Palazzo - Edificio in Valgreghentino
VALGREGHENTINO CENTRO – FABBRICATO DI CIRCA 200 MQ – DUE UNITÀ CATASTALI Nel centro di Valgreghentino, in provincia di Lecco, proponiamo in vendita fabbricato da ristrutturare, sviluppato su due livelli per una superficie complessiva indicativa di circa 200 m². La proprietà è inserita in un contesto abitativo con…
What it really costs
Can you move in?
Not before the basics are done
In the listingNeeds renovationSee what needs doing and what each job costs
At €90,000 for 230 m², plus roughly €700/m² for renovation, the effective cost is about €1,091/m²—far above the local sub-€100k stock level of €187/m². The description cites about 200 m² rather than 230 m² and leaves structural, planning, and energy details to be verified.
More on the house and the area
The mountain panorama from the upper terrace is the clear attraction, and the central village setting gives the property authentic Italian character. However, this is a large, visibly deteriorated building sold as a renovation project, not a move-in-ready home; its real livability depends on substantial works and an interior inspection.
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€46,000 – €81,000
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.
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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.
- Major renovation is explicitly required, with visibly weathered facades, balconies, and shared/exterior areas.
- No interior photos are provided, so the condition of floors, roof, utilities, kitchen, and bathrooms is uncertain.
- No private land is included; the property is tightly surrounded by neighboring homes.
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 75/100The Grigne massif (the Grigna) and Monte Resegone lie within about 15 km to the north and northeast of Calolziocorte. The Adda river runs through the valley at Calolziocorte and the small lake basin including Lago di Garlate and Lago di Olginate is within a few kilometres. Monte Barro Regional Park sits inside the 15 km radius on the Lecco side of the lake basin. The Piani d'Erna cable-car area above Lecco provides nearby mountain access; larger alpine ski resorts are farther away. The nearest city of size is Lecco (roughly 7–10 km), which has a railway station with regional connections, hospitals and full local services. The SS36 road and regional rail lines run close by and the locality functions as part of the Brianza–Lecco commuter/industrial area. The Lecco/Grigne area is known regionally for hiking, rock climbing and lakefront recreation.