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Settala · Property complex

Property complex up for auction at Via delle Industrie 1, Settala

Via delle Industrie 1, Settala (Milano)

The appraisal report in brief

  1. Unauthorised building works

    Lot 1: the building's configuration differs from the one approved in 1962, and the discrepancy must be regularised by SCIA under art. 34-ter; the appraiser also indicates works to be examined, such as the internal layout and the openings on the façades.

    «La difformità dovrà pertanto essere regolarizzata mediante SCIA ai sensi dell'articolo 34-ter»

    Quote from the report (Italian), page 7 ↗
  2. Planning and land-registry discrepancies

    Lot 1: the appraiser writes that the cadastral record does not match the state of the premises pursuant to Law 122/2010, and that the floor plans need to be updated.

    «la scheda catastale non può ritenersi conforme allo stato dei luoghi ai sensi della L. 122/2010»

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

    Lot 1: the appraiser estimates regularisation costs of €30,000, to be deducted from the market value, with the oblation payment possibly reaching up to €10,328.

    «un importo forfettario pari a 30.000 €, da portare in detrazione dal valore di mercato»

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

    Lot 1: the remediation and building works include replacing the roof; the appraiser also reports that the heating plant at the rear is no longer in operation and that the boiler room lacks a building permit.

    «il locale caldaia realizzato in assenza di uno specifico titolo edilizio»

    Quote from the report (Italian), page 8 ↗
  5. Regularisation costs

    Lot 1: for removing and disposing of the cement-asbestos roof, the appraiser indicates a cost of €85,000.00 (850 m² × €100/m²), deducted from the value.

    «L'onere complessivo di bonifica e rifacimento della copertura risulta pertanto pari a 850 mq × 100,00 €/mq = 85.000,00 €.»

    Quote from the report (Italian), page 11 ↗
  6. State of repair

    Lot 1: the appraiser describes the building as being in poor maintenance condition, with cracks, ceiling leaks and rising damp in the industrial area.

    «Nel complesso, l'immobile si presenta in mediocri condizioni manutentive e conservative.»

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

    Lot 1: the industrial shed is subject to easements for pedestrian passage and buried electric cables, created in 2024 for a term of 30 years.

    «Le servitù hanno durata di anni 30.»

    Quote from the report (Italian), page 5 ↗
  8. Occupancy and title

    Lot 1: the appraiser states that at the date of the inspection the property was unoccupied and not in use, with residual materials and equipment.

    «l'immobile risultava libero da persone e non in uso, con presenza all'interno di materiale e attrezzature residue»

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

    Lot 1: a judicial mortgage registered in 2025 for a total of €300,000.00 in favour of a third party is recorded, still open at the date of the inspections; the appraiser also reports a registered preliminary sales contract, with the need to assess the Procedure's takeover of it.

    «permane l'ipoteca giudiziale iscritta in data 18 giugno 2025 per complessivi 300.000,00 €»

    Quote from the report (Italian), page 3 ↗
  10. Other

    Lot 1: the appraiser notes the presence of a cement-asbestos roof in a deteriorated condition, with a risk of fibre release.

    «il materiale è stato prudenzialmente considerato in stato di degrado tale da rendere non convenienti gli interventi di incapsulamento»

    Quote from the report (Italian), page 10 ↗
  11. Occupancy and title

    Lot 1: the right of use over the technical room, cadastral parcel 249 sub. 706, is personal, non-transferable and not rentable, and it was not valued separately.

    «il locale tecnico non è stato oggetto di autonoma valutazione»

    Quote from the report (Italian), page 3 ↗

Automatic summary of the appraisal report (perizia): the report itself prevails. Pages read: 18 of 18. Summary of 5 November 2026. Open the report ↗

The lot

Property complex in Settala: base price €110,000, vacant (as stated in the appraisal report).

TypeProperty complex
Surface areamultiple assets: surfaces in the appraisal report
Occupancy statusVacant · from the appraisal report
Deadline for offers09/11/2026 at 16:00 · in 4 days
Auction date11/11/2026 at 09:00
Minimum offer€110,000 (equal to the base price: this notice does not accept reduced offers)
Deposit10% of the price you offer
Minimum bid increment€1,000
Type of saleCompetitive sale in insolvency proceedings (Court of Milan), published on the Public Sales Portal
Sale methodOnline asynchronous auction: offers and bids online over a number of days, without being present
ProceedingsJudicial liquidation no. 299/2026 · Lot 1 · Court of Milan
Viewings and informationReceiver: Elena Mantero
Sale manager: Paolo Fancoli · immobiliare@astebook.com

Offers by Monday 09/11/2026 at 16:00; auction on Wednesday 11/11/2026.

Read the text of the notice

From the notice: Industrial property consisting of a warehouse with attached offices in Settala.

If this sale also ends with no bids (asta deserta), the judge can, as a rule, reduce the base price (prezzo base) by up to a quarter: at the next attempt it could start from around €82,500, with a minimum offer (offerta minima) of €61,875. This is the maximum allowed by law (art. 591 c.p.c.), not a forecast: the judge decides the reduction and in the meantime the lot may be awarded to others.

How to take part

Irrevocable offer as set out in the sale rules (disciplinare), online on the Public Sales Portal or on the website of the sale manager. Minimum offer (offerta minima): €110,000.

  1. This is a competitive sale run by the receiver of the procedure: read the sale rules (disciplinare), which set out where and how the offer must be submitted. To visit the property, contact the receiver: Elena Mantero.
  2. The irrevocable offer is submitted as set out in the sale rules (disciplinare), online on the Public Sales Portal or on the website of the sale manager by Monday 09/11/2026 at 16:00.
  3. If you are awarded the lot (aggiudicazione), you pay the balance within the deadlines set out in the disciplinare and sign the notarial deed (rogito) with the notary; mortgages and seizures are then cancelled by decree of the delegated judge.

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.

Source of the data: judicial auction (official notice). Colpo d’Asta is a private service, not the official website of the sale: the notice is what counts. 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 (cauzione): 10% of the offered price, as set out in the sale rules
  • Balance payable under the disciplinare terms
  • Notary's fee for the notarial deed, payable by the buyer
  • Registration tax as in a normal sale; if the company in the proceedings is selling business assets, the sale may be subject to VAT (IVA): check the disciplinare
  • 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: €11,000 (10% of the base price, as the notice requires)
  • Registration tax: €10,000 (9%, minimum €1,000, plus €100 for mortgage and cadastral tax); if a business is being sold, VAT may apply: the notice says so
  • Notary's fee for the notarial deed (payable by the buyer), transcription and change of ownership: approximately €1,000-€2,500, more for higher amounts
  • Indicative total budget starting from €110,000: approx. €121,000-€122,500
  • These are estimates based on the general rules, not a quote: the exact figure depends on the notice, your tax situation and the bank.

History of the lot

  1. 11 November 2026€110,000

    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 €82,500, with a minimum offer from €61,875. 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.

  • 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 Settala: €28,072 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

€445 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