Buying/Restoring a place in Italy

[crofty1984]

I've posted this in the Italian forums, but hoped it would get some more traffic here. Oh, I already live in Italy.

"I have a cunning plan!"
I'm in free accommodation for the next 18 months, and I've seen some nice places (for me) at around 100,000 euro that could use some tidying.

For example this or it's bilocali equivalent:
http://www.immobiliare.it/4951149-rustici-in-vendi...
No outside pictures I know. But I don't live a million miles away, I could swing by.

Anyway, back to the point! Is it a good idea to buy a place that needs "doing up" before the end of my free period (I'm talking in about a year's time, with 6 months still to go) so I have somewhere good to live whils I break the back of it? I was thinking of somewhere structurally sound, so no rebuilding, just a good going through the interior.

I fear I may have just stumbled upon a stupid plan. Any ideas?
Oh, I'd be buying it to live in, not to make any money. I could save maybe between 5000-10000 sterling for a deposit.

[blueyes]

crofty1984 said:

I've posted this in the Italian forums, but hoped it would get some more traffic here. Oh, I already live in Italy.

"I have a cunning plan!"
I'm in free accommodation for the next 18 months, and I've seen some nice places (for me) at around 100,000 euro that could use some tidying.

For example this or it's bilocali equivalent:
http://www.immobiliare.it/4951149-rustici-in-vendi...
No outside pictures I know. But I don't live a million miles away, I could swing by.

Anyway, back to the point! Is it a good idea to buy a place that needs "doing up" before the end of my free period (I'm talking in about a year's time, with 6 months still to go) so I have somewhere good to live whils I break the back of it? I was thinking of somewhere structurally sound, so no rebuilding, just a good going through the interior.

I fear I may have just stumbled upon a stupid plan. Any ideas?
Oh, I'd be buying it to live in, not to make any money. I could save maybe between 5000-10000 sterling for a deposit.

Prepare to be financially raped, tucked up, fecked about, ripped off, lied to, and to spend a lot of time waiting for things to be done.... and that's if your friends are doing the work and you know everybody in the local council by their first name.

In bocca al lupo!