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Edificio

San Giacomo delle Segnate, Lombardia
Bedrooms
0
Baths
0
390
Price per m²
€108
Property type
Palazzo

San Giacomo delle Segnate (MN): Agenzia Immobiliare Arioli Propone in vendita intero stabile composto da due appartamenti con entrate indipendenti e magazzino al piano terra; I due appartamenti al piano primo si compongono di ingresso, sala da pranzo, cucinotto, due ampie camere matrimoniali e bagno, sono speculari e…

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

The €42,000 asking price is only €108/m² versus a €160/m² Lombardia baseline, but the 390 m² building has no stated condition and includes a substantial warehouse. Assuming renovation at about €700/m², effective cost rises to roughly €808/m², making the apparent discount unattractive until the true condition is verified.

More on the house and the area
What the photos show

This is an unusually large property for the price, with two independent, roofed apartments, functioning kitchens and bathrooms, and a substantial ground-floor storage area. It appears usable but very dated, with little architectural charm, no proven view, and a neglected exterior rather than a dream-home setting.

Minimum to live in it350500/m²
€137,000 – €195,000

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.

This house
Comfortable
€234,000 – €351,000

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

Our read of the photos, €700/m², falls in this band.

Full1,2001,500/m²
€468,000 – €585,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€77,000 – €137,000

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
€276,000 – €393,000
What worries us about this house
  • Interiors are very dated and would need cosmetic renovation.
  • Exterior facade and surrounding ground look neglected.
  • No attractive views, distinctive historic details, or clear garden are shown.
  • The listing facts do not confirm utilities, legal status, or overall building condition.

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 34/100

This is the lower Po plain around the Secchia valley, with flat agricultural land, drainage canals and embankments. The Secchia flows nearby and the Po is not far to the north. Mantova is the nearest city of size, with major historic buildings and the lakes formed by the Mincio around the city. This part of southern Lombardia is known for intensive farming and for the earthquake-hit plain settlements between Mantova, Modena and Ferrara.

The comune of San Giacomo delle Segnate
People living here
1,487
-17.8% between the 2011 and 2021 census
Over 65
31%
9.4% are under 14
Flood zone
49%
of residents live in a medium-risk flood area
How far to everything
To the sea
98 km
Property address:San Giacomo delle Segnate
Get directions

Asking price

42,000
Deal score
48/100
Dream
28/100
Wow
57/100

Listed 04/09/2026