Edificio in Via delle Finanze 27
PALAZZETTO INDIPENDENTE 200MQ DA RISTRUTTURARE INVESTIMENTO VISIONARIO NEL CUORE PULSANTE DI CATANIA TrinacriaReCompany, gruppo immobiliare di Corso Italia 298 vende immobile, situato tra Piazza Turi Ferro e Via Giovanni Di Prima, area destinata a ridefinire il volto del centro storico. 200 mq distribuiti su due…
What it really costs
See what needs doing and what each job costs
At €90,000 for 200 sqm, the asking price is €450/sqm versus a low local baseline of €393/sqm, but the description clearly says da ristrutturare, so I estimate about €1,100/sqm renovation, making the effective cost roughly €1,550/sqm. Central Catania and 1 km from the sea support the value, and the flexible palazzetto format suits hospitality/investment use, but as a full restoration project it is not a standout bargain on price alone.
More on the house and the area
The street presence is atmospheric and memorable, with rough lava-stone walls, balconies and real old Catania character. Inside, though, it is a stripped, decayed shell with damaged finishes and no evident habitable rooms, so this is a visionary restoration project rather than a home you could live in soon. The beauty is in the setting and bones, not the current condition.
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€79,000 – €117,000
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.
- Full renovation required; interiors are currently derelict and not livable.
- Likely structural/restoration complexity in a historic center building.
- No functioning kitchen or bathrooms shown.
- Urban old-town setting with no private outdoor space or proven views.
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 55/100This is inside the built-up area of Catania on the Ionian coast, at the foot of Mount Etna. The Simeto plain lies immediately to the south and west, and the lower Etna slopes begin just inland. Catania has a large historic centre with major Baroque monuments and the city functions of a provincial capital, including a university, port and airport. Mount Etna, a UNESCO World Heritage site and active volcano, dominates the landscape; the southern access roads to the Etna area and its ski lifts run up from the city side, with Rifugio Sapienza roughly an hour's drive away. The coast here is urban waterfront rather than a distinct scenic shore.