Via Cerca 12, Settala (Milano)
Photos published with the sale documents. The official notice prevails.
Sole lot: the property is occupied. From enquiries at the Revenue Agency (Agenzia delle Entrate) no lease contracts registered in the name of the debtor (esecutata) have emerged.
«Occupato Da indagine effettuata presso l'Agenzia delle Entrate a nome di Moretti Annamaria non risultano registrati contratti di locazione»
Single lot: during the inspection a small plasterboard storage cupboard was found in the living room, to be removed; the apartment is therefore only substantially compliant.
«risultava sostanzialmente conforme in quanto risulta eseguito nel soggiorno un piccolo ripostiglio in cartongesso da rimuovere»
Single lot: overdue condominium expenses as at 31-12-2025 are stated as €1,250. The future successful bidder must check the updated amounts, which are payable jointly with the debtor in the foreclosure proceedings.
«Spese arretrate alla data del 31-12-2025 € 1.250»
Single lot: the appraiser notes that the successful bidder may have to pay arrears for the current year and the previous year, plus shares of maintenance works carried out, in progress or approved.
«gravanti in via solidale con l’esecutato ex art. 63 quarto comma disp. att. c.c.»
Single lot: the building's maintenance condition is mediocre; built in 1964 without a lift, and with generally mediocre overall conditions for the building.
«Le condizioni manutentive generali del fabbricato sono mediocri.»
Single lot: the condition of the apartment is mediocre, with a non-armoured entrance door and wooden window frames.
«Nel suo insieme lo stato di conservazione dell’appartamento è mediocre.»
Single lot: no certificates of compliance for the systems are on record.
«Certificazioni di conformità degli impianti (all 9) Non presenti»
Single lot: the appraiser states €0 for technical costs of urban planning or cadastral regularisation payable by the buyer, and applies a reduction of €3,000 for a lump-sum refund of condominium expenses.
«Spese tecniche di regolarizzazione urbanistica e/o catastale a carico dell’acquirente - indicative: € 0,00»
Single lot: the appraiser applies a 5% reduction for absence of warranty against defects, amounting to €3,770, and warns that the base price (prezzo base) is net of these deductions.
«Riduzione del valore del 5% per assenza di garanzia per vizi :»
Single lot: no energy performance certificate or structural suitability certificate is on record for the property.
«l’unità è risultata non dotata della certificazione»
Automatic summary of the appraisal report (perizia): the report itself prevails. Pages read: 13 of 13. Summary of 5 November 2026. Open the report ↗
Apartment of 58 m² with cellar in Settala: base price €69,000 (€1,190/m²), occupied without legal title (as the notice says).
| Type | Apartment |
|---|---|
| Surface area | 58 m² |
| Occupancy status | Occupied without title (the court-appointed custodian frees it after the award) · from the notice |
| Deadline for offers | 19/01/2027 at 13:00 · in 75 days |
| Auction date | 20/01/2027 at 10:00 |
| Minimum offer | €51,750 |
| Deposit | 10% of the price you offer |
| Minimum bid increment | €1,500 |
| Type of sale | Court sale by the Court of Milan, with online tender on the notaries' portal (Notartel) |
| Sale method | Online asynchronous auction: offers and bids online over a number of days, without being present |
| Proceedings | R.G.E. 637/2025 · Court of Milan |
| Viewings and information | Sale delegate: Elisa Castagnoli · 0276028498 · studio@elexia.it |
Offers by Tuesday 19/01/2027 at 13:00; auction on Wednesday 20/01/2027.
From the notice: Apartment on the second floor with a cadastral surface area of 58 m², comprising entrance hall, living room, kitchen, bedroom, bathroom and balcony, with an attached cellar on the semi-basement level.
If this auction also ends with no bids (asta deserta), the judge can generally reduce the base price (prezzo base) by up to a quarter: at the next attempt it could start from around €51,750, with a minimum offer (offerta minima) of €38,812. 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.
Online offer digitally signed via certified email (PEC) on the Public Sales Portal. Minimum offer (offerta minima) €51,750.
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.
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)
Source of the data: Court auction (official notice). Colpo d’Asta is a private service, not the official sale website: the notice is what counts. Report an error or request the removal of this listing.
The items below are the general rules for this type of sale: the exact figures are in the notice linked at the bottom.
As it is: €87,000 – €104,400
OMI values for standard homes, area “Intero Centro Urbano”, first half of 2026, normal condition, × 58 m².
After a full renovation: €107,300 – €139,200
OMI values for the same area, excellent condition, × 58 m².
| Works | €/m² | Total for 58 m² |
|---|---|---|
| LightPainting, minor repairs, sanitary ware and doors | €200 – €400 | €11,600 – €23,200 |
| MediumBathroom, kitchen, flooring and upgrading of the systems | €400 – €800 | €23,200 – €46,400 |
| FullNew systems, window frames, flooring, bathrooms, kitchen and partition walls | €700 – €1,300 | €40,600 – €75,400 |
Sources: idealista.it, money.it, cosedicasa.com, varesenews.it. VAT on the works, designer fees and tax incentives excluded.
| Scenario | Total cost | Resale | Margin |
|---|---|---|---|
| Resell as it isminimum offer €51,750 + taxes €4,758 + delegated professional €1,000 – €2,500 | €57,508 – €59,008 | €87,000 – €104,400OMI, normal condition | +€27,992 – +€46,892 |
| Fully renovate and resellminimum offer €51,750 + taxes €4,758 + delegated professional €1,000 – €2,500 + works €40,600 – €75,400 | €98,108 – €134,408 | €107,300 – €139,200OMI, excellent condition | from −€27,108 to +€41,092 |
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.
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 €51,750, with a minimum offer from €38,813. This is the maximum reduction, not a forecast.
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Position taken from the address in the notice: it may be approximate. © OpenStreetMap contributors, open the map.
Starting rents estimated from rental contracts registered in 2025 in Settala (58 homes on a 4+4 open-market contract, 7.2 €/m² a month on average). Change the numbers to run your own figures.
Gross income €5,040 a year. Yield on the total cost: gross 6.7%, net 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.
€279 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.
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.
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€1,287/m²
Mortgage ≈ €372 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
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€2,417/m²
Mortgage ≈ €1,125 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
Milan · Via Lattanzio 68
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€6,166/m²
Mortgage ≈ €3,918 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
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€3,195/m²
Mortgage ≈ €996 a month (Indicative payment: a mortgage of 80% of the starting price over 25 years at the ECB average rate. Not a credit offer.)
