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Villa plurifamiliare in Terranova da Sibari

Terranova da Sibari, Calabria
Bedrooms
0
Baths
0
m²
320
Price per m²
€172
Property type
Villa
Rooms
5 locali

Villa plurifamiliare in Terranova da Sibari. Habitable.

What it really costs

Can you move in?

Livable, but something basic is worn out

In the listingHabitable
See what needs doing and what each job costs
Why this price is what it is

Estimated renovation €200/m² → €64,000, so effective price = €119,000 (≈€372/m²). That is ~38% above the regional baseline of €270/m², so it looks overpriced per m² despite the low asking price; listing states 'Habitable' and includes 15 photos.

More on the house and the area
What the photos show

Large, habitable multi‑unit villa with long balconies and a genuine view over olive groves — good countryside setting. Interiors are dated but solid, so this is a real, livable bargain for someone willing to modernise rather than a turnkey dream home.

Updating, not renovation
€64,000 – €92,000

Decoration, tired fittings, a bathroom or a kitchen. The house is liveable as it stands.

Our read of the photos is €200/m². There is no published price band below €350/m², so the range is that figure widened by the spread of the lightest band.

Materials only, work you may do yourself€21,000 – €36,000

Wiring, water and sanitary work of any kind, heating, air conditioning and gas go to a registered firm by law, and so do flues and the air openings for gas appliances. That labour stays in the bill. Yours is the stripping out, plaster, paint, floors, tiling and carpentry.

Labour is 61% of a renovation price on average and 67% at the median, across 191 items of the Emilia-Romagna 2025 public price list. Materials are the rest. An averaged price list, not a quote.

Materials you buy yourself carry 22% VAT; supplied by the firm doing the work they go at the 10% renovation rate. On a €30,000 materials bill that is €3,600 of extra tax.

Household wiring installed before 13 March 1990 counts as compliant if it has a main breaker with overcurrent protection, protection against direct contact and a 30 mA RCD. Having a firm bring the existing wiring up to that and certify it is the cheapest lawful route.

Asking price + this range
€119,000 – €147,000
What worries us about this house
  • Dated 1970s interiors and bathrooms — cosmetic renovation likely needed
  • Multi‑family block on a narrow street with limited parking/privacy
  • No garden; outside space is balconies only

Estimate from the listing and its photos, not a survey. Treat it as the starting point for your own quotes. An Italian builder's quote is normally written without VAT and without design fees, so add about a quarter to any figure a firm gives you.

The area around

Location score 55/100

The cluster sits on the Sibari plain, with the Pollino massif visible inland and the lower foothills beginning to the east. The Crati river system crosses this part of northern Calabria before reaching the Ionian coast. Pollino National Park lies inland, with the first mountain roads and trailheads reached by driving up toward Castrovillari and the Pollino villages. The nearest town of size is Castrovillari, which has the main hospital, secondary schools, larger shops and the A2 motorway access for this part of the province. Sibari and the plain are known for citrus, olive groves and archaeology linked to the ancient Greek colony.

The comune of Terranova da Sibari
People living here
4,473
-7.5% between the 2011 and 2021 census
Over 65
26%
12% are under 14
Flood zone
2.3%
of residents live in a medium-risk flood area
How far to everything
To the sea
16 km
Nearest airport
89 min drive
Nearest city
45 min drive
Property address:Corso Umberto I
Get directions

Asking price

€55,000
Deal score
35/100
Wow
62/100

Listed 16/10/2026