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Spazioso appartamento nel centro storico di Penne

Penne, Abruzzo
Bedrooms
2
Baths
1
154
Price per m²
€305
Property type
Townhouse
Rooms
4 locali

Nel cuore del centro storico di Penne, proponiamo in vendita un ampio appartamento di circa 154 m², ricco di potenziale e ideale per chi desidera creare una proprietà di carattere in uno dei borghi più affascinanti d’Abruzzo. Situato al piano terra, l’immobile offre ambienti generosi e numerose finestre che…

cellarpanoramic viewsea view

What it really costs

Can you move in?

Not before the basics are done

In the listingNeeds renovation
See what needs doing and what each job costs
Why this price is what it is

At €47,000 for 154 m², the asking price is €305/m²; with a typical needs-renovation budget of about €700/m², the effective cost is roughly €1,005/m². Against your Abruzzo townhouse baseline of €421/m² this is not cheap on a fully renovated-cost basis, but the very low entry price, large size, historic-center setting, panoramic/sea views, and solid listing quality (18 photos, clear habitable layout) make it a strong project for buyers seeking character and space.

More on the house and the area
What the photos show

This has real old-town romance: brick arches, vaulted ceilings and a lovely historic feel, with hints of panoramic outlook from the borgo setting. It is not a wreck at all—there are floors, rooms, kitchen and bathroom—but it is dated and needs a proper refresh/renovation to reach the dreamy look shown in the staged images. At €47k for 154 m² in Penne, the beauty-plus-potential creates strong wow.

Minimum to live in it350500/m²
€54,000 – €77,000

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
€92,000 – €139,000

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
€185,000 – €231,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€30,000 – €54,000

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.

Connections and paperworkabout €10,000

Bringing a house that has stood empty back into service: new water, sewer and electricity, plus the practices. The same sum on an 80 m² house and on a 300 m² one, which is why a €40,000 house is not a €40,000 project.

Show more

Water 1,800 · sewer 2,500 · electricity 700–1,600 · CILA 1,000 · cadastral filing 500 · structural design 700 · Legge 10 report 900 · safety coordination 1,800

No mains drain: add €2,000–4,500 for a septic tank. Listings never say, so ask.

Asking price + this range + connections
€149,000 – €196,000
What worries us about this house
  • Needs clear renovation/modernisation despite being currently usable
  • Facade and some interiors show wear and dated finishes
  • Panoramic/sea view is only lightly evidenced in photos, not dramatically showcased

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 67/100

The cluster is in the hills between the Gran Sasso massif and the Adriatic, with long views across the Tavo valley and the rolling inland landscape of the Vestina area. The Lago di Penne nature reserve lies at Penne on the artificial lake of the same name on the Tavo river. Gran Sasso e Monti della Laga National Park begins not far inland, with the main high-mountain scenery beyond the 15 km radius. Penne is itself the nearest substantial town, with a walled historic centre on a ridge and civic buildings, churches and local services. The area is known for olive groves, vineyards and hill farming, and for the brick-built historic fabric of Penne.

The comune of Penne
People living here
11,005
-10.6% between the 2011 and 2021 census
Over 65
26%
10% are under 14
Landslide zone
16%
of residents live in a high-risk landslide area
How far to everything
To the sea
19 km
Nearest airport
45 min drive
Nearest city
39 min drive
Property address:Piazza Duomo
Get directions

Asking price

47,000
Deal score
81/100
Dream
68/100
Wow
72/100

Listed 09/08/2026