Villa in Località Magnasco
nel Comune di Rezzoaglio, in località Magnasco, a 3 km dal centro di Rezzoaglio, a 4 km dal Lago delle Lame ed a 11 km da Santo Stefano d'Aveto, prestigiosa villa d’epoca (inizi del ‘900) con ampio (mq. 3.500) terreno circostante a parco con possibilità di accesso carrabile ed area a parcheggio. La villa è composta al…
What it really costs
Can you move in?
Not before the basics are done
Condition not stated in the listingSee what needs doing and what each job costs
The €60,000 price is very low at €171/m², but the abandoned villa needs major restoration; at an estimated €900/m², the effective cost is about €1,071/m² versus a €476/m² local benchmark. The large garden, historic character and proximity to Lago delle Lame add appeal, but the renovation burden outweighs the headline discount.
More on the house and the area
A characterful early-20th-century villa with a handsome red façade, balconies, outbuildings, mature woodland, and glimpses toward the surrounding mountains. The 3,500 m² park-like grounds are a major strength, but this is an abandoned restoration project rather than a move-in-ready home; the structures are reportedly sound, with fireplaces, wood floors, and beams to recover.
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, €900/m², falls in this band.
Turnkey, facade and insulation included.
Materials only, work you may do yourself€69,000 – €123,000
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.
- The villa has been abandoned for years and needs major restoration before it is comfortably usable.
- The roof structure is reportedly sound, but the covering is asbestos and requires ongoing monitoring.
- No interior photos are provided, so the condition of the kitchen, bathrooms, utilities, and floors is unverified.
- The property sits beside a public road, despite being set back within its grounds.
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 72/100The cluster is in the Ligurian Apennines, in the upper Val d’Aveto, with wooded mountain slopes and pasture around the valley floor. The Aveto river runs through this area. Much of the surrounding territory falls in the Aveto Regional Natural Park. Santo Stefano d’Aveto, the main centre of the valley, is nearby and has basic services and an old village core. The nearest ski lifts are at Santo Stefano d’Aveto on Monte Bue, roughly a 20-minute drive from Rezzoaglio. The area is known for mountain pasture, forests and local dairy products, especially the formaggio d’Aveto tradition.