Palazzo - Edificio in Rivello

Rivello, Basilicata
Bedrooms
0
Baths
3
m²
285
Price per m²
€312
Property type
Palazzo
Rooms
5 locali

Palazzo - Edificio in Rivello. Needs renovation, autonomo heating, esposizione esterna, balcone.

balconyheating

What it really costs

Can you move in?

Not before the basics are done

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

At €89,000 (€312/m²), the 285 m² palazzo needs renovation estimated at about €700/m², bringing the effective cost to roughly €1,012/m² versus around €307/m² for comparable homes in the area. The sea is only 4 km away, but the listing has just one photo, no stated energy class or building year, and very little detail.

More on the house and the area
What the photos show

This is a very large palazzo with three levels or a substantial multi-floor layout, plus a balcony and autonomous heating. However, the only photo is a plan drawing, and the property is explicitly in need of renovation, so its beauty, character, and real move-in condition cannot be confirmed.

Minimum to live in it€350–500/m²
€100,000 – €143,000

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
€171,000 – €257,000

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

Our read of the photos, €700/m², falls in this band.

Full€1,200–1,500/m²
€342,000 – €428,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€56,000 – €100,000

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.

Connections and paperworkabout €10,000

Bringing a house that has stood empty back into service: new water, sewer and electricity, plus the practices. The same sum on an 80 m² house and on a 300 m² one, which is why a €40,000 house is not a €40,000 project.

Show more

Water 1,800 · sewer 2,500 · electricity 700–1,600 · CILA 1,000 · cadastral filing 500 · structural design 700 · Legge 10 report 900 · safety coordination 1,800

No mains drain: add €2,000–4,500 for a septic tank. Listings never say, so ask.

Asking price + this range + connections
€270,000 – €356,000
What worries us about this house
  • Needs renovation and current livability is not demonstrated.
  • Only an architectural floor-plan image is provided, with no proof of interiors, views, finishes, or structural condition.
  • At 285 sqm, renovation and ongoing maintenance could be substantial.

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 82/100

The cluster is on the Tyrrhenian side below the southern Apennines, with wooded ridges and valleys around Rivello and the Noce basin. The coast of the Gulf of Policastro is within the 15 km radius, with the shore at Maratea and the Tyrrhenian immediately below the inland slopes. Much of the area falls in the Appennino Lucano Val d'Agri Lagonegrese National Park. Maratea is the nearest town of size in daily use on this side, with a rail station, port and services. Maratea is known for its historic center on the mountain above the sea, its indented coast and the Christ the Redeemer statue on Monte San Biagio. The area is known for chestnut woods inland and for the coast around Maratea.

The comune of Rivello
People living here
2,460
-10.6% between the 2011 and 2021 census
Over 65
26%
11% are under 14
Landslide zone
5.7%
of residents live in a high-risk landslide area
How far to everything
To the sea
4 km
Property address:Via Roccazzo
Get directions

Asking price

€89,000
Deal score
28/100
Dream
8/100
Wow
45/100

Listed 10/11/2026