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Edificio in Via Duca degli Abruzzi 23

Riesi, Sicilia
Bedrooms
0
Baths
0
225
Price per m²
€267
Property type
Palazzo

CREA CASA GROUP propone in vendita n. 3 Appartamenti in un unica soluzione siti a Riesi (CL) nella centralissima via Duca degli Abruzzi a pochi passi dalla Piazza Garibaldi. L'immobile ha una una superfici commerciale di 225,00 mq. Appartamento Piano Primo (mq. 75,00) Soggiorno con a. c. Bagno Ripostiglio Camera da letto Balconi Appartamento Piano secondo (mq. 75,00) Soggiorno Cucinotto...

balcony

What it really costs

Condition not stated in the listing
See what needs doing and what each job costs
Why this price is what it is

At €267/m², the €60,000 asking price is 33% below the €400/m² local baseline, in a central location with 20 photos. However, the condition is unspecified and the facts report zero rooms/baths despite three apartments being described, so a €500/m² renovation allowance makes the effective cost about €489/m² and removes most of the apparent discount.

More on the house and the area
What the photos show

A substantial 225 sqm palazzo in central Riesi, with multiple balconies, traditional terrazzo floors, and pleasant hillside views from the upper levels. The apartments appear solid and usable rather than derelict, but they are very dated and would benefit from renovation. At €60,000, the size-to-price ratio is the strongest appeal.

This house
Minimum to live in it
€79,000 – €113,000

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.

Our read of the photos, €500/m², falls in this band.

Comfortable600900/m²
€135,000 – €203,000

All the services redone, bathrooms, kitchen, windows. The structure is left alone.

Materials only, work you may do yourself€26,000 – €44,000

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
€139,000 – €173,000
What worries us about this house
  • Interiors are dated and would need cosmetic modernization, especially the kitchens and bathrooms.
  • The property consists of three apartments in one building, so management, utilities, and renovation planning may be more complex.
  • Urban setting with street-facing balconies and no private garden or parking shown.

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 49/100

This is inland south-central Sicily, with low chalk and clay hills used for grain fields, olive groves and vineyards. The Salso basin is the main geographic frame in this part of the province, though the immediate surroundings are mostly agricultural uplands rather than a marked river landscape. Mazzarino is the nearest historic town of note in the area, with a substantial old centre and castle remains. Gela on the coast is the nearest larger town, with full services, port and rail connections. The area is known above all for cereal farming and broad open interior Sicilian countryside.

The comune of Riesi
People living here
10,260
-10.0% between the 2011 and 2021 census
Over 65
22%
14% are under 14
Landslide zone
3.7%
of residents live in a high-risk landslide area
How far to everything
To the sea
19 km
Property address:Via Duca degli Abruzzi 23
Get directions

Asking price

60,000
Deal score
58/100
Dream
45/100
Wow
66/100

Listed 01/09/2026