Edificio residenziale in Via Michele Balestrero, 25, Fubine,
In asta ampio fabbricato con relativi accessori ed ampia corte, risalente alla seconda metà del 1800, posta su tre piani fuori terra oltre a piani seminterrato ed ammezzati. Quindi composto da: vari locali cantina al piano seminterrato di varie dimensioni, mentre ai piani superiori troviamo: tettoie, locali di…
What it really costs
Can you move in?
Not before the basics are done
In the listingNeeds renovation- Sold at judicial auction
Must be done first
- Wiring
- Heating
- Bathroom
- Kitchen
See what needs doing and what each job costs
This is a judicial auction for an 862 m2 palazzo. Low ask €34k plus estimated €700/m2 renovation gives an effective cost ≈€637k (≈€740/m2) versus the local median €193/m2, so the auction status and very high implied rehab cost make this a risky/trap purchase.
More on the house and the area
A large 19th‑century palazzo with intact decorative ceilings, high corniced rooms, vaulted cellars, terrace and courtyard — very characterful and photogenic. It is a real, roofed building (not a rubble ruin) but needs comprehensive renovation and system installs, so this is a strong bargain for someone ready to restore a historic home.
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.
All the services redone, bathrooms, kitchen, windows. The structure is left alone.
Our read of the photos, €700/m², falls in this band.
Turnkey, facade and insulation included.
Materials only, work you may do yourself€171,000 – €303,000
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.
Bringing a house that has stood empty back into service: new water, sewer and electricity, plus the practices. The same sum on an 80 m² house and on a 300 m² one, which is why a €40,000 house is not a €40,000 project.
Show more
Water 1,800 · sewer 2,500 · electricity 700–1,600 · CILA 1,000 · cadastral filing 500 · structural design 700 · Legge 10 report 900 · safety coordination 1,800
No mains drain: add €2,000–4,500 for a septic tank. Listings never say, so ask.
- Property is in an auction (‘asta’) and requires following auction procedures.
- Needs full renovation — expect to replace/upgrade systems (kitchen, bathrooms, heating, electrics) and do general repairs.
- Restoration of frescoes, cornices and original finishes will be expensive; check roof and structural condition before bidding.
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 66/100This is the Monferrato hill country, with rolling cultivated hills, vineyards and mixed farmland. The Po plain lies to the north and the Tanaro valley is part of the wider area around Alessandria. Casale Monferrato is the nearest town of size, with services and a substantial historic centre; Alessandria is also nearby for wider rail, shopping and administrative functions. Parts of Monferrato are UNESCO-listed as the vineyard landscape of Langhe-Roero and Monferrato, though the core recognised wine landscapes are not all centered on Fubine itself. The area is known for wine growing, especially Barbera and Grignolino, and for the broader food-and-wine landscape of the Casalese and Monferrato.