Strada Faleriense a Valle, 11, Falerone
Tribunale: Fermo RGE: 4/2024 PVP: 4612510 Bene 1 Fabbricato di testa in aderenza ad altri due immobili che si sviluppa per due piani fuori terra. L’immobile principale è un terra-cielo che si sviluppa al piano terreno in un locale cucina, con vano scale centrale dal quale si accede ad un locale uso dispensa. Sul retro…
What it really costs
Can you move in?
Not before the basics are done
Condition not stated in the listing- Sold at judicial auction
Must be done first
- Structure
See what needs doing and what each job costs
This is a judicial auction and the description states the house is officially 'inagibile' after the 2016 earthquake; estimated restoration ≈€1,100/m². At 218 m² that implies ~€239,800 of works, so the effective price is ≈€264,600 (≈€1,214/m²), making it unsuitable as a ready dwelling.
More on the house and the area
The photos show attractive, modern-finished rooms and a classic balcony-lined façade, and the price is very low for a large townhouse with garage and cellar. However the asset is listed as uninhabitable after the 2016 earthquake, so this is a major renovation/structural project rather than a move-in-ready dream home.
All the services redone, bathrooms, kitchen, windows. The structure is left alone.
Turnkey, facade and insulation included.
Our read of the photos, €1,100/m², falls in this band.
Materials only, work you may do yourself€86,000 – €128,000
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.
- Listing states the property is officially 'inagibile' (uninhabitable) due to seismic damage from the 2016 quake — structural repairs required.
- Images in the ad are indicative and not the real photos of the specific asset — actual condition may differ.
- Expect significant costs/time for seismic retrofitting, structural surveys, permits and restoration; utilities/energy class not confirmed.
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 58/100The area sits in the middle Tenna valley, with cultivated hills and views toward the Sibillini Mountains to the west. The Tenna river runs through this part of inland Fermo province. Monti Sibillini National Park begins farther inland, with the mountain landscape becoming much stronger beyond the immediate hills. The nearest town of size is Fermo, which provides the main services and historic centre for this part of the province. Falerone is known for the archaeological area of the Roman town of Falerio and its theatre.