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Terratetto unifamiliare in Reggio Emilia

Reggio Emilia, Emilia Romagna
Bedrooms
2
Baths
0
104
Price per m²
€533
Property type
Townhouse
Rooms
5 locali

Piena proprietà di appartamento posto al primo piano, composto da corridoio disimpegno, soggiorno con balcone, tre camere da letto, piccolo ripostiglio, cucina e bagno, oltre a soffitta al piano quinto. Superficie commerciale abitazione e accessori pari a mq. 104,93. Immobile locato. I nostri Consulenti sono…

balcony

What it really costs

Can you move in?

Livable, but something basic is worn out

In the listingHabitable
  • Sold at judicial auction
See what needs doing and what each job costs
Why this price is what it is

This is a judicial-auction property, which is a veto red flag regardless of its €533/m² asking price versus the €467/m² baseline. It is also currently rented, creating additional possession and timing risk for a foreign buyer.

More on the house and the area
What the photos show

This is a substantial, apparently habitable 104 sqm apartment in a leafy urban building with balconies and everyday shops nearby. It lacks visible interior character or a proven private view, while the low price is offset by the auction context and current tenancy.

Updating, not renovation
€21,000 – €30,000

Decoration, tired fittings, a bathroom or a kitchen. The house is liveable as it stands.

Our read of the photos is €200/m². There is no published price band below €350/m², so the range is that figure widened by the spread of the lightest band.

Materials only, work you may do yourself€7,000 – €12,000

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
€76,000 – €85,000
What worries us about this house
  • The apartment is reportedly habitable, but no interior photos are provided, so finishes, kitchen and actual condition cannot be verified.
  • The property is currently rented, which may delay vacant possession and make it unsuitable for immediate personal use.
  • The dramatic sea, palace and formal-garden images appear unrelated to this Reggio Emilia apartment and should not be treated as its views or amenities.

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 55/100

This cluster sits in the built-up area of Reggio Emilia, so the lived setting is an urban plain in the central Po Valley. The Crostolo crosses the city and the Secchia is to the east. The nearest larger landscape feature is the northern Apennine foothill belt south of the city, but it is outside the immediate urban surroundings. Reggio Emilia itself is a provincial capital with a substantial historic centre, services, rail links and industry, and it is known for the tricolour flag museum and for Parmigiano Reggiano in the surrounding area.

How far to everything
To the sea
86 km
Property address:Viale Risorgimento , 47
Get directions

Asking price

55,447
Deal score
10/100
Dream
8/100
Wow
48/100

Listed 29/08/2026