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Edificio su tre livelli con terreno

San Prospero, Emilia Romagna
Bedrooms
5
Baths
0
401
Price per m²
€158
Property type
Palazzo

Edificio su tre livelli con terreno Unico lotto composto da edificio residenziale su tre livelli e terreno. Piano terra con due abitazioni indipendenti e locale uso deposito attrezzi. Piano primo con appartamento con quattro camere, un bagno, cucina, pranzo e balcone. Soffitta accessibile dal vano scala. Terreno…

balconycellarheatinghigh ceilings

What it really costs

Can you move in?

Move in as it is

Condition not stated in the listing
  • 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 (lot dated 25/11/2026) which is a veto-level legal/process risk. Estimating €700/m² for renovation gives an effective price ≈€344,139 total or ≈€857/m² versus the regional baseline of €234/m², so it is not a bargain and the listing does not state the building condition.

More on the house and the area
What the photos show

A large, solid three‑level palazzo with parking and rear land that’s clearly habitable but very dated. The apartments have functioning kitchens, radiators and tiled floors so it could be lived in with a light-to-medium refresh, or remodelled as rental units — a good bargain for someone wanting space rather than charm.

Minimum to live in it350500/m²
€140,000 – €201,000

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
€241,000 – €361,000

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
€481,000 – €602,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€80,000 – €141,000

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
€304,000 – €424,000
What worries us about this house
  • Dated 1960s interiors — cosmetic to moderate renovation and updating needed.
  • Photos show a lived-in, cluttered state so cleaning and redecoration required before move-in.
  • Sale is by auction — expect legal/financial checks and procedural complexity.
  • No scenic views or historic character evident; plain exterior and suburban 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 31/100

This is the central Po plain around the Secchia and Panaro lowlands, with flat agricultural country, drainage canals and scattered villages. Modena is the nearest city of size, with full services and a historic centre. The area is known for intensive farming and for the wider Modena plain economy linked to food production and manufacturing.

The comune of San Prospero
People living here
6,142
+3.1% between the 2011 and 2021 census
Over 65
19%
15% are under 14
Flood zone
100%
of residents live in a medium-risk flood area
How far to everything
To the sea
97 km
Property address:Via Olmo, 1
Get directions

Asking price

63,439
Deal score
10/100
Dream
38/100
Wow
60/100

Listed 11/09/2026