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Charming 1-Bedroom Apartment in Historic Biella

€50,000€714/m²

Biella, Piedmont, Italy

  • 70 m²

    interior

  • 70 m²

    plot

  • Apartment

    property type

  • Yesterday

    listed

The Habio take

AI summary

This fully renovated one-bedroom apartment in Biella, Piedmont, offers the perfect blend of comfort and investment. Located in the heart of this picturesque town, it provides an authentic Italian lifestyle surrounded by stunning alpine scenery.

  • mountains
  • investment
  • quiet
  • walkable
  • historic

Highlights

  • Fully renovated and furnished
  • Located in historic Biella
  • Tenanted with reliable income
  • Low annual condo fees
  • Close to Italian Alps for year-round activities

Worth knowing

  • Small balcony might not suit all buyers
  • Tenant rights may limit immediate personal use

Good fit for: Ideal for investors, retirees, or anyone seeking a peaceful Italian retreat.

Lifestyle scores

Beach
0
Walkable
70
Remote work
60
Family
45
Retirement
65
Airport access
60
Investment
70
Luxury
50
Value
80

About this place

Discover the charm of this stunning 70 sqm apartment located in the historic centre of Biella. Recently renovated, it features a spacious living room, a separate well-equipped kitchen, a modern bathroom, and a tranquil bedroom, perfect for comfortable living. The apartment includes a private cantina for storage and a small balcony, ideal for enjoying the peaceful atmosphere of the town. Offered fully furnished, the property ensures a seamless transition for new owners.

Currently tenanted at €450 per month under a four-year contract, this apartment presents an immediate return on investment, with the option to terminate the lease with just three months' notice. Coupled with low annual condominium fees of €600 that include water, this makes for an exceptionally affordable investment.

Biella is beautifully situated at the foot of the Italian Alps, offering breathtaking landscapes and numerous outdoor activities. The area is perfect for ski enthusiasts in winter and for hikers and mountain bikers in the summer. With a rich history and vibrant cultural scene, Biella is less frequented by mainstream tourism, providing an authentic Italian experience set against its charming medieval backdrop. Notably, it is also conveniently located just one hour from Milan and Turin, enhancing its accessibility and appeal.

What this place offers

  • storage
  • balcony
  • furnished

Where you’ll be

Biella, Piedmont, Italy

Location is approximate — exact address is confirmed by the agent.

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IT

Buying property in Italy

Full guide →

Italy is open to most foreign buyers under reciprocity rules (EU/EEA buyers always; non-EU buyers from countries with bilateral agreements, which covers the UK, US, Canada, Australia and most major markets). A codice fiscale is required, and a notaio handles the conveyance as a neutral public official. An independent lawyer or geometra is strongly recommended for due diligence.

  1. 1

    Get a codice fiscale

    Italian tax code — apply at any Agenzia delle Entrate office or an Italian consulate abroad. Free and fast.

  2. 2

    Make a proposta d'acquisto

    Written purchase proposal with a small deposit (typically €1,000–€5,000). Binding on the buyer for an agreed period; becomes binding on both parties when the seller accepts.

  3. 3

    Due diligence

    Geometra or lawyer checks cadastral records, planning compliance (conformità urbanistica), title, and any debts or mortgages attached to the property.

  4. 4

    Sign the compromesso (preliminare)

    Preliminary contract with a deposit of 10–20% (caparra confirmatoria). If buyer withdraws they forfeit it; if seller withdraws they pay double.

  5. 5

    Final searches by the notaio

    Notaio runs title and mortgage searches at the Conservatoria dei Registri Immobiliari and prepares the final deed.

  6. 6

    Sign the rogito (atto di compravendita)

    Final deed signed at the notaio's office (or by power of attorney). Balance paid, taxes paid, keys handed over.

  7. 7

    Registration

    Notaio registers the deed with the tax authority and land registry within 30 days.

The prima casa (primary residence) tax rate of 2% requires you to declare residency in the same comune within 18 months of completion — failure means back-taxes plus penalties. The €1 home schemes in southern villages are real but come with strict renovation deadlines (typically 3 years) and security deposits. Non-resident mortgages from Italian banks are available but limited (typically 50–60% LTV).

General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference

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