Monza · 44 m² · Apartment

Apartment with cellar at auction in Via Cederna 24, Monza, 44 m²

Via Cederna 24, Monza (Monza e della Brianza)

Photos published with the sale documents. The official notice prevails.

The lot

Apartment of 44 m² with cellar in Monza: base price €47,900 (€1,089/m²), occupied without legal title (the notice says so).

Type	Apartment
Surface area	44 m²
Occupancy status	Occupied without title (the court-appointed custodian frees it after the award) · from the notice
Deadline for offers	02/02/2027 at 13:00 · in 89 days
Auction date	04/02/2027 at 15:30
Minimum offer	€36,000
Deposit	10% of the price you offer
Minimum bid increment	€500
Type of sale	Court-ordered sale published on the Public Sales Portal (Court of Monza)
Sale method	Synchronous online auction: live online bidding at a fixed time
Proceedings	R.G.E. 22/2025 · Court of Monza
Viewings and information	Sale delegate: Ernesto Conforti · elisa@pennaticonforticarminati.it

Offers by Tuesday 02/02/2027 at 13:00; auction Thursday 04/02/2027.

Read the text of the notice

From the notice: apartment located in Monza, Via Cederna 24, staircase A, with a total gross surface area of 44 m², for a 1000/1000 share of full ownership, on the first floor without lift, consisting of a room with kitchenette, bathroom and bedroom with balcony for exclusive use with apartment of which.

If this sale also goes unsold, the judge can usually reduce the base price (prezzo base) by up to a quarter: at the next attempt it could start from around €35,925, with a minimum offer (offerta minima) of €26,944. This is the maximum allowed 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 someone else.

How to take part

Digitally signed online offer sent via PEC on the Public Sales Portal (Portale delle Vendite Pubbliche, PVP). Minimum offer (offerta minima) €36,000.

Book the viewing via the Public Sales Portal, using the «Book viewing» button on the official listing: by law, requests must go through there (art. 560 c.p.c.). For questions about the property, the contact is the sale delegate (delegato alla vendita): Ernesto Conforti · elisa@pennaticonforticarminati.it. Read the attached appraisal report (perizia).
Prepare PEC, digital signature, ID document and the bank transfer for the deposit (10% of the price you offer, as the notice requires).
Submit the online offer via the Public Sales Portal by Tuesday 02/02/2027 at 13:00.
Auction Thursday 04/02/2027 at 15:30: if you are awarded the lot, payment of the balance within the terms of the notice, 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.

Official listing on the Public Sales Portal (book a viewing)

Data source: judicial auction (official notice). Colpo d’Asta is a private service, not the official sale website: the official notice is what counts. Report an error or request 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: 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 (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
Anyone occupying without title will be removed by the court-appointed custodian, and the timing should be factored in

What you really need

Deposit: € 3,600 (10% of the minimum offer, as the notice requires) or € 4,790 if you offer the base price
Registration tax (imposta di registro): € 1,100 if first home (2%, minimum €1,000) or € 3,340 in other cases (9%, minimum €1,000), already including €100 of mortgage and cadastral taxes; if a business 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 rather than 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 € 36,000: approximately €38,100-€41,840
Estimate starting from the minimum offer: monthly instalment of about €123 with a 70% mortgage (€25,200) over 25 years at 3.3%; about €12,900 in savings needed: the 30% not covered by the mortgage (the deposit paid is part of it and is deducted from the price), the 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: €96,800 – €127,600

OMI values for abitazioni civili, area “B2”, first half of 2026, normal condition, × 44 m².

After a full renovation: €129,800 – €171,600

OMI values for the same area, excellent condition, × 44 m².

What the works cost

Works	€/m²	Total for 44 m²
LightPainting, minor repairs, sanitary ware and doors	€200 – €400	€8,800 – €17,600
MediumBathroom, kitchen, flooring and upgrading of the systems	€400 – €800	€17,600 – €35,200
FullNew systems, window frames, flooring, bathrooms, kitchen and partition walls	€700 – €1,300	€30,800 – €57,200

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

The potential margin

Scenario	Total cost	Resale	Margin
Resell as it isminimum offer €36,000 + taxes €3,340 + delegated professional €1,000 – €2,500	€40,340 – €41,840	€96,800 – €127,600OMI, normal condition	+€54,960 – +€87,260
Fully renovate and resellminimum offer €36,000 + taxes €3,340 + delegated professional €1,000 – €2,500 + works €30,800 – €57,200	€71,140 – €99,040	€129,800 – €171,600OMI, excellent condition	+€30,760 – +€100,460

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

4 February 2027€47,900
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 €35,925, with a minimum offer from €26,944. This is the maximum reduction, not a forecast.

Where it is

If you rent it out

Starting rents estimated from rental contracts registered in 2025 in Monza (1,271 homes on a 4+4 open-market contract, 11.4 €/m² a month on average). Change the numbers to run your own figures.

Monthly rent (€)Months without a tenant (% of the year)Flat-rate rental tax (%)Total cost: price, taxes, works (€)

Simulated net per year€4,456

Gross income €6,000 a year. Yield on the total cost: gross 11.5%, net 8.5%. 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.

The market here

Area value: in OMI area B2 (centrale), for abitazioni civili in normale condition, the Italian Revenue Agency gives between €2,200 and €2,900 per m² of lorda floor area. At the starting price it costs €1,089 per m²: 51% below the minimum of the area. For 44 m² the area range is worth between €96,800 and €127,600. Rents in the area: 8–11 €/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.
Average declared income in Monza: €36,630 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

Loan amount (€)Term (years)Assumed interest rate (%)

€194 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.