 · cadastral filing 500 · structural design 700 · Legge 10 report 900 · safety coordination 1,800
No mains drain: add €2,000–4,500 for a septic tank. Listings never say, so ask.
- Needs renovation — likely cosmetic work and updates to systems
- Signs of damp/staining at ground level visible in photos
- Narrow alley access (limited parking) and no interior photos to judge internal condition
Estimate from the listing and its photos, not a survey. Treat it as the starting point for your own quotes. An Italian builder's quote is normally written without VAT and without design fees, so add about a quarter to any figure a firm gives you.
The area around
Location score 52/100The cluster is in the hills immediately west of Cosenza, on the lower slopes of the Coastal Range (Catena Costiera) that separates the Crati valley from the Tyrrhenian side. The Crati valley and the urban area of Cosenza are the main daily reference point, with city services, shops, hospitals, rail connections and the historic centre of Cosenza close by. Sila National Park is farther east beyond Cosenza and does not sit within the immediate 15 km landscape. This part of inland Calabria is known for olive groves, wooded hills and scattered hill villages rather than for a single landmark landscape or protected site within the immediate area.