Edificio in Via Millefiori 12
Langhe, Novello: rustico terratetto da ristrutturare Nel cuore pulsante del centro storico di Novello, perla delle Langhe celebre per i suoi panorami mozzafiato e la straordinaria tradizione enogastronomica, Candela Immobiliare propone in esclusiva un caratteristico terratetto rustico di circa 160 mq. Una soluzione dal…
What it really costs
Can you move in?
Livable, but something basic is worn out
Condition not stated in the listingSee what needs doing and what each job costs
At €79,000 for 161 m², this historic-center Langhe property needs substantial renovation estimated around €177,000, bringing the effective cost to roughly €1,591/m² versus about €196/m² for comparable local listings. The Novello location, terrace and parking add appeal, but the renovation burden makes the overall investment weak.
More on the house and the area
This is an authentic old-town Langhe house with attractive historic details, including an arched entrance, traditional shutters, old tiled floors and exposed masonry. It is roofed and has several finished rooms plus a bathroom, but it is clearly a renovation project rather than a move-in-ready home, with dated services and unfinished areas.
All the services redone, bathrooms, kitchen, windows. The structure is left alone.
Turnkey, facade and insulation included.
Our read of the photos, €1,100/m², falls in this band.
Materials only, work you may do yourself€64,000 – €94,000
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.
- Substantial renovation is needed, including finishes, windows, wiring and likely plumbing/heating upgrades.
- The property appears to lack a usable fitted kitchen, and the bathroom is very dated.
- The upper level/attic and garage-cellar spaces are unfinished or heavily utilitarian; no exterior private space is evident.
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 82/100The cluster sits in the Langhe hills, with vineyard slopes and ridgelines immediately around it. The Tanaro valley lies nearby, and the Alps are visible to the west on clear days but are not within the immediate 15 km landscape. Barolo is a few kilometres away, and Alba is the nearest larger town in the wider area, with rail links, services and a substantial historic centre. This part of the Langhe is covered by the UNESCO World Heritage site Vineyard Landscape of Piedmont: Langhe-Roero and Monferrato. The area is known for Barolo wine, vine-growing and food tourism linked to wine estates and local gastronomy.