Palazzo - Edificio in Villapiana
Interessante opportunità immobiliare a pochi passi dal mare, ideale per chi cerca una proprietà dalle grandi potenzialità, sia come abitazione privata sia come investimento. La proprietà, interamente da ristrutturare, è costituita da un intero fabbricato suddiviso in 4 unità immobiliari indipendenti, organizzate su…
What it really costs
Can you move in?
Not before the basics are done
In the listingNeeds renovationSee what needs doing and what each job costs
At €100,000 (€400/m²), this four-unit palazzo needs a full renovation estimated at about €175,000 (€700/m²), bringing the effective cost to roughly €1,100/m² versus €327/m² for comparable properties. Its beachfront location and four independent units add investment potential, but the renovation burden is substantial.
More on the house and the area
This is a substantial seaside property with four independent units, a private access courtyard, balconies, and a potentially attractive rooftop terrace. However, the exterior is ordinary and the whole building is explicitly described as requiring renovation; without interior photos, it reads more as a large investment project than a beautiful ready-to-live Italian home.
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.
All the services redone, bathrooms, kitchen, windows. The structure is left alone.
Our read of the photos, €700/m², falls in this band.
Turnkey, facade and insulation included.
Materials only, work you may do yourself€50,000 – €88,000
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.
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.
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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.
- Entire building requires renovation, so it is not currently a move-in-ready home.
- The gallery provides no interior photos, leaving the condition of kitchens, bathrooms, floors, roof, and utilities unverified.
- The property is large and multi-unit, which may mean substantial renovation and management costs.
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 58/100The area is on the Ionian coast of Calabria at the plain and low hills around the mouth of the Crati basin, with the long beach of the Gulf of Taranto close by. The Sibari plain lies immediately inland, a broad agricultural lowland of citrus groves, olive trees and arable fields. The Pollino massif rises farther inland to the west and northwest, but it is outside the immediate landscape radius. The nearest town of size is Corigliano-Rossano, which provides major services, rail connections and a larger commercial centre for this stretch of coast. Sibari is nearby and is known for the archaeological area of ancient Sybaris and for the coastal holiday settlements of the plain. This part of the coast is known for beach tourism and intensive agriculture on the plain.