Map of the area: Frazione Paravati, Via Giuseppe Morabito, 52, 89852, Mileto, Vibo Valentia
Floor area 69 m² Floor T

Negozi, Botteghe Mileto, Vibo Valentia – Base €11.022 | Asta Giudiziaria

Frazione Paravati, Via Giuseppe Morabito, 52, 89852, Mileto, Vibo Valentia · Tribunale di VIBO VALENTIA

Appraisal report analysis

Machine-translated: the original Italian text is authoritative.

The valuation concerns three properties situated in the municipality of (MiletoVibo Valentia), which have been seized as part of property enforcement proceedings. The properties include commercial premises, a garage and an agricultural shed, all of which are subject to a judicial mortgage. The properties are in compliance with building and land registry regulations, but theAPE [document] is missing and town planning checks are required for the barn.

Risks found (4)

  • Judicial mortgage in favour of (name withheld) S.p.A. for €22,000.00 Appraisal report reference, p. 10

Favourable aspects (4)

  • (address omitted) in good condition, situated in a central location and easily accessible

addicta Index

8,1 / 10

Strong opportunity

  • Starting point neutral point of the index: no signal, neither for nor against 5,0
  • Price vs valuation starting price −78,2% compared with the estimate (estimate source: appraisal report analysis) +3,2
  • Attempt history 3 previous attempts went unsold +1,5
  • Risks from the appraisal report 4 risks detected by the analysis of the appraisal report -1,6

Deterministic 0–10 index (methodology v3), calculated by addicta from the data on this page: it is not advice or an investment recommendation. How we calculate it →

Other risks found

  • Absence of APE(Attestato di (name withheld)) Appraisal report reference, p. 10
  • (address omitted) with no access subject to attachment (parcel 268 not included) Appraisal report reference, p. 6
  • Uncertainties regarding the planning compliance of the warehouse (lack of planning permission) Appraisal report reference, p. 6

Other favourable aspects

  • (address withheld) with a floor area of 73 square metres, with no outstanding service charges
  • Both main properties have a certificate of occupancy Appraisal report reference, p. 10
  • Valuation carried out using the comparative approach and the income capitalisation method Appraisal report reference, p. 11

Comparison with the market

Valuation from the appraisal report: € 50.500 (market value stated in the appraisal report)

The starting price is −78,2% compared with the appraisal report’s valuation.

Price reduction history for this lot

3 attempts before this one · −5% from the first

  1. 13/05/2026 € 11.602 Unsold
  2. 15/07/2026 € 11.022 Unsold −5% on the previous attempt
  3. 11/09/2026 € 11.022 Unsold

If it went unsold again

In Italy, lots similar to this one were relisted on average at about −25.0% from the current starting price (usually between −20.0% and −25.0%).

Statistical estimate of past reductions calculated by addicta, not a forecast or a guarantee.

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Starting price
11.022 €
Bid deadline
05/11/2026
Court
Tribunale di VIBO VALENTIA
Floor area
69 m²
Price per m²
€ 160/m²
Floor
T

Lot description

Locale Intended for commercial use on the ground floor of a multi-storey building, secured with external iron doors and internal aluminium doors. It covers an area of 69 square metres and consists of a single room, complete with a changing room and bathroom, connected to the mains water supply and the municipal sewerage system, and fitted with an electrical installation that complies with regulations, in good working order.

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Frequently asked questions about this auction

When does this auction in Mileto take place?

The deadline for submitting bids is 05/11/2026. The auction will then be held on 06/11/2026 at the Tribunale di VIBO VALENTIA.

What is the starting price of this court auction?

The auction starting price is €11.022. The minimum admissible bid is €8.267. The minimum bid increment is €441.

How do I take part in this auction?

The auction is held in Synchronous mixed mode. To take part you must submit a bid with a deposit equal to 10% of the price offered, by the deadline shown on the Public Sales Portal. The deadline for bids is 05/11/2026.

What happens if this auction goes unsold?

This auction is already at attempt no. 4: the 3 previous ones went unsold. The cumulative discount since the first attempt is 5.0%. If this auction also goes unsold, the judge may order a new attempt at a further reduced price (usually −25% on the previous starting price).

Can I view the asset before taking part in the auction?

Yes, it is normally possible to view the asset by making an appointment with the court-appointed custodian. The custodian’s details (name and contacts) are given in the technical appraisal report downloadable from this page.

Page edited by the addicta editorial team — official data from the Ministry of Justice’s Public Sales Portal.

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