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Sesto San Giovanni · 66.8 m² · Apartment

Apartment with garage and cellar at auction in Via Giuseppe Cadorna 50, Sesto San Giovanni, 66 m²

Via Giuseppe Cadorna 50, Sesto San Giovanni (Milano)

The appraisal report in brief

  1. Occupancy and title

    Lot 1: at the inspection the property was found to be occupied by the debtor. No other contracts or titles of occupation are indicated.

    «Alla data del sopralluogo l'immobile risulta occupato dal debitore»

    Quote from the report (Italian), page 3 ↗
  2. Unpaid condominium fees

    Lot 1: the appraiser reports overdue and unpaid condominium fees as of the date of the appraisal report of €2,600.00, plus extraordinary charges already resolved but not yet due of €2,500.00.

    «Spese condominiali scadute ed insolute alla data della perizia:»

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

    Lot 1: the appraiser states that the property is substantially compliant with the municipal and cadastral documentation, but for urban planning compliance he only states that there is no additional information.

    «L'immobile risulta sostanzialmente conforme alla documentazione messa a disposizione dall'Ufficio»

    Quote from the report (Italian), page 4 ↗
  4. Unauthorised building works

    Lot 1: the appraiser does not identify any unauthorised building works. He only reports that the urban planning compliance has no additional information and that the building compliance of the common parts of the condominium (condominio) cannot be verified at this stage.

    «delle eventuali non conformita` edilizie ed urbanistiche inerenti le parti condominiali»

    Quote from the report (Italian), page 10 ↗
  5. State of repair

    Lotto 1: il perito descrive le condizioni come discrete e la manutenzione come nella media, con finiture normali e palazzina degli anni '50 senza ascensore.

    «Complessivamente in condizioni di manutenzione e conservazione discrete.»

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

    Lot 1: the appraiser does not check the systems, which in his view need to be reorganised and brought up to standard with the relevant certifications.

    «Nessuna verifica viene eseguita sugli impianti, che in ogni caso si intendono da riordinare e mettere a norma»

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

    Lot 1: the attic-level floor is undivided and the appraiser cannot identify the area of exclusive ownership. Compartmentalisation is at the buyer's expense.

    «Resta a carico dell'acquirente la compartimentazione dell'area di proprietà.»

    Quote from the report (Italian), page 7 ↗
  8. Other

    Lot 1: the property is subject to a voluntary mortgage registered in 2003 and renewed in 2023, and to a seizure order transcribed in 2025. The appraiser states that they will be cancelled by the proceedings.

    «IPOTECA IN RINNOVAZIONE , stipulata il 18/04/2003»

    Quote from the report (Italian), page 3 ↗
  9. Regularisation costs

    Lot 1: the appraiser states regularisation costs for non-conformities of €0.00 and a value reduction of 0%. The judicial sale value is indicated as €222,000.00.

    «Spese di regolarizzazione delle difformità (vedi cap.8):»

    Quote from the report (Italian), page 11 ↗
  10. Other

    Lot 1: the ownership share is split 50% between two redacted owners, while section 6.1 indicates a single ownership of 1000/1000. The appraiser does not clarify the discrepancy.

    «500/1000 di piena proprietà ( *** DATO OSCURATO *** )»

    Quote from the report (Italian), page 2 ↗

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

66 m² apartment with garage and cellar in Sesto San Giovanni: base price €166,500 (€2,492/m²), occupied by the debtor (the notice says so).

TypeApartment
Surface area66 m²
Occupancy statusOccupied by the debtor (vacated after the transfer decree) · from the notice
Deadline for offers29/01/2027 at 13:00 · in 85 days
Auction date01/02/2027 at 10:00
Minimum offer€124,875
Depositat least 10% of the price you offer: the exact percentage is in the notice
Minimum bid increment€1,000
Type of saleCourt-ordered sale published on the Public Sales Portal (Court of Monza)
Sale methodSynchronous online auction: live online bidding at a fixed time
ProceedingsR.G.E. 321/2025 · Court of Monza
Viewings and informationSale delegate and court-appointed custodian: Francesco Cirillo · 0392301890 · francesco.cirillo@studiolegalecirillo.com

Offers due by Friday 29/01/2027 at 13:00; auction Monday 01/02/2027.

