Località Santa Caterina, Maratea
Tribunale: Napoli Nord RGE: 12/2024 PVP: 4648076 Diritto di godimento esclusivo turnario (multiproprietà) dell’appartamento distinto con il numero 5120, tipo bilocale, nella settimana 21 di ogni anno solare (ovvero per il 2026 rispettivamente dal 23 al 30 maggio) corrispondenti a complessivi 28/1000 dell’unità…
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
This is an auction listing for a timeshare-style right covering only 28/1000 ownership and one week per year, not a normal home purchase. The €2,112 price reflects restricted use rather than a 43 m² dwelling you can occupy freely.
More on the house and the area
The advertised Maratea setting sounds attractive, with a panoramic promontory location near the sea, but the gallery is explicitly non-representative and does not prove the apartment’s real appearance. More importantly, this is a one-week annual timeshare right rather than a usable Italian home, so it offers almost no dream-home appeal despite the headline price.
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€3,000 – €5,000
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.
- This is not a full property purchase: it is a timeshare right for one week per year, representing 28/1000 ownership/use rights.
- The listing explicitly says the images are illustrative and not photos of the actual apartment.
- The very low price therefore does not represent a cheap home you can live in year-round.
- Actual condition, view, utilities, and shared-facility costs require verification through the auction documents.
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 88/100The 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.