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Via Martiri del Terrorismo, 12, Formigara

Formigara, Lombardia
Bedrooms
5
Baths
0
215
Price per m²
€70
Property type
Townhouse

Tribunale: Cremona RGE: 5/2021 PVP: 4634131 QUOTA IDEALE DEL 50% di una porzione di villa bifamiliare in Formigara, via Martiri del Terrorismo n.12, eretta su tre piani fuori terra, composta da portico, ingresso, ripostiglio, lavanderia/WC (piano terra), ingresso, soggiorno, cucina, tre camere, bagno, ripostiglio e…

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What it really costs

Can you move in?

Move in as it is

In the listingHabitable
  • Sold at judicial auction
  • Only a share of the property is for sale
See what needs doing and what each job costs
Why this price is what it is

This is a 50% ideal quota being sold at judicial auction (price €15,000 for half of a 215 m² townhouse), which creates legal and transfer complications; the ad also states photos are only indicative. Condition is listed as 'Habitable', implying an estimated renovation budget of about €200/m² if works are needed.

More on the house and the area
What the photos show

The interiors and bathrooms look freshly finished and stylish, giving a move‑in‑ready impression for a characterful, large home. But this is only a 50% share offered at auction, so co‑ownership, legal checks and verification of the real photos/plan are essential before assuming full usability.

Updating, not renovation
€43,000 – €61,000

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€14,000 – €24,000

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
€58,000 – €76,000
What worries us about this house
  • This is the 50% ideal quota (co-ownership) of a semi‑detached villa — shared ownership issues apply.
  • Property is sold at court auction (procedural and legal risks).
  • The listing notes the photos are indicative and may not represent the actual unit — verify real photos and floorplans before bidding.
  • Confirm utilities, exact bathroom count and access to the external garden/box shown in the deed.

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 42/100

The area is the lower Adda plain between the Adda and Serio river systems, with flat agricultural land, irrigation canals and scattered farmsteads. The Adda River runs a few kilometres west of Formigara, with riparian woodland and embanked riverside stretches around places such as Pizzighettone and Crotta d’Adda. Pizzighettone is the nearest small town of note and has preserved walled stretches and a historic centre on the Adda. Cremona is the nearest city of size, with full services and a substantial historic centre.

The comune of Formigara
People living here
1,000
-10.3% between the 2011 and 2021 census
Over 65
29%
11% are under 14
Flood zone
1.3%
of residents live in a medium-risk flood area
How far to everything
To the sea
106 km
Nearest airport
58 min drive
Nearest city
36 min drive
Property address:Via Martiri del Terrorismo, 12
Get directions

Asking price

15,000
Deal score
10/100
Wow
72/100

Listed 22/09/2026