Stabile con 4 appartamenti in centro storico
STABILE CON 4 APPARTAMENTI IN CENTRO STORICO. Needs renovation, autonomo heating, porta blindata, cantina.
What it really costs
Can you move in?
Livable, but something basic is worn out
In the listingNeeds renovationSee what needs doing and what each job costs
Large palazzo (4 apartments) in the historic centre listed at €69,912 but needs full renovation estimated at €700/m² (€156k), giving an effective price ≈€1,015/m² vs the area median €187/m², so this is not a bargain. The ad mentions 4 apartments but the facts show 0 beds/0 baths (contradiction).
More on the house and the area
A sizeable palazzo (223 m²) right in Cunardo's historic centre with attractive old-town roofscape — a true character location and strong value at the price. However the building needs renovation and only map/satellite images are provided, so this is a renovation project rather than a move-in-ready dream home.
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€44,000 – €78,000
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.
Show more
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.
- Photos supplied are maps/satellite and marketing slides — no interior or facade photos to assess condition.
- Listed as 'needs renovation' — expect significant refurbishment of interiors and systems.
- Property appears to be sold via auction/agency specialist — legal/administrative complexity and extra fees possible.
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 68/100The cluster is in the pre-Alpine hills north of Varese, close to the border with Switzerland. Lake Lugano is within about 10 km, with the Italian shore at Lavena Ponte Tresa. The area lies inside the Valli del Verbano landscape, with wooded slopes and valleys under Monte Piambello and the ridges above Valmarchirolo. The Parco Regionale Campo dei Fiori is within daily driving distance from here but not inside the immediate 15 km landscape. The nearest larger town is Luino on Lake Maggiore, while Varese is the main provincial city with services, rail links and hospitals. The area is known for chestnut woods, small border valleys and access routes toward the Ceresio and Verbano lake districts.