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Villa in Contrada Formica

Ostuni, Puglia
Bedrooms
4
Baths
2
m²
140
Plot m²
5,000
Price per m²
€493
Property type
Villa
Rooms
5 locali

€. 69.000 FinImmobil by immobiliare Occhineri vende. villetta in completamento"Contrada Formica" strada S. S San Vito Dei Normanni-Brindisi, distante da Mesagne Km. 8, dal mare (Specchiolla) Km. 12, da San Vito Dei Normanni Km. 9, copertura mq. 140 con terreno recintato mq. 5.000, con fogna, pozzo artesiano, ed Enel, info. Cell. 328/4698636.

gardenterracewell

What it really costs

Can you move in?

Not before the basics are done

Condition not stated in the listing

Must be done first

  • Wiring
  • Plumbing
  • Bathroom
  • Kitchen
See what needs doing and what each job costs
Why this price is what it is

At €493/m², the €69,000 asking price matches the local €500/m² benchmark before renovation, but the villa is explicitly still being completed. Allowing roughly €900/m² to finish 140 m² brings the effective cost to about €1,386/m²; the fenced 5,000 m² plot, well and utilities add value, but the listing does not state the legal or construction status in enough detail.

More on the house and the area
What the photos show

The arched veranda, broad paved terraces and 5,000 m² of fenced rural land give this Puglian villa real visual appeal. However, it is a construction project rather than a usable home today, with unfinished interiors, exposed services and incomplete exterior work.

Minimum to live in it€350–500/m²
€49,000 – €70,000

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.

This house
Comfortable
€84,000 – €126,000

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

Our read of the photos, €900/m², falls in this band.

Full€1,200–1,500/m²
€168,000 – €210,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€28,000 – €49,000

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
€153,000 – €195,000
What worries us about this house
  • Sold unfinished and not move-in ready; interiors are clearly still under construction.
  • Kitchen and finished bathrooms are not shown, with exposed wiring, unfinished floors and incomplete walls.
  • The large grounds and terrace need landscaping and further finishing; utilities and legal completion should be verified.,

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 84/100

The cluster sits in the Valle d’Itria, a karst plateau of low limestone ridges, dry-stone walls, olive groves and dispersed trulli and lamie farm buildings. The Adriatic coast is nearby around Torre Canne and Savelletri, with low sandy stretches and small harbours. The area is known for trulli, olive oil and a dense rural fabric of small stone buildings and walled fields. Ostuni is the nearest larger town in the area, with a substantial historic hill centre and services; Martina Franca, Locorotondo and Alberobello are also close in daily terms. Alberobello’s trulli district is UNESCO-listed, and Cisternino is part of I Borghi più belli d’Italia.

The comune of Ostuni
People living here
29,943
-4.9% between the 2011 and 2021 census
Over 65
27%
11% are under 14
How far to everything
To the sea
11 km
Property address:Contrada Formica
Get directions

Asking price

€69,000
Deal score
34/100
Dream
38/100
Wow
50/100

Listed 05/11/2026