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Italy

Derived only from currently loaded listing rows. Includes 9 sourced manual research rows, 0 synthetic rows, and 6 certified comparable priced real-estate rows.

Market read

How to read Italy

Adaptive reuseSource-limited

Italian former-shelter and bunker evidence is valuable but source-health-sensitive, especially where portal rows expire or block transparent checks.

Reading notes

  • Official Demanio or durable press evidence can support archived comps when price, area, and transfer scope are retained.
  • Portal snippets alone should remain source-repair blockers rather than certified evidence.
Listings9
Active4
Archived evidence4
Median underground USD/m²Transferable RE: $770Country median (mixed lanes) $770*
Comparable rows6
Excluded priced2
Research excluded18
Research pending63
Market valuehigh relative value
Completeness89%
Buyer accessHigh
Certified rows only

Asset-type evidence

2 documented asset types in the certified cohort
RowsAsset typeMedian USD/m²Depth
5civil defense shelter$174priced cohort
1hardened facility$1,670thin
Diligence cues

Transfer / Legal Friction

Blockers, row notes, and dataset-scope cautions from the loaded evidence only.

Source blockers

  • Source blockerportal HTTP 403
  • Source blockerstale category-card evidence
  • Source blockersearch snippet only
  • Source blockerbroader redevelopment project

Row-level jurisdiction notes

  • Camporosso Montefontane military antiatomic bunkerStorage or industrial use and civil-defense reuse require local diligence
  • Milan Pergolesi former air-raid shelter cellarCellar use and historic shelter status require buyer verification
  • Turin Palazzo Alfieri condominium nuclear bunker projectShared condominium bunker project; individual apartment purchase does not convey a standalone shelter asset
  • Crevari WWII armored sea-view bunker listingArchived secondary article; original portal listing not captured and heritage or modification constraints require diligence
  • Conegliano Via dei Colli area with bunker auctionAccess through third party property occupancy and local due diligence constraints are explicit in the official notice
  • Florence ex air-raid shelter Demanio auctionSecondary press article summarizes the Demanio auction and preserves price and approximate shelter area but not the full official lot caveats
  • Bergamo Galleria Tubolari Ex Diurno former air-raid shelterHistoric-artistic protection and reuse-planning caveats; archived 2014 auction evidence not active supply

Dataset scope flags

  • Broader-property contamination1 loaded row price the broader property rather than a separated shelter value.
  • Transfer scope ambiguity1 loaded row carry lease, usage-right, broader-property, non-transferable, or unknown transferability classes.
  • Public-use or readiness context4 loaded rows sit in civil-defense, public-disposal, or liability-transfer lanes.
  • Planning or condition diligence2 row-level jurisdiction notes mention planning, protected status, obligations, contamination, or similar reuse friction.

Listing distribution

9 sourced rows, 0 synthetic rows. Median values use only certified comparable source-backed real-estate rows with direct or converted underground area, defensible asking, sale, or auction prices, and acceptable current source health.

4 active sourced rows, 8 priced sourced USD/m² rows,6 comparable priced real-estate rows, and 2 priced rows excluded from the comparable cohort.

  • Civil Defense Shelter
  • Hardened Facility

Source coverage

  • Italy manual research queue manual only
  • Italy property portal manual review manual only
  • Castellanum Rio di Pusteria bunker listing manual only
  • TrovaCasa La Spezia Raffaele Rossetti bunker card manual only
  • Bergamo Galleria Tubolari Ex Diurno official auction-sheet archive manual only
  • Fortificazioni Crevari bunker press archive manual only
  • Agenzia del Demanio Italy disposal PDFs manual review manual only
  • La Gazzetta di Firenze Demanio auction article manual only
  • Italy shelter news and project review manual only

Market value signal

high relative value, score 57. Transferable RE median is $770 across 6 priced rows; the country median across mixed lanes is $770* against a global comparable median of $1,382.

  • 6 Transferable RE rows.
  • Country Transferable RE median is 66% of the global Transferable RE median.

Data gaps

9 rows with price, 0 without price. 8 rows with underground area, 1 without underground area.

Research log: 11 included, 18 excluded, and 63 pending decisions for this country.

  • 1 evidence rows are missing stated underground area.
  • 2 priced sourced rows are excluded from real-estate value cohorts by certification status, source health, scope, area basis, or price basis.
  • 3 evidence rows have blocked, paywalled, unreachable, or unknown source health.

Evidence mix

Coverage
Active Listing 4 / Archived Listing 3 / Government Disposal 1 / News Evidence 1
Sources
Marketplace 3 / News Article 3 / Government Disposal 2 / Broker 1
Health
Live 6 / Blocked 3
What do these lane labels mean?

The lane is the kind of buying, not whether you can buy. Most rows below are real listings or evidence; the badge tells you what type of transaction the row represents.

  • Embedded shelterShelter built into a broader property. You buy the property, the shelter comes with it.
  • Public disposalGovernment auction. Buyer may inherit decommissioning, environmental, or readiness obligations.
  • Adaptive reuseBunker repurposed (museum, hotel, tunnel reuse). Often heritage-protected with reuse constraints.

Italy listings

Synthetic rows are for product development only
AssetRegionMarket TypeUSD/m²QualityValueStatusEvidence
Rio di Pusteria bunker with landSouth TyrolAdaptive reuse$1,670135 (recalibrating)
manual researchactiveactive listinglivecertifiedhighscored

Castellanum page states Bunker with plot of land BX13700 in Rio di Pusteria with EUR 480000 purchase price 309 m2 net area and 6168 m2 plot surface currently used as warehouse

Live source / Supported evidence / Whole Property / Asking Price

Certified: Certified: source is live or archived and the row has price, underground area, asset scope, area basis, price basis, and evidence notes.

