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Investimento immobiliare con 4 appartamenti da realizzare!

Codroipo, Friuli Venezia Giulia
Bedrooms
4
Baths
1
m²
264
Price per m²
€144
Property type
Farmhouse
Rooms
5 locali

Nel cuore della città, interessante complesso immobiliare disposto su tre livelli, con corte interna e fabbricati accessori. L’immobile necessita di una riqualificazione completa, offrendo però importanti margini di valorizzazione. Attualmente composto da tre unità abitative, il progetto consente di ricavare fino a…

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What it really costs

Can you move in?

Not before the basics are done

Condition not stated in the listing

Must be done first

  • Damp
See what needs doing and what each job costs
Why this price is what it is

The €38,000 asking price is attractive at €144/m², but the listing calls for complete redevelopment: roughly €290,000 in works at €1,100/m², bringing the effective cost near €328,000 or €1,244/m². That is far above the local €260/m² benchmark, despite its central location and potential for multiple apartments.

More on the house and the area
What the photos show

This is a characterful old-town farmhouse complex with exposed stone and brick, timber shutters, tiled roofs, and a leafy internal courtyard. However, the listing explicitly calls for complete redevelopment, so despite the attractive historic fabric and very low price, it is primarily an investment project rather than a ready-to-live-in home.

Comfortable€600–900/m²
€158,000 – €238,000

All the services redone, bathrooms, kitchen, windows. The structure is left alone.

This house
Full
€317,000 – €396,000

Turnkey, facade and insulation included.

Our read of the photos, €1,100/m², falls in this band.

Materials only, work you may do yourself€105,000 – €154,000

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
€355,000 – €434,000
What worries us about this house
  • Requires a complete renovation and is not currently move-in ready.
  • Only one bathroom is listed for a large 264 sqm complex.
  • Interior living areas, utilities, and structural condition are not shown; access and renovation costs need careful checking.

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 54/100

This is the central Friulian plain between the Tagliamento and Stella river systems, with flat agricultural land and scattered villages. The Tagliamento runs nearby and is one of the main landscape features of this part of the province. Villa Manin at Passariano, just outside Codroipo, is a major Venetian villa complex used for exhibitions and events. Udine is the nearest larger town, with a substantial historic centre, services and rail connections. The area is known for farming and for the historic estate landscape around Villa Manin.

The comune of Codroipo
People living here
15,802
+0.4% between the 2011 and 2021 census
Over 65
26%
13% are under 14
Flood zone
73%
of residents live in a medium-risk flood area
How far to everything
To the sea
32 km
Nearest airport
57 min drive
Nearest city
40 min drive
Property address:Via Giovanni Battista Candotti
Get directions

Asking price

€38,000
Deal score
34/100
Dream
52/100
Wow
48/100

Listed 18/10/2026