Read the text of the notice

From the notice: apartment in Sesto San Giovanni, Via Giuseppe Cadorna no. 50, total commercial surface area approximately 66.81 m², for the 1/1 share of full ownership. Second-floor apartment without lift, comprising entrance hall, living room, kitchen, bedroom and bathroom, with a cellar room in the basement and an attic storage room on the third floor. Floor S1-2-3.

How to take part

Digitally signed telematic offer sent via PEC on the Public Sales Portal. Minimum offer €124,875.

  1. Book the viewing from the Public Sales Portal, using the «Book viewing» button on the official listing: by law, requests go through there (art. 560 c.p.c.). Court-appointed custodian: Francesco Cirillo · 0392301890. You can call the custodian with questions about the property. Read the attached appraisal report (perizia).
  2. Prepare PEC, digital signature, document and the bank transfer for the deposit (cauzione) (the percentage is in the notice, often 10%).
  3. Submit the online offer on the Public Sales Portal by Friday 29/01/2027 at 13:00.
  4. Auction Monday 01/02/2027 at 10:00: if you are the successful bidder, 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

The documents remain on the servers of the seller: here you will only find the link.

Data source: judicial auction (official notice). Colpo d’Asta is a private service, not the official website of the sale: the notice prevails. Report an error or request the removal of this listing.

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 paid by bank transfer before the auction: the percentage is set by the notice (often 10%, sometimes 20%), so check it before paying
  • Balance of the price within the deadline set by the notice (here 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: the notice sets the percentage (often 10%, sometimes 20%): check it before making the bank transfer
  • Registration tax (imposta di registro): €2,598 if it is a first home (prima casa) (2%, minimum €1,000) or €11,339 in other cases (9%, minimum €1,000), already including €100 of mortgage and cadastral taxes. If the seller is a company, 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: it is often much lower. Ask the sale delegate or the notary.
  • Based on the price-value (cadastral income €444.36), the tax would be about €1,126 for a first home / €5,139 for a second home, always including mortgage and cadastral taxes: ask the sale delegate.
  • 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 €124,875: about €128,473-€138,714
  • Estimate starting from the minimum offer: monthly instalment of about €428 with a mortgage at 70% (€87,412) over 25 years at 3.3%; about €41,060 of savings are needed: the 30% not covered by the mortgage (the deposit paid is part of it and is deducted from the price), the tax and the fees; estimate with a 10% deposit
  • 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: €160,344 – €213,792

OMI values for standard homes, area “Rondo’ Marelli Stazione”, first half of 2026, normal condition, × 67 m².

After a full renovation: €213,792 – €260,559

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€13,362 – €26,724
MediumBathroom, kitchen, flooring and upgrading of the systems€400 – €800€26,724 – €53,448
FullNew systems, window frames, flooring, bathrooms, kitchen and partition walls€700 – €1,300€46,767 – €86,853

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 €124,875 + taxes €11,339 + delegated professional €1,000 – €2,500€137,214 – €138,714€160,344 – €213,792OMI, normal condition+€21,630 – +€76,578
Fully renovate and resellminimum offer €124,875 + taxes €11,339 + delegated professional €1,000 – €2,500 + works €46,767 – €86,853€183,981 – €225,567€213,792 – €260,559OMI, excellent conditionfrom −€11,775 to +€76,578

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. 23 July 2026€222,000

    Outcome not published

  2. 1 February 2027€166,500

    This sale · 25% 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 €124,875, with a minimum offer from €93,656. 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 Sesto San Giovanni (895 homes on a 4+4 open-market contract, 10.9 €/m² a month on average). Change the numbers to run your own figures.

Simulated net per year€6,461

Gross income €8,700 a year. Yield on the total cost: gross 4.8%, net 3.6%. 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 “Rondo` Marelli Stazione” (central), for standard homes in normal condition, the Italian Revenue Agency gives between €2,400 and €3,200 per m² of gross floor area. At the starting price it costs €2,492 per m², within the values of the area. For 66.8 m² the area range is worth between €160,344 and €213,792. Rents in the area: 8.8–12.3 €/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 Sesto San Giovanni: €28,751 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

€674 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