Edificio in Corso Italia 207
Coldwell Banker propone un palazzo di 225 mq con un bellissimo androne lasciato originale con il pavimento dell'epoca di 33 mq libero al rogito, il che significa che è subito disponibile per chiunque voglia acquistarlo. Si tratta di un'opportunità unica per chi desidera investire in un immobile, in quando si ha anche la possibilità di suddividere l'immobile in due appartamenti....
What it really costs
Can you move in?
Livable, but something basic is worn out
Condition not stated in the listingMust be done first
- Kitchen
See what needs doing and what each job costs
At €444/m², the €100,000 asking price is already above the local €400/m² benchmark, and converting or dividing this 225 m² palazzo into apartments could bring the effective cost to roughly €1,144/m². The sea is only 1 km away, but the listing does not state the building’s condition, layout, bathrooms, or habitability, making the investment risk difficult to justify.
More on the house and the area
A surprisingly large 225 sqm historic palazzo with original marble stairs, vaulted passageways, old paneled doors and period terrazzo flooring. It is a real, roofed and usable house with a bathroom, multiple rooms and terrace areas, but it feels dated and somewhat worn rather than move-in ready. The low price per square meter adds appeal, especially if the space can be divided into two apartments.
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€45,000 – €79,000
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.
- The interiors show peeling plaster, damp staining and dated finishes, so renovation is needed.
- A kitchen is not clearly visible and the property may require substantial modernization before comfortable full-time living.
- The terrace/courtyard spaces are enclosed by neighboring buildings and offer no demonstrated view.
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 74/100Mount Etna rises immediately inland, with the Etna regional park on the upper slopes above the coastal strip. The Ionian coast is within the local area, with the waterfront settlements of Riposto and Fondachello nearby. The nearest ski lifts are on Etna around Piano Provenzana and Rifugio Sapienza, reached by mountain road in roughly 45 to 60 minutes depending on conditions. The nearest town of size is Catania, with a full range of city services and the airport. The area is known for citrus groves and vineyards on Etna’s volcanic soils.