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Pieve Emanuele · 67 m² · Apartment

Flat at auction in Via dei Pini 5, Pieve Emanuele, 67 m²

Via dei Pini 5, Pieve Emanuele (Milano)

The appraisal report in brief

  1. Occupancy and title

    Lot Unique: the property is occupied by the foreclosed debtor at the inspection of 19/03/2026. No lease agreements are in force.

    «Al sopralluogo risultava occupato dalla debitrice esecutata»

    Quote from the report (Italian), page 2 ↗
  2. Unpaid condominium fees

    Lot Unique: unpaid condominium charges for the last two years amount to €4,378.62. The future successful bidder must also check the unpaid amounts for the current and previous year, which are jointly charged under art. 63 disp. att. c.c.

    «Spese condominiali non pagate negli ultimi due anni anteriori alla data della perizia: € 4.378,62.»

    Quote from the report (Italian), page 8 ↗
  3. Restrictions and easements

    Lot Unique: the appraiser indicates a voluntary mortgage registered on 19/03/2018 for €167,125.46, encumbering the asset, to be cancelled by the procedure. A seizure (pignoramento) transcribed on 03/02/2026 is also recorded.

    «Gravante sul bene oggetto di pignoramento.»

    Quote from the report (Italian), page 7 ↗
  4. Regularisation costs

    Lot Unique: to correct the address (Viale instead of Via) a rectification request is needed, with costs estimated by the appraiser at €300.00, payable by the buyer.

    «Costi stimati: € 300,00 per oneri professionali.»

    Quote from the report (Italian), page 9 ↗
  5. Planning and land-registry discrepancies

    Lot Unique: the appraiser reports an error in the cadastral address, which shows Viale instead of Via. It indicates that the correction can be regularised with a rectification request.

    «si dovrà provvedere inoltre a correggere l'indirizzo dell'immobile perché risulta erroneamente indicato Viale invece di Via.»

    Quote from the report (Italian), page 9 ↗
  6. Systems (plumbing, electrical, heating)

    Lot Unique: the electrical, water and gas systems are concealed in the walls, but the related certificates have not been provided. Nor have the system conformity certificates been provided.

    «imp. gas: sottotraccia, certificazione non fornita;»

    Quote from the report (Italian), page 5 ↗
  7. Systems (plumbing, electrical, heating)

    Lot Unique: the hot water system uses an electric water heater, and no certification has been provided. There is no air conditioning system.

    «a mezzo di scaldabagno elettrico, certificazione non fornita;»

    Quote from the report (Italian), page 5 ↗
  8. State of repair

    Lot Unique: the appraiser describes the overall condition of the flat as good, while the cellar is in normal condition.

    «condizioni generali: normali.»

    Quote from the report (Italian), page 5 ↗
  9. Other

    Lot Unique: the appraiser indicates that neither an energy performance certificate nor structural suitability certificates are present.

    «Certificazione energetica Non presente.»

    Quote from the report (Italian), page 6 ↗
  10. Regularisation costs

    Lot Unique: the appraiser applies a 5% reduction on the value for lack of warranty against defects, amounting to €4,690.00, in addition to the unpaid condominium charges and the technical costs already deducted from the base price.

    «Riduzione del valore del 5% per assenza di garanzia per vizi :»

    Quote from the report (Italian), page 10 ↗

Automatic summary of the appraisal report (perizia): the report itself prevails. Pages read: 11 of 11. Summary of 5 November 2026. Open the report ↗

The lot

Flat of 67 m² in Pieve Emanuele: base price €85,000 (€1,269/m²), occupied by the debtor (as the notice states).

TypeApartment
Surface area67 m²
Occupancy statusOccupied by the debtor (vacated after the transfer decree) · from the notice
Deadline for offers14/12/2026 at 13:00 · in 38 days
Auction date15/12/2026 at 14:30
Minimum offer€63,750
Deposit10% of the price you offer
Minimum bid increment€1,500
Type of saleCourt sale published on the Public Sales Portal (Court of Milan)
Sale methodOnline asynchronous auction: offers and bids online over a number of days, without being present
ProceedingsR.G.E. 75/2026 · Court of Milan (Tribunale di Milano)
Viewings and informationSale delegate and custodian: Michele Giarrizzo · 025450865 · esecuzioni.mg@libero.it

Offers by Monday 14/12/2026 at 13:00; auction on Tuesday 15/12/2026.

Read the text of the notice

From the notice: Flat of 67 m², on the ground floor, consisting of entrance hall, kitchen, bedroom, corridor, bathroom, storage room and cellar.

If this sale also receives no bids, as a rule the judge may reduce the base price (prezzo base) by up to a quarter: at the next attempt it could start from around €63,750, with a minimum offer (offerta minima) of €47,812. This is the maximum permitted by law (art. 591 c.p.c.), not a forecast: the reduction is decided by the judge, and in the meantime the lot may be awarded to others.

How to take part

Online bid digitally signed via certified email (PEC) on the Public Sales Portal. Minimum offer (offerta minima) €63,750.

  1. Book the viewing through the Public Sales Portal, using the «Prenota visita» button on the official listing: by law, requests must go through it (art. 560 of the Code of Civil Procedure). Custodian: Michele Giarrizzo · 025450865. You can call the custodian with questions about the property. Read the attached appraisal report.
  2. Prepare PEC, digital signature, ID document and the bank transfer for the deposit (10% of the price you offer, as the notice requires).
  3. Submit your online offer via the Public Sales Portal by Monday 14/12/2026 at 13:00.
  4. Auction on Tuesday 15/12/2026 at 14:30: if you are awarded the lot, payment within the terms set out in the notice, and then the transfer decree (decreto di trasferimento).

