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Località Santa Caterina, Maratea

Maratea, Basilicata
Bedrooms
3
Baths
0
m²
54
Price per m²
€43
Property type
Apartment

Tribunale: Napoli Nord RGE: 12/2024 PVP: 4648045 Diritto di godimento esclusivo turnario (multiproprietà) dell’appartamento distinto con il numero 6101, tipo trilocale, nella settimana 39 di ogni anno solare ( ovvero per il 2026 dal 26 settembre al 03 ottobre) corrispondenti a complessivi 28/1000 dell’unità…

garageheatingpanoramic view

What it really costs

Can you move in?

Move in as it is

In the listingHabitable
  • Sold at judicial auction
  • Only a share of the property is for sale
See what needs doing and what each job costs
Why this price is what it is

The €2,304 price buys only a one-week-per-year timeshare right representing 28/1000 of a 54 m² apartment, not the dwelling itself. It is also being sold through a judicial auction, so it does not meet the criteria for a livable home or normal renovation project.

More on the house and the area
What the photos show

The staged images look polished and the description mentions a panoramic terrace near Maratea, but the photos are explicitly not of the actual apartment. More importantly, this is only a one-week annual use right, so it is not a realistic home to own and live in.

Updating, not renovation
€11,000 – €15,000

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€4,000 – €6,000

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
€13,000 – €17,000
What worries us about this house
  • This is a timeshare right for only one week per year, not ownership of the apartment or a full-time home.
  • The advertised price is therefore not comparable to a normal property purchase.
  • The listing explicitly says the photos are indicative and not actual photos of the property.
  • No bathroom is shown in the structured facts despite the description mentioning one; verify all documents and auction terms.

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 88/100

The cluster is in the Maratea area on the Tyrrhenian coast, with the southern Lucanian Apennines rising directly behind the shore. It sits on the Gulf of Policastro, where a rocky coast with coves and short beaches is broken by headlands such as Capo la Secca and the slopes above Acquafredda, Cersuta and Castrocucco. The coast here is included in the Costa di Maratea, the only Tyrrhenian stretch of Basilicata, and the inland relief quickly becomes wooded mountain terrain. The Sirino massif is inland to the northeast, and the nearest ski area is Monte Sirino, roughly an hour's drive depending on the exact starting point. Maratea itself is the local service town and has a historic hill town, a port, rail access on the coastal line, and the Christ the Redeemer statue on Monte San Biagio above the sea. The area is known for its indented coast and for being Basilicata’s Tyrrhenian seaside centre.

The comune of Maratea
People living here
4,601
-6.5% between the 2011 and 2021 census
Over 65
28%
10% are under 14
Flood zone
1.2%
of residents live in a medium-risk flood area
Landslide zone
11%
of residents live in a high-risk landslide area
How far to everything
To the sea
1 km
Nearest airport
114 min drive
Nearest city
120 min drive
Property address:Località Santa Caterina
Get directions

Asking price

€2,304
Deal score
5/100
Dream
3/100
Wow
12/100

Listed 20/10/2026