Castellanum Real Estate
La Spezia former WWII air-raid bunkerLiguriaAdaptive reuse$872268 (medium listing value)
manual researchactiveactive listinglivecertifiedhighscored

TrovaCasa La Spezia da privati category page showed the row-level card for Magazzino da privato a La Spezia via Raffaele Rossetti with EUR 19500 price 240 m2 area and ex Bunker antiaereo 2 guerra description

Live source / Supported evidence / Whole Property / Asking Price

Certified: Certified: source is live or archived and the row has price, underground area, asset scope, area basis, price basis, and evidence notes.

TrovaCasa
Camporosso Montefontane military antiatomic bunkerLiguriaAdaptive reuse$48422not comparable
manual researchactiveactive listingblockedneeds reviewhighnot comparable

Listing states a rare military antiatomic bunker in Camporosso for EUR 45000 with 100 m2 interior and 560 m2 private garden

Blocked source / Weak evidence / Whole Property / Asking Price

Needs Review: Needs review: structurally comparable row has a currently blocked source URL.

Storage or industrial use and civil-defense reuse require local diligence

Immobiliare.it
Milan Pergolesi former air-raid shelter cellarLombardyAdaptive reuse$86022not comparable
manual researchactiveactive listingblockedneeds reviewhighnot comparable

Listing advertises a 108 m2 underground cellar in Milan Via Pergolesi as an ex air-raid shelter for EUR 86400

Blocked source / Weak evidence / Underground Component / Asking Price

Needs Review: Needs review: structurally comparable row has a currently blocked source URL.

Cellar use and historic shelter status require buyer verification

Immobiliare.it
Turin Palazzo Alfieri condominium nuclear bunker projectPiedmontEmbedded shelterPrice covers broader property — not a separable underground transfer70insufficient data
manual researchactivenews evidenceblockedrejectedhighinsufficient datamissing underground area

Article states Palazzo Alfieri will convert a former bank vault into a nuclear bunker serving apartments that are marketed from EUR 230000 to EUR 1673000

Blocked source / Weak evidence / Underground Component / Broader Property Price

Rejected: Rejected: row is outside the comparable real-estate cohort by scope, area basis, price basis, or priced USD/m2 support. Missing required evidence fields: area_underground_m2, area_basis.

Shared condominium bunker project; individual apartment purchase does not convey a standalone shelter asset

Immobiliare.it News
Crevari WWII armored sea-view bunker listingLiguriaAdaptive reuse$2,275130 (recalibrating)
manual researcharchivedarchived listinglivecertifiedhighscored

Fortificazioni.net reprints the 2021 Liguria Oggi article stating a privately owned WWII armored bunker near Crevari was advertised for 110mila euro with 52 metri quadri internal surface reinforced anti-explosion concrete walls sea view and small surrounding land

Live source / Partial evidence / Whole Property / Asking Price

Certified: Certified: source is live or archived and the row has price, underground area, asset scope, area basis, price basis, and evidence notes.

Archived secondary article; original portal listing not captured and heritage or modification constraints require diligence

Fortificazioni.net / Liguria Oggi archive
Conegliano Via dei Colli area with bunker auctionVenetoPublic disposal$1741342 (recalibrating)
manual researcharchivedarchived listinglivecertifiedhighscored

Agenzia del Demanio Veneto 2021 sale notice lot 41 states Conegliano Via dei Colli area with bunker base auction price EUR 23900 area 61 m2 and bunker covered surface about 148 m2 with 1940s bunker occupied status mediocre maintenance and third party access caveat

Live source / Not Checked evidence / Whole Property / Auction Bid

Certified: Certified: source is live or archived and the row has price, underground area, asset scope, area basis, price basis, and evidence notes.

Access through third party property occupancy and local due diligence constraints are explicit in the official notice

Agenzia del Demanio Veneto
Florence ex air-raid shelter Demanio auctionTuscanyPublic disposal$811350 (medium listing value)
manual researcharchivedarchived listinglivecertifiedhighscored

La Gazzetta di Firenze 2017 article states the Demanio auction in Florence included an ex rifugio antiaereo da 15mila euro that measured poco piu di 200 mq

Live source / Supported evidence / Whole Property / Auction Bid

Certified: Certified: source is live or archived and the row has price, underground area, asset scope, area basis, price basis, and evidence notes.

Secondary press article summarizes the Demanio auction and preserves price and approximate shelter area but not the full official lot caveats

La Gazzetta di Firenze
Bergamo Galleria Tubolari Ex Diurno former air-raid shelterLombardyPublic disposal$1,3662314 (recalibrating)
manual researcharchivedgovernment disposallivecertifiedhighscored

Agenzia del Demanio auction sheet archive states Galleria Tubolari Ex Diurno in Bergamo is an ex air-raid shelter underground below Piazza Dante with EUR 1270000 auction base; official Demanio reuse sheet at https://www.agenziademanio.it/export/sites/demanio/download/gareasteavvisi_1/01_04_15_schede_beni.pdf states 1000 mq commercial underground area

Live source / Not Checked evidence / Whole Property / Auction Bid

Certified: Certified: source is live or archived and the row has price, underground area, asset scope, area basis, price basis, and evidence notes.

Historic-artistic protection and reuse-planning caveats; archived 2014 auction evidence not active supply

Agenzia del Demanio auction sheet archive