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Trilocale in Via Michelangelo 99

Osimo, Marche
Bedrooms
2
Baths
1
m²
100
Price per m²
€590
Property type
Apartment
Rooms
3 locali

OSIMO - Appartamento di ampia metratura al piano terra da ristrutturare in zona semi-centrale composto da ingresso indipendente, sala, cucina abitabile, disimpegno, 2 camere, bagno, 2 cantine e corte condominiale. Un investimento ad un ottimo prezzo! CLASSE ENERGETICA: Classe G VIRTUAL TOUR: Rif. V-000870 Altre…

independent entrancepoolterrace

What it really costs

Can you move in?

Not before the basics are done

Condition not stated in the listing

Must be done first

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

At €59,000, this 100 m² apartment needs substantial renovation, estimated at about €70,000, bringing the effective cost to roughly €129,000 or €1,290/m². That is well above the local comparison level of €554/m², so the low asking price does not translate into a strong deal.

Minimum to live in it€350–500/m²
€35,000 – €50,000

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.

This house
Comfortable
€60,000 – €90,000

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

Our read of the photos, €700/m², falls in this band.

Full€1,200–1,500/m²
€120,000 – €150,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€20,000 – €35,000

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
€119,000 – €149,000

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

The cluster sits on the hills south of Ancona in the Conero area, with the Monte Conero headland and the Adriatic coast within about 15 km. The Conero Regional Park is nearby, covering the wooded limestone slopes around Monte Conero and the coast between Ancona and Sirolo. The nearest larger city is Ancona, which has the port, rail links, hospitals and the main urban services of the province. Osimo itself is known for its hilltop historic centre and underground caves.

The comune of Osimo
People living here
34,792
+2.4% between the 2011 and 2021 census
Over 65
23%
14% are under 14
Flood zone
4.5%
of residents live in a medium-risk flood area
Landslide zone
2.1%
of residents live in a high-risk landslide area
How far to everything
To the sea
12 km
Nearest airport
42 min drive
Property address:Via Michelangelo 99
Get directions

Asking price

€59,000
Deal score
38/100

Listed 21/10/2026