Edificio in Via Giovanni Battista Torelli 26
Scopri questa straordinaria e versatile opportunità di investimento immobiliare in vendita a Lenta. Un intero complesso residenziale dalle enormi potenzialità, perfetto per famiglie numerose che desiderano vivere vicine mantenendo la propria indipendenza, o per chi cerca una soluzione poliedrica da mettere a…
What it really costs
Can you move in?
Move in as it is
Condition not stated in the listingSee what needs doing and what each job costs
The asking price is only €172/m², below the €194/m² local comparison, but the 400 m² complex includes one habitable apartment, another needing modernization, and a rustic apartment requiring full renovation. At an estimated €700/m² renovation cost, the effective investment is about €872/m², making this weak unless the buyer specifically wants a large multi-unit project.
More on the house and the area
This is a substantial, usable residential complex with a furnished apartment, functional kitchen, multiple bedrooms, terraces and parking, making it more than just a renovation project. Its charm comes mainly from the colorful shared courtyard and the generous multi-building layout, but the interiors are ordinary and part of the property needs serious updating or restoration.
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€79,000 – €140,000
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.
- Only one apartment is clearly move-in ready; the second needs modernization.
- The separate three-level rustic building requires substantial renovation.
- Very large 400 sqm complex may bring significant maintenance and heating costs.
- No compelling landscape view or private garden 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 38/100The area is in the eastern Piedmont plain between the Sesia valley and the Novara rice country, with flat farmland, irrigation channels and scattered woods typical of the lower Vercelli-Novara plain. The Sesia River runs a few kilometres east. Vercelli is the nearest city of size, with a historic centre and services; Novara is also within normal daily range. This part of the province is known for rice cultivation.