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Genzano di Lucania (pz) - viale xxiv maggio -abitazione

Genzano di Lucania, Basilicata
Bedrooms
0
Baths
0
m²
152
Price per m²
€203
Property type
Apartment

GENZANO DI LUCANIA (PZ) - VIALE XXIV MAGGIO -ABITAZIONE

What it really costs

Can you move in?

Move in as it is

Condition not stated in the listing
See what needs doing and what each job costs
Why this price is what it is

The asking price is €203/m², about 42% below the local €349/m² benchmark. However, the listing provides only two photos and does not state the condition, rooms, bathrooms, or renovation needs, so the apparent discount is offset by substantial uncertainty.

More on the house and the area
What the photos show

This is a substantial-looking apartment with a private-looking ground-floor terrace/courtyard area, but the exterior is plain and there is no notable view, historic character or landscape. The building appears intact, yet the absence of interior photos and basic room/bathroom details makes livability impossible to confirm. At roughly €30,900 for 152 m² it may be a bargain, but it is not visually compelling as presented.

This house
Minimum to live in it
€53,000 – €76,000

Certified wiring, water and drainage, a heat source, a roof that keeps the water out, one working bathroom. Facade, insulation, a second bathroom and the floors wait.

Our read of the photos, €500/m², falls in this band.

Comfortable€600–900/m²
€91,000 – €137,000

All the services redone, bathrooms, kitchen, windows. The structure is left alone.

Materials only, work you may do yourself€17,000 – €30,000

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
€84,000 – €107,000
What worries us about this house
  • Only two exterior photos; interior condition, layout, kitchen and bathrooms are unverified.
  • Shared access/courtyard and a fairly plain urban setting offer little privacy or visual appeal.
  • Utilities, legal status and renovation needs are not stated.

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 51/100

This is the inland Basilicata hill country between the Bradano basin and the first rises toward the Lucanian Apennines, with cultivated rolling terrain, wheat fields and scattered woods around the village. The Bradano valley lies in this part of the province. The nearest larger centre in daily use is Potenza, with the provincial services and rail connections; Matera is also an important city for the wider area. Banzi is known historically for the archaeological site of ancient Bantia and for the Roman tablet known as the Tabula Bantina.

The comune of Genzano di Lucania
People living here
5,122
-10.3% between the 2011 and 2021 census
Over 65
28%
11% are under 14
Landslide zone
1.1%
of residents live in a high-risk landslide area
How far to everything
To the sea
57 km
Property address:Viale 24 Maggio
Get directions

Asking price

€30,914
Deal score
50/100
Wow
35/100

Listed 29/10/2026