Budget for buying a farmhouse to
Budget for buying a farmhouse to renovate in Tuscany. Greetings everyone! I am after some advice about purchasing a rural farmhouse in the Lunigiana region. I'm on the brink of making an offer, and am wondering if I could have some feedback from some of you lovely local experts. I've been reading through tons of posts on here and there is already a lot of information, so I'm very hopeful someone will be so kind as to let me know what they think about my project The house is a rustic/rural farmhouse with a solid roof, solid structure, and an exterior that was recently refreshed. It's an empty house though, and would need everything else done in order for it to be habitable. It will need to be changed from rural to residential.Asking price was around €55k and the offer which we are confident will be accepted is €40k. It is approximately 70m2 on two levels, sitting on a large plot of land. There is already electrical connectivity on-site, and the house has its own water source. A septic tank will need to be installed as there's no communal sewage in place. The location is exactly what I wanted in that it is close to the sea and Cinque Terre (both less than 45 minutes away), and it is accessible via a paved road leading directly to the house.My first question: what do you think of the price for this property?Second question: after the purchase price + fees are paid, I will have around €10-15k to begin the first round of renovations. Will this be enough to make at least the ground floor habitable, using very basic materials and finishing? Third question: does anyone know the average price / m2 is for this specific area, for renovations? I'm finding wide ranges of €500 - 1500 / m2 online, and obviously that makes a big difference when trying to figure out the total renovation budget I might be looking at. Thanks!