Casa singola
SOLO per INVESTITORI : quota di 1/3 di piena proprietà di immobile sito a induno olona in via carso, 2 con box doppio e, con annessa area pertinenziale. Trattasi di due appartyamenti al piano terra e primo in casa singola ,
What it really costs
- Only a share of the property is for sale
See what needs doing and what each job costs
The price appears attractive at €189/m² versus a €418/m² baseline, but the description reveals this is only a 1/3 share of full ownership (quota di 1/3 di piena proprietà), explicitly marketed to investors only. The €43,400 buys a partial stake, not the whole 230 sqm villa, so the effective per-square-meter cost is roughly 3x higher and you cannot control or freely use/sell the property. Partial ownership makes this illiquid and hard to exit. Despite the low headline price, this is a trap for anyone seeking a usable home.
More on the house and the area
The €43,400 price and 189 €/m² look like an extreme bargain, but the description clarifies this is only a 1/3 ownership share of the property, aimed strictly at investors — so the apparent value is illusory. Exteriors are ordinary: dated yellow/ochre rendering, worn external staircase, standard two-story single house with a double box. The one genuine appeal is the mature terraced garden with a gazebo and lush greenery, which has real charm. No stunning interiors shown (only exteriors and garden). Overall an ordinary property with a garden bonus, undermined by the fractional-ownership caveat.
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.
Our read of the photos, €400/m², falls in this band.
All the services redone, bathrooms, kitchen, windows. The structure is left alone.
Materials only, work you may do yourself€27,000 – €45,000
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.
- Listing is for 1/3 ownership share only, not full property — price reflects fractional stake
- Investors only ('SOLO per INVESTITORI') — likely encumbered or complex sale
- eur_m2 of 189 is misleading since it's a partial ownership quota
- No condition, year, or energy class data
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 71/100The cluster sits in the Valceresio at the foot of the pre-Alpine slopes on the Swiss border. Lake Lugano is within about 10 km at Porto Ceresio. Monte San Giorgio, on the Italian-Swiss side of the lake, is a UNESCO World Heritage site for its Triassic fossils. The nearest larger town is Varese, with services, rail links and the Sacro Monte di Varese UNESCO site farther southwest. The area is known for wooded hills, small border valleys and cross-border commuting toward Mendrisio and Lugano.