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Edificio in Corso Giacomo Matteotti

San Germano Vercellese, Piemonte
Bedrooms
0
Baths
0
300
Price per m²
€230
Property type
Palazzo

Nel cuore di San Germano Vercellese proponiamo in vendita una soluzione di ampia metratura e grande versatilità, ideale sia per famiglie numerose sia per chi desidera un investimento immobiliare con più unità indipendenti. Al piano terra si trova un locale commerciale di circa 110 mq, uno spazio ampio e facilmente…

terrace

What it really costs

Condition not stated in the listing
See what needs doing and what each job costs
Why this price is what it is

At €69,000 for 300 sqm, the ask is just €230/sqm, but with a likely renovation budget around €700/sqm the effective cost is about €930/sqm, far above the local low-stock baseline of €189/sqm. The large size and central location help, but the description is vague on condition and includes a 110 sqm commercial space, which weakens it as a straightforward livable home buy.

More on the house and the area
What the photos show

This is a big, very cheap mixed-use village building with some usable finished rooms, bathrooms and a terrace/courtyard, so it is more than a shell. But the photos show little beauty or character, and a substantial portion still feels empty, commercial or mid-renovation rather than a ready dream home.

Minimum to live in it350500/m²
€105,000 – €150,000

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.

This house
Comfortable
€180,000 – €270,000

All the services redone, bathrooms, kitchen, windows. The structure is left alone.

Our read of the photos, €700/m², falls in this band.

Full1,2001,500/m²
€360,000 – €450,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€59,000 – €105,000

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.

Asking price + this range
€249,000 – €339,000
What worries us about this house
  • Street-facing facade is plain and on a busy road.
  • Interiors are very basic and partly unfinished/empty.
  • Large commercial/ancillary spaces need significant adaptation for residential use.
  • No proven views, garden, or scenic setting in the photos.

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 38/100

This is the western Po plain in the Vercelli rice country, with flat agricultural land, irrigation canals and paddies across the area. The Sesia runs nearby to the east, and the Dora Baltea is not far to the north-west. Vercelli is the nearest town of size, with a substantial historic centre and services.

The comune of San Germano Vercellese
People living here
1,596
-16.7% between the 2011 and 2021 census
Over 65
26%
11% are under 14
How far to everything
To the sea
110 km
Nearest airport
66 min drive
Nearest city
60 min drive
Property address:Corso Giacomo Matteotti
Get directions

Asking price

69,000
Deal score
58/100
Dream
33/100
Wow
48/100

Listed 04/08/2026