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Despite the majority of legislative requirements in terms of energy performances is not addressed to historical buildings, there is an increasing consciousness on their relevance to reach the European CO 2 emissions’ reduction goals. This paper engages the theme of traditional buildings’ refurbishment, with a view to the necessity of a conscious intervention in terms of heritage preservation, energy efficiency and financial viability. In particular, the research analyzed a real case study of a rural building located in North Italy; the main objective of the study is to compare two different refurbishment scenarios by simultaneously considering architectural, energy and financial aspects. [ABSTRACT FROM AUTHOR]