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Milan · 134 m² · Commercial premises

Commercial unit at auction in Via Enrico Cosenz 81, Milan, 134 m²

Via Enrico Cosenz 81, Milano

The appraisal report in brief

  1. Occupancy and title

    Single lot: the property is occupied. There is a commercial lease dated 30/11/2022 and two loans for use (comodati); the appraiser states that the lease was signed after the notice of attachment and that it is not enforceable against third parties.

    «si, non opponibile»

    Quote from the report (Italian), page 2 ↗
  2. Occupancy and title

    The appraiser states that the commercial lease was signed after the attachment notice, with an annual rent of €42,000.

    «Si evidenzia che il contratto è stato stipulato in data successiva alla notifica del pignoramento»

    Quote from the report (Italian), page 9 ↗
  3. Unauthorised building works

    The appraiser states that there are significant irregularities and unauthorised building works (abuso edilizio), only partly regularisable. For canopy C and canopy E the appraiser recommends removing them.

    «Sono presenti difformità e abusi rilevanti, allo stato solo in parte sanabili.»

    Quote from the report (Italian), page 13 ↗
  4. Unauthorised building works

    The Municipality has issued a demolition order for the glass enclosure of canopy A, which is still in place.

    «Scaduti i termini la chiusura non viene ri-mossa e il Comune emette un ordine di demolizione in data 20/02/2012.»

    Quote from the report (Italian), page 13 ↗
  5. Planning and land-registry discrepancies

    The appraiser states that the property does not comply with building regulations and that the actual conditions do not match the filed plans.

    «Unità immobiliare non conforme. Si veda lo schema grafico di riepilogo sotto riportato.»

    Quote from the report (Italian), page 13 ↗
  6. Planning and land-registry discrepancies

    The appraiser states that the property does not comply with cadastral regulations and that, after the building regularisation (sanatoria edilizia), a cadastral update is needed.

    «Unità immobiliare non conforme.»

    Quote from the report (Italian), page 13 ↗
  7. Regularisation costs

    The appraiser indicates technical costs for urban planning and/or cadastral regularisation borne by the buyer of €17,100, and a 5% reduction in value for lack of warranty against defects (€28,500).

    «Spese tecniche di regolarizzazione urbanistica e/o catastale a carico»

    Quote from the report (Italian), page 19 ↗
  8. Unpaid condominium fees

    Single lot: the condominium charges unpaid as at 12/01/2023 amount to €53,522.79. The future successful bidder (aggiudicatario) should check the updated amounts, which are jointly liable with the foreclosure debtor.

    «Spese condominiali non pagate al 12/01/2023 euro 53.522,79»

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

    Single lot: the appraiser states that the general condition of the building is poor and that the basement is in poor condition, with detachment and efflorescence due to damp.

    «condizioni generali dello stabile: scarse»

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

    Single lot: the appraiser states that canopy C rests on the boundary wall, encroaching on it, without any agreement between neighbours.

    «l'appoggio della tettoia sul muro di confine (con sconfinamento e in assenza di convenzione tra confinanti o simile)»

    Quote from the report (Italian), page 14 ↗

Automatic summary of the appraisal report (perizia): the report itself prevails. Pages read: 20 of 20. Summary of 5 November 2026. Open the report ↗

The lot

Commercial unit of 134 m² in Milan: base price €250,000 (€1,866/m²), vacant (as stated in the notice).

TypeCommercial premises
Surface area134 m²
Occupancy statusVacant · from the notice
Deadline for offers16/12/2026 at 13:00 · in 41 days
Auction date17/12/2026 at 11:00
Minimum offer€187,500
Depositat least 10% of the price you offer: the exact percentage is in the notice
Minimum bid increment€4,000
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. 73/2022 · Court of Milan
Viewings and informationSale delegate: Emanuele Gallizia · 0272001469 · emanuele.gallizia@studiogallizia.it

Offers due by Wednesday 16/12/2026 at 13:00; auction on Thursday 17/12/2026.

Read the text of the notice

From the notice: Milan - Via Enrico Cosenz 81 - Commercial property between Via Cosenz and Via Bovisasca: two-window commercial unit on Via Cosenz comprising three rooms plus a service area; on the basement level storage and services; outside uncovered area and two canopies, waste room and WC. 134 m². Pedestrian access from Via Cosenz and vehicle access from Via Bovisasca.

How to take part

Telematic offer digitally signed and sent via certified email (PEC) on the Public Sales Portal (Portale delle Vendite Pubbliche, PVP). Minimum offer (offerta minima): €187,500.

  1. Book a viewing through the Public Sales Portal (Portale Vendite Pubbliche), using the «Prenota visita» 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): Emanuele Gallizia · 0272001469. 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 Wednesday 16/12/2026 at 13:00.
  4. Auction Thursday 17/12/2026 at 11:00: if you are the successful bidder for the lot, pay the balance within the deadlines in the notice and then the transfer decree (decreto di trasferimento).

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 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 (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: the notice sets the percentage (often 10%, sometimes 20%): check it before making the bank transfer
  • Registration tax: €16,975 (9%, minimum €1,000, plus €100 for mortgage and cadastral taxes); if a company is being sold, VAT may apply: the notice states this
  • 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 €187,500: about €205,475-€206,975
  • 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: €221,100 – €368,500

OMI values for shops, area “Bovisa, Bausan, Imbonati”, first half of 2026, normal condition, × 134 m².

The potential margin

ScenarioTotal costResaleMargin
Resell as it isminimum offer €187,500 + taxes €16,975 + delegated professional €1,000 – €2,500€205,475 – €206,975€221,100 – €368,500OMI, normal condition+€14,125 – +€163,025

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. 19 September 2024€520,000

    Outcome not published

  2. 19 December 2024€416,000

    Outcome not published · 20% lower than the previous attempt

  3. 17 December 2026€250,000

    This sale · 40% 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 €187,500, with a minimum offer from €140,625. 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.

The market here

Auctions in Milan ↗
  • Area value: in OMI area D31 “Bovisa, Bausan, Imbonati” (outlying), for shops in normal condition, the Italian Revenue Agency gives between €1,650 and €2,750 per m² of gross floor area. At the starting price it costs €1,866 per m², within the values of the area. For 134 m² the area range is worth between €221,100 and €368,500. Rents in the area: 10–19 €/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.
  • 23,776 homes sold in the last 4 quarters (provincial capital, MI), 54% with a mortgage. In Q2 2026: −1% on a year earlier.Italian Revenue Agency – OMI, data up to Q2 2026.
  • Average declared income in Milan: €41,865 a year.Italian Ministry of Economy and Finance, tax year 2024.

The monthly payment, as a guide

€1,012 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