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Bilocale in Via dell'Oliveto 4

Trieste, Friuli-Venezia Giulia
Bedrooms
1
Baths
1
m²
50
Price per m²
€1,780
Property type
Apartment
Rooms
2 locali

VIA DELL’OLIVETO | SAN GIOVANNI. Nel rione di San Giovanni, in Via dell’Oliveto 4, proponiamo in vendita un bilocale di 50 mq commerciali, situato al piano scantinato di uno stabile degli anni Trenta, in una zona ben servita e a dieci minuti a piedi dal centro. L’appartamento presenta una distribuzione funzionale…

cellargarden

What it really costs

Can you move in?

Move in as it is

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

At €89,000 (€1,780/m²), the effective cost is about €1,980/m² after allowing €200/m² for a habitable but dated property—nearly 2.8× the local €717/m² benchmark. The central, well-served Trieste location and 2 km proximity to the sea help, but the basement setting, energy class G and limited 50 m² do not justify the premium.

More on the house and the area
What the photos show

A clean, immediately usable one-bedroom apartment with a functional kitchen, bathroom, heating, and attractive mature greenery around the building. It is practical rather than dreamlike: the interiors are modest and dated, and the semi-basement setting limits light and views.

Updating, not renovation
€10,000 – €14,000

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

Our read of the photos is €200/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€3,000 – €5,000

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
€99,000 – €103,000
What worries us about this house
  • Semi-basement location may mean limited daylight, privacy, and possible dampness concerns.
  • Energy class G and older finishes suggest higher running costs and some future updating.
  • The garden appears to be communal rather than a private outdoor space; no notable view is shown.

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 55/100

The cluster is in the built-up area of Trieste, with the Adriatic at hand and the Karst plateau immediately above the city. The Gulf of Trieste and the Val Rosandra nature reserve are within the local area. Trieste is the nearest town of size and has a large historic centre, port, railway station, university and full city services. The area is known for its seafront city fabric, port and the limestone Karst behind it.

The comune of Trieste
People living here
198,388
-1.5% between the 2011 and 2021 census
Over 65
28%
11% are under 14
How far to everything
To the sea
2 km
Property address:Via dell'Oliveto 4
Get directions

Asking price

€89,000
Deal score
29/100
Wow
57/100

Listed 28/10/2026