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Villagrazia-Malpasso - Palazzina 200 mq

Palermo, Sicilia
Bedrooms
3
Baths
2
m²
200
Price per m²
€395
Property type
Villa
Rooms
5 locali

Riferimento immobile: 895654 Zona villagrazia- Malpasso - esattamente in via Altofonte In zona tranquilla a pochi minuti da Palermo, centro città e dagli svincoli autostradali, proponiamo in vendita intera Palazzina di circa 200MQ totalmente da ristrutturare con un panoramico terrazzo con vista su Palermo. la…

panoramic view

What it really costs

Can you move in?

Not before the basics are done

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

At €79,000 (€395/m²), this 200 m² palazzina is explicitly entirely to renovate, bringing the estimated all-in cost to about €299,000, or €1,495/m². That is roughly four times the local €372/m² reference, and the listing does not state the building year or energy performance beyond class G.

More on the house and the area
What the photos show

The panoramic terrace and rooftop views toward Palermo, the sea and surrounding mountains are the clear dream factor. Inside, this is a substantial but very dated multi-level building with existing rooms, kitchens and bathrooms—not a bare shell, but it needs serious renovation before becoming a comfortable home.

Comfortable€600–900/m²
€120,000 – €180,000

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

This house
Full
€240,000 – €300,000

Turnkey, facade and insulation included.

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

Materials only, work you may do yourself€79,000 – €117,000

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
€319,000 – €379,000
What worries us about this house
  • The listing explicitly says the entire 200 sqm building is totally to renovate.
  • The attic/roof area appears in poor condition, with visible deterioration and possible structural or waterproofing work needed.
  • Interiors are usable-looking but dated, and the property is divided across several floors with multiple kitchens and bathrooms.

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 58/100

Monte Caputo rises immediately above the area, on the slopes that lead into the mountains west of Palermo. The Belice-Carboj and western Sicani reliefs are farther away and do not define the immediate 15 km setting. Palermo is the nearest city of size and has the full range of services, a major historic centre, port, rail connections and airport access. Monreale is nearby and its cathedral and Arab-Norman ensemble are UNESCO listed. The area is known for its position on the inland edge of the Conca d’Oro behind Palermo rather than for a distinct rural landscape of its own.

The comune of Palermo
People living here
628,693
-3.4% between the 2011 and 2021 census
Over 65
22%
14% are under 14
Flood zone
7.0%
of residents live in a medium-risk flood area
Landslide zone
0.9%
of residents live in a high-risk landslide area
How far to everything
To the sea
7 km
Property address:Via Altofonte 451
Get directions

Asking price

€79,000
Deal score
28/100
Dream
60/100
Wow
52/100

Listed 23/10/2026