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Sedriano · 257 m² · Apartment

Apartment at auction in Via Edmondo De Amicis 23, Sedriano, 257 m²

Via Edmondo De Amicis 23, Sedriano (Milano)

The appraisal report in brief

  1. Occupancy and title

    Lot B: the part on the first floor of sub 723 cannot be visited and is occupied by third parties. The appraisal report does not state on what basis they live there.

    «p.p. non visitabile occupato da terzi»

    Quote from the report (Italian), page 2 ↗
  2. Planning and land-registry discrepancies

    The appraiser writes that the dwelling is only partially compliant in terms of shape, boundaries and interiors. It does not state whether these irregularities can be regularised.

    «l’abitazione risulta parzialmente conforme a riguardo della sagoma e dei confini»

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

    For cadastral compliance the appraiser writes that a correction is needed, to be carried out after urban planning alignment and the definition of access arrangements.

    «Occorre una rettifica previo un allineamento urbanistico con la definizione degli accessi.»

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

    A passage between the units is not shown in the cadastral records. The appraiser writes that parcel 326, belonging to another owner, therefore has its only access this way, and that the situation must be regularised with a closing wall and new openings.

    «tramite un passaggio non riportato in catastale»

    Quote from the report (Italian), page 10 ↗
  5. Restrictions and easements

    All subs are subject to a historical, cultural and architectural constraint, with a pre-emption right of the Ministry of Cultural Heritage or of the bodies provided for by law. The appraiser advises checking the pre-emption right before the transfer.

    «Tutti i sub come da atto risultano sottoposte al vincolo storico culturale e architettonico»

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

    For the flats intended as dwellings the appraiser writes that a major renovation is needed, from replacing the systems to the finishes.

    «necessitano di un intervento di ristrutturazione importante»

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

    For the warehouses (sub C/2) the appraiser writes that significant structural work is needed. They have no roof, with collapses and intermediate floors to be reviewed.

    «Per tutti i sub destinati a C/2 come magazzini necessitano di interventi strutturali notevoli.»

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

    The appraiser found no compliance certificates for the systems and writes that their compliance must be verified. For some units the electrical system is only partly concealed in conduits or is absent.

    «Certificazioni di conformità degli impianti»

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

    Lot B: the appraiser applies a deduction of €10,000 for adjustments, regularisations, building works and the opening or closing of passages. For Lot A too, the deduction is €10,000 for adjustments and regularisations.

    «per adeguamenti, sanatorie, opere murarie, di chiusura, apertura passaggi»

    Quote from the report (Italian), page 13 ↗
  10. Other

    The appraiser writes that the structural suitability or habitability of the property cannot be verified, and that no energy certificate exists.

    «Certificazioni di idoneità statica/abitabilità»

    Quote from the report (Italian), page 6 ↗

Automatic summary of the appraisal report (perizia): the report itself prevails. Pages read: 14 of 14. Summary of 5 November 2026. Open the report ↗

The lot

Flat of 257 m² in Sedriano: base price €308,000 (€1,198/m²), vacant (the notice says so).

TypeApartment
Surface area257 m²
Occupancy statusVacant · from the notice
Deadline for offers21/12/2026 at 13:00 · in 46 days
Auction date22/12/2026 at 15:30
Minimum offer€231,000
Deposit10% of the price you offer
Minimum bid increment€5,000
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. 428/2022 · Court of Milan
Viewings and informationSale delegate: Mario Santopietro · aste.santopietro@libero.it

Offers by Monday 21/12/2026 at 13:00; auction on Tuesday 22/12/2026.

Read the text of the notice

From the notice: Full freehold ownership of portions of the property called "Cascina Tiraboschi", with appurtenant courtyards and frontages onto common courtyards, consisting of: a two-storey building above ground, comprising a dwelling on two levels (ground and first floor), with appurtenant storerooms, canopies and hayloft, and a two-storey building above ground, consisting of a dwelling on the ground floor and two dwellings on two levels (ground and first floor).

How to take part

Online offer digitally signed and sent by certified email (PEC) on the Public Sales Portal (Portale Vendite Pubbliche). Minimum offer (offerta minima): €231,000.

  1. Book the viewing through the Public Sales Portal, using the «Prenota visita» button on the official listing: by law, requests go through there (art. 560 c.p.c.). For questions about the property, the contact is the sale delegate (delegato alla vendita): Mario Santopietro · aste.santopietro@libero.it. Read the attached appraisal report (perizia).
  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 the online offer via the Public Sales Portal by Monday 21/12/2026 at 13:00.
  4. Auction on Tuesday 22/12/2026 at 15:30: if you win the lot, pay the balance within the terms of the notice and then the transfer decree.

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

What you really need

  • Deposit (cauzione): €23,100 (10% of the minimum offer, as the notice requires) or €30,800 if you offer the base price.
  • Registration tax (imposta di registro): €4,720 if first home (prima casa) (2%, minimum €1,000) or €20,890 in other cases (9%, minimum €1,000), already including €100 in mortgage and cadastral taxes. If a company is selling, 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: often much less. 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 €231,000: approximately €236,720-€254,390
  • Estimate starting from the minimum offer: monthly instalment of about €792 with a mortgage at 70% (€161,700) over 25 years at 3.3%; you need about €75,020 in savings: the 30% not covered by the mortgage (the deposit already 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: €308,400 – €449,750

OMI values for standard homes, area “Centro Urbano”, first half of 2026, normal condition, × 257 m².

After a full renovation: €462,600 – €616,800

OMI values for the same area, excellent condition, × 257 m².

What the works cost

Works€/m²Total for 257 m²
LightPainting, minor repairs, sanitary ware and doors€200 – €400€51,400 – €102,800
MediumBathroom, kitchen, flooring and upgrading of the systems€400 – €800€102,800 – €205,600
FullNew systems, window frames, flooring, bathrooms, kitchen and partition walls€700 – €1,300€179,900 – €334,100

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 €231,000 + taxes €20,890 + delegated professional €1,000 – €2,500€252,890 – €254,390€308,400 – €449,750OMI, normal condition+€54,010 – +€196,860
Fully renovate and resellminimum offer €231,000 + taxes €20,890 + delegated professional €1,000 – €2,500 + works €179,900 – €334,100€432,790 – €588,490€462,600 – €616,800OMI, excellent conditionfrom −€125,890 to +€184,010

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. 22 September 2026€385,000

    Outcome not published

  2. 22 December 2026€308,000

    This sale · 20% lower than the previous attempt

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 €231,000, with a minimum offer from €173,250. 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 Sedriano (110 homes on a 4+4 open-market contract, 7.2 €/m² a month on average). Change the numbers to run your own figures.

Simulated net per year€16,548

Gross income €22,284 a year. Yield on the total cost: gross 6.6%, net 4.9%. 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 B1 “Centro Urbano” (central), for standard homes in normal condition, the Italian Revenue Agency gives between €1,200 and €1,750 per m² of gross floor area. At the starting price it costs €1,198 per m²: 0% below the minimum of the area. For 257 m² the area range is worth between €308,400 and €449,750. Rents in the area: 5.8–8.1 €/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 Sedriano: €28,222 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

€1,247 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