Office let on Capo di Piazza, overlooking Piazza Unità

On the third floor of the building at the corner of Capo di Piazza Gianni Bartoli, Via delle Beccherie and Via Malcanton, a few steps from Piazza Unità d'Italia: a unit of 132 m² (cadastral area) used today as an office. It is let to a company until 31 May 2028 and is sold with the lease in place: for a buyer looking for income in the centre of Trieste, or for one who wants to make it a home once the lease ends.

The rooms

From the entrance on the landing a corridor leads to five rooms, all with windows: two on Capo di Piazza, three on Via delle Beccherie, a pedestrian street. The windows on Capo di Piazza face Palazzo Modello and look at an angle into Piazza Unità, as far as the Column of Charles VI and the Fountain of the Four Continents; between the buildings there is a glimpse of the sea. One of the rooms is fitted today with a full kitchen. Two internal bathrooms without windows, one with a bath and one with a shower. Parquet in the rooms, ceilings 3.10 metres high, independent heating with a wall-mounted boiler, air conditioning, lift. The photos and the 3D tour show the unit in March 2025, with the furniture of those who work there.

The building

By 1904 the building already had its six levels: shops on the ground floor, the Hotel Adria on the first and second floors, homes from the third to the fifth. The city guides list the Adria until 1973; by 1979 the hotel was called Al Teatro, and a 2002 guidebook described it as the favourite of the artists of the Teatro Verdi. In the early 2000s the building was restored and divided into offices and homes; the city certified it as habitable on 19 January 2004. The entrance hall has a marble floor, a tapestry on the wall, a statue in a glass case and the lift.

The current lease

An office lease of six plus six years, from 1 June 2022. Starting rent €21,600 a year, €1,800 a month, updated automatically every year by 75% of the change in the ISTAT index; service charges paid in advance by the tenant at €100 a month; a security deposit of three months' rent. The tenant may withdraw at any time with six months' notice. At the first expiry, on 31 May 2028, the lease renews for six more years unless renewal is refused. On the asking price, the starting rent is a gross 3.1% a year.

For a buyer who wants to live there

To have it back vacant at the first expiry, a reasoned notice must reach the tenant by 31 May 2027, for one of the reasons allowed by article 29 of Italian Law 392/1978: among them, use as a home for the owner, the spouse or a relative in the direct line up to the second degree. The unit was registered as a dwelling until 2010 and has been an office since October of that year: returning to residential use follows the regional building code of Friuli Venezia Giulia. We are gathering from the city the building permits of the palazzo and of the unit, which will show what filing is needed.

Taxes and costs

The seller is a private individual: registration tax of 9% on the price, €62,100 on €690,000, plus €50 mortgage tax and €50 cadastral tax. For an office, the Italian first-home relief and the cadastral-value basis do not apply. ILIA, the regional property tax: about €2,840 a year at the Trieste rate for let property. Ordinary service charges: about €1,200 a year, currently paid in advance by the tenant.

The energy performance certificate is being obtained and will be published as soon as it is available. Floor areas and the permitted use of each room are as set out in the land-registry documents and the actual state of the property.