The public appraisal report, with photos and the condition of the property, is free and is among the attachments to the notice: read it before making an offer.

Official documents

Costs and conditions to factor in

The items below are the general rules for this type of sale: the exact figures are in the notice linked at the bottom.

  • Deposit: 10% of the price offered (as the notice requires), paid by bank transfer before the auction
  • Balance of the price within the deadline set by the notice (at most 120 days from the award)
  • Registration tax or VAT as in a standard sale; plus the share of the sale delegate's fee for the transfer and the costs of registering the transfer decree
  • No commission to pay to the court or the seller. If you choose our assisted service, the fee is separate and we will tell you in writing before we start
  • Occupied by the debtor: the court-appointed custodian handles the vacating on the judge's order; allow a few months before you can move in

What you really need

  • Deposit: €6,375 (10% of the minimum offer, as the notice requires) or €8,500 if you bid the base price
  • Registration tax (imposta di registro): €1,375 if first home (prima casa) (2%, minimum €1,000) or €5,838 in other cases (9%, minimum €1,000), already including €100 of mortgage and cadastral taxes; if the seller is a business, VAT may apply: the notice says so. If you buy as a private individual and the sale is not subject to VAT, you can ask for the tax to be calculated on the cadastral value instead of the price: this is often much lower. Ask the sale delegate or the notary.
  • Share of the sale delegate's fee for the transfer (DM 227/2015), registration and change of ownership: approximately €1,000-€2,500
  • Indicative total budget starting from €63,750: approximately €66,125-€72,088
  • Estimate starting from the minimum offer: monthly instalment of about €219 with a mortgage at 70% (€44,625) over 25 years at 3.3%; you need about €21,500 in savings: the 30% not covered by the mortgage (the deposit paid is part of it and is deducted from the price), the registration tax and fees
  • These are estimates based on the general rules, not a quote: the exact figure depends on the notice, your tax situation and the bank.

The investment figures

What it is worth on the market

As it is: €73,700 – €97,150

OMI values for economy homes, area “Pieve Emanuele”, first half of 2026, normal condition, × 67 m².

After a full renovation: €100,500 – €123,950

OMI values for the same area, excellent condition, × 67 m².

What the works cost

Works€/m²Total for 67 m²
LightPainting, minor repairs, sanitary ware and doors€200 – €400€13,400 – €26,800
MediumBathroom, kitchen, flooring and upgrading of the systems€400 – €800€26,800 – €53,600
FullNew systems, window frames, flooring, bathrooms, kitchen and partition walls€700 – €1,300€46,900 – €87,100

Sources: idealista.it, money.it, cosedicasa.com, varesenews.it. VAT on the works, designer fees and tax incentives excluded.

The potential margin

ScenarioTotal costResaleMargin
Resell as it isminimum offer €63,750 + taxes €5,838 + delegated professional €1,000 – €2,500€70,588 – €72,088€73,700 – €97,150OMI, normal condition+€1,612 – +€26,562
Fully renovate and resellminimum offer €63,750 + taxes €5,838 + delegated professional €1,000 – €2,500 + works €46,900 – €87,100€117,488 – €159,188€100,500 – €123,950OMI, excellent conditionfrom −€58,688 to +€6,462

Estimates based on local averages and typical costs, not an appraisal or a quote: the actual condition is stated in the appraisal report.

Excludes VAT on the works, designer, tax credits, sale costs (agency) and taxes on capital gains if you resell within 5 years.

History of the lot

  1. 15 December 2026€85,000

    This sale

If this sale gets no bidders, the judge can lower the starting price by up to a quarter (art. 591 of the Code of Civil Procedure): the next attempt could start from about €63,750, with a minimum offer from €47,813. This is the maximum reduction, not a forecast.

Where it is

Position taken from the address in the notice: it may be approximate. © OpenStreetMap contributors, open the map.

If you rent it out

Starting rents estimated from rental contracts registered in 2025 in Pieve Emanuele (84 homes on a 4+4 open-market contract, 9.9 €/m² a month on average). Change the numbers to run your own figures.

Simulated net per year€5,890

Gross income €7,932 a year. Yield on the total cost: gross 8.6%, net 6.4%. The net figure deducts the months without a tenant and the flat-rate tax, before IMU property tax, condominium fees, maintenance and utilities.

Rents: Italian Revenue Agency – OMI, registered contracts. Total cost, vacancy, occupancy and fee are Colpo d’Asta estimates. A simulation, not a promise of return nor tax advice.

  • Area value: in OMI area B3 “Pieve Emanuele” (central), for economy homes in normal condition, the Italian Revenue Agency gives between €1,100 and €1,450 per m² of gross floor area. At the starting price it costs €1,269 per m², within the values of the area. For 67 m² the area range is worth between €73,700 and €97,150. Rents in the area: 4.5–5.5 €/m² a month.Italian Revenue Agency – OMI, values for the first half of 2026. These are average values for the area: they do not reflect actual condition, occupancy or unauthorised works, and at auction the price can rise above the starting price.
  • 43,571 homes sold in the last 4 quarters (rest of the province, MI), 61% with a mortgage. In Q2 2026: −1% on a year earlier.Italian Revenue Agency – OMI, data up to Q2 2026.
  • Average declared income in Pieve Emanuele: €26,119 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

€344 a month

Starting point: a mortgage of 80% of the starting price, 25 years, at the average rate of new mortgages in Italy (3.6%, ECB 2026-09). French amortisation at a fixed rate, fees and insurance excluded. Your bank sets the real rate: this is not a credit offer.

We call you back for free about this property

An agent reads the notice and the appraisal with you and explains the steps to take part. No commitment: any professional services and their costs are agreed beforehand.

The official notice of sale prevails.

At least one of email and phone is required.

We call you back for free