Edificio in Via Umberto I 1
CASTELLO DI ANNONE: PALAZZINA CON 6 APPARTAMENTI E 2 NEGOZI 5 VALIDI MOTIVI PER ACQUISTARE: 1) OTTIMO DA INVESTIMENTO 2) INTERA PALAZZINA 3) 6 APPARTAMENTI DI DIVERSO TAGLIO 4) 2 LOCALI COMMERCIALI, UNO GIA' LOCATO 5) SENZA AMMINISTRATORE CASTELLO DI ANNONE: L'agenzia Vendocasa di Corso Torino propone in vendita, in un unico lotto, un'intera palazzina nel cuore...
What it really costs
Can you move in?
Move in as it is
Condition not stated in the listingSee what needs doing and what each job costs
Whole palazzina (425 m2) at €99,900 plus assumed basic works (€200/m2) gives an effective price of ~€435/m2 vs Piemonte baseline €196/m2, so this is priced well above local median despite being marketed as an investment; the listing does not state the building’s condition or energy class.
More on the house and the area
Solid, roofed town palazzina with usable, bright apartments (wood shutters, brick fireplace detail) that feel liveable now but largely mid-century in style. A very reasonable whole-building buy for an owner-occupier or investor, but expect cosmetic renovation and management work rather than a move-in dream home.
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€28,000 – €48,000
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.
- Several apartments need cosmetic updating (dated tiles, kitchens and bathrooms).
- No private garden or notable views — central town location.
- Offered as an entire palazzina so purchase is for multiple units/shops (investment/management commitment).
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 61/100The area sits in the Tanaro valley between the Monferrato and Langhe hill country, with mixed vineyards, fields and wooded low hills around the river. The Tanaro runs by Rocchetta Tanaro, and the Rocchetta Tanaro Natural Park protects a belt of riparian woodland and hills near the village. Asti is the nearest larger town, with rail services, shops and the main urban services of the province. This part of the Astigiano is known for wine landscapes and vineyard agriculture, though the most famous UNESCO core areas of Langhe-Roero and Monferrato are not centered here.