Terratetto con abitazioni e locale commerciale a reddito, via Olmetto, centro, Borgofranco d'Ivrea
Nel centro di Borgofranco d'Ivrea, UniCredit RE Services propone in vendita un'intera casa terratetto che rappresenta una rara opportunità per chi è alla ricerca di una soluzione capace di coniugare spazi abitativi, redditività e interessanti prospettive di valorizzazione. Al piano terra trova spazio…
What it really costs
Can you move in?
Livable, but something basic is worn out
In the listingHabitableSee what needs doing and what each job costs
At €99,000 for 200 sqm the asking price is €495/sqm; assuming about €250/sqm to refresh a merely habitable 1950 mixed-use property, the effective cost is about €745/sqm, well above the local baseline of €352/sqm. Positives are the central location, 44 photos, garage/terrace, and two apartments plus rented commercial unit, but the shop component makes it weaker for a straightforward residential bargain.
More on the house and the area
This is a large, genuinely usable townhouse with solid structure, working kitchens and bathrooms, and some appealing old vaulted rooms that add character. The wow comes more from space, authenticity and value for money than from beauty or views. It is habitable now, but most buyers would want a substantial refresh to turn it into a dream home.
Decoration, tired fittings, a bathroom or a kitchen. The house is liveable as it stands.
Our read of the photos is €250/m². There is no published price band below €350/m², so the range is that figure widened by the spread of the lightest band.
Materials only, work you may do yourself€17,000 – €28,000
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.
- Interiors are dated and need significant cosmetic updating.
- No real scenic view; outlook is mainly over nearby rooftops and the street.
- Part of the property is a rented commercial space, so layout/use may not suit all buyers.
- Some rooms feel dark and utilitarian despite being habitable.
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 sits at the entrance to the Dora Baltea valley, with the Biellese and Canavese foothills around it and the Pennine Alps rising farther up-valley. The Dora Baltea runs through this stretch of valley. The Mont Avic Natural Park lies just across the Valle d'Aosta border to the north, and the first Alpine valleys open within a few kilometres. The nearest ski lifts are in the Gressoney and Champorcher sides of Valle d'Aosta, reached in roughly an hour by car, so they are not part of the immediate setting. Ivrea is the nearest town of size, with a full service centre and a historic core; its industrial city of the 20th century is a UNESCO site. This area is known for the old route into Valle d'Aosta, for Romanesque churches and castles around the lower Dora Baltea, and for vine terraces on the valley sides, including the Carema wine area nearby.