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Villetta a schiera in Vico Portela

Fornelli, Molise
Bedrooms
2
Baths
1
m²
85
Price per m²
€282
Property type
Townhouse
Rooms
3 locali

Spesa agenzia a caricio acquirente: euro 2500 + iva. "Proponiamo come Associazione di Categoria" in uno dei borghi piu belli d' italia appartamento terra cielo composto da ingresso in salone cucina al piano terra, al piano basso stanza con balcone/terrazzato, al 3° piano bagno con camera letto con balcone CASA…

balconypoolterrace

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 €24,000 (€282/m²), the low asking price is outweighed by the stated complete renovation requirement: estimated total cost is about €117,500, or €1,382/m² before the buyer’s €2,500 + VAT agency fee. The historic-borgo setting and balconies add appeal, but this is not a strong value proposition against comparable local pricing.

More on the house and the area
What the photos show

This is an unusually cheap townhouse in a picturesque Molise hill village, with strong mountain scenery, balconies, and a generous terrace. The home appears roofed, floored, furnished, and basically functional, but the advertised “completely to be renovated” condition means it is more of a substantial renovation project than a move-in dream home.

Comfortable€600–900/m²
€51,000 – €77,000

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

This house
Full
€102,000 – €128,000

Turnkey, facade and insulation included.

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

Materials only, work you may do yourself€34,000 – €50,000

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
€126,000 – €152,000
What worries us about this house
  • The listing explicitly says the house is completely to be renovated, despite furnished rooms and an apparently usable bathroom and kitchen.
  • The narrow multi-level layout may be challenging for everyday living, with bedrooms and bathroom spread across floors.
  • Buyer pays an agency fee of €2,500 plus VAT; utilities, structural condition, and renovation scope need verification.

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 68/100

The cluster sits in the upper Volturno valley under the Mainarde and Matese sectors of the central-southern Apennines. The Volturno river rises nearby at Rocchetta a Volturno. The Mainarde area is protected by the Parco Nazionale d'Abruzzo, Lazio e Molise a short distance to the west, and the Matese massif lies to the south-east. The nearest ski lifts are the Campitello Matese lifts, roughly an hour's drive depending on road conditions. Isernia is the nearest town of size, with the usual provincial services, rail station and a substantial historic centre. The area is known for mountain pastures, transhumance country and Samnite archaeology, with Pietrabbondante within the wider province though not inside the immediate radius.

The comune of Fornelli
People living here
1,800
-7.0% between the 2011 and 2021 census
Over 65
24%
11% are under 14
Flood zone
2.1%
of residents live in a medium-risk flood area
Landslide zone
5.5%
of residents live in a high-risk landslide area
How far to everything
To the sea
53 km
Nearest airport
101 min drive
Property address:Vico Portela
Get directions

Asking price

€24,000
Deal score
32/100
Dream
44/100
Wow
62/100

Listed 26/10/2026