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Terratetto con Appartamento e Magazzino

San Giacomo delle Segnate, Lombardia
Bedrooms
0
Baths
0
m²
390
Price per m²
€108
Property type
Palazzo

Terratetto con Appartamento e Magazzino. Habitable, autonomo heating, esposizione doppia.

heating

What it really costs

Can you move in?

Livable, but something basic is worn out

In the listingHabitable
See what needs doing and what each job costs
Why this price is what it is

At €42,000 plus an estimated €78,000 for habitable-condition work, the effective cost is about €308/m², well above the local €187/m² benchmark. The 390 m² property includes a warehouse, while bedrooms and bathrooms are listed as zero, so the usable residential area and layout need verification.

More on the house and the area
What the photos show

This is a genuine, heated and usable home with a large apartment, fitted kitchen, bathroom, generous rooms, and an enormous attached warehouse. The polished stone and terrazzo floors add some Italian character, but the interiors are plain and dated, while the property lacks a proven scenic setting or photogenic exterior. At €42,000 for 390 m², its strongest appeal is the exceptional space-to-price ratio.

Updating, not renovation
€78,000 – €112,000

Decoration, tired fittings, a bathroom or a kitchen. The house is liveable as it stands.

Our read of the photos is €200/m². There is no published price band below €350/m², so the range is that figure widened by the spread of the lightest band.

Materials only, work you may do yourself€26,000 – €44,000

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.

Asking price + this range
€120,000 – €154,000
What worries us about this house
  • Interiors are highly dated and would benefit from cosmetic modernization.
  • A very large portion of the property appears to be warehouse/storage space rather than living accommodation.
  • The gallery does not show an exterior, garden, terrace, or notable views.

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 34/100

This is the lower Po plain around the Secchia valley, with flat agricultural land, drainage canals and embankments. The Secchia flows nearby and the Po is not far to the north. Mantova is the nearest city of size, with major historic buildings and the lakes formed by the Mincio around the city. This part of southern Lombardia is known for intensive farming and for the earthquake-hit plain settlements between Mantova, Modena and Ferrara.

The comune of San Giacomo delle Segnate
People living here
1,487
-17.8% between the 2011 and 2021 census
Over 65
31%
9.4% are under 14
Flood zone
49%
of residents live in a medium-risk flood area
How far to everything
To the sea
99 km
Property address:San Giacomo delle Segnate
Get directions

Asking price

€42,000
Deal score
45/100
Dream
32/100
Wow
62/100

Listed 16/10/2026