Edificio in Via Giacomo Matteotti 16
Vicino al centro di Lanzo, sito a 400 metri dalla stazione ferroviaria, intera palazzina di quattro piani fuori terra, più un piano interrato e il sottotetto, con giardino privato di circa 300 metri quadri. Il fabbricato risulta libera su tre lati, la struttura è composta da mattoni pieni e malta idraulica, il tetto ha orditura in legno e copertura...
What it really costs
Can you move in?
Not before the basics are done
Condition not stated in the listingMust be done first
- Damp
- Wiring
See what needs doing and what each job costs
At €134/m², the €99,000 asking price is well below comparable local stock, but restoring a 740 m² four-storey palazzo could add roughly €518,000, for an estimated effective cost near €834/m². The listing does not state the building’s condition, habitability, utilities, or renovation scope, so the apparent discount carries substantial execution risk.
More on the house and the area
This is an unusually large traditional palazzo with balconies, old shutters, tiled roofs, a private garden and glimpses toward the wooded Piemonte hills. The main rooms are roofed, floored and structurally house-like, but the property is far from move-in ready and appears to need major renovation throughout. It is more of a substantial restoration project than a beautiful cheap home you could occupy immediately.
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€147,000 – €260,000
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.
- Large palazzo requiring substantial renovation, with visibly deteriorated façades, terraces, courtyard areas and ancillary spaces.
- No finished kitchen or bathroom is shown, and the property may require comprehensive systems and utility upgrades.
- Situated directly on an urban road rather than in a secluded countryside setting.
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 68/100The cluster is in the Valli di Lanzo on the first Alpine slopes north-west of Turin, with wooded ridges and side valleys rising toward the Graian Alps. The Stura di Lanzo valley system is the main physical feature of the area. Lanzo Torinese is the nearest town of size, with everyday services and rail links toward Turin. Turin is the main city for higher-level services and work, but it lies outside the local 15 km landscape. The area is known for its pre-Alpine valley setting and for access farther up the Lanzo valleys toward higher mountain country.