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Bilocale in Frazione Cornetti 58

Balme, Piemonte
Bedrooms
1
Baths
1
m²
45
Price per m²
€644
Property type
Apartment
Rooms
2 locali

BALME - Fraz. Cornetti: proponiamo un affascinante immobile storico risalente al 1830. Questa abitazione di 45 mq offre un'accogliente atmosfera d'altri tempi, caratterizzata da soffitti bassi e pavimenti in legno che raccontano storie di un passato lontano. La casa è composta da due locali ben distribuiti, arricchiti…

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What it really costs

Can you move in?

Livable, but something basic is worn out

Condition not stated in the listing
See what needs doing and what each job costs
Why this price is what it is

At €644/m², the asking price is close to the local €664/m² benchmark, so it is not a standout bargain. The 1830 property appears usable but lacks a shower and its overall renovation condition is not stated; allowing about €250/m² for updates brings the effective cost to roughly €894/m², with the remote mountain location limiting upside.

More on the house and the area
What the photos show

A genuinely atmospheric 1830 mountain home with exceptional alpine views, multiple balconies, timber floors, exposed beams, and a private outdoor area. It appears to be a real, usable dwelling with a kitchen, bedroom, bathroom, and heating stove, though it is rustic rather than move-in polished and needs a shower added.

Updating, not renovation
€11,000 – €16,000

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

Our read of the photos is €250/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€4,000 – €6,000

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
€40,000 – €45,000
What worries us about this house
  • The bathroom currently has no shower.
  • Very low ceilings and a rustic, dark interior may limit everyday comfort.
  • Pedestrian-only access and the mountain setting may make carrying supplies and maintenance difficult.

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 72/100

Balme sits at the head of one of the Lanzo Valleys in the Graian Alps (Alpi Graie). The area is in the Stura di Lanzo watershed; the 15 km radius is high-relief alpine terrain of ridges, peaks and mountain pastures. The surroundings include small mountain communes and hamlets such as Groscavallo, Chialamberto and Lemie, connected by valley roads, forestry tracks and marked mountain trails. The landscape is used for summer grazing and contains alpine pastures and mountain huts/waypoints serving hiking and scrambling routes. There are no coastal shores or large lakes within the immediate 15 km; the provincial capital Turin lies down-valley to the south‑east and is the nearest large city.

The comune of Balme
People living here
99
+10.5% between the 2011 and 2021 census
Over 65
28%
13% are under 14
Flood zone
45%
of residents live in a medium-risk flood area
Landslide zone
9.5%
of residents live in a high-risk landslide area
How far to everything
To the sea
149 km
Property address:Frazione Cornetti 58
Get directions

Asking price

€29,000
Deal score
53/100
Dream
76/100
Wow
80/100

Listed 20/10/2026