Palazzo - Edificio in Altamura
Palazzo - Edificio in Altamura. Habitable, autonomo heating.
What it really costs
Can you move in?
Move in as it is
In the listingHabitableSee what needs doing and what each job costs
At €5,000 (€14/m²), even allowing about €73,800 for a habitable 369 m² building, the effective cost is roughly €214/m²—far below the local €513/m² reference. The price is exceptionally attractive, but the listing is unusually vague and reports no bedrooms or bathrooms, with only four photos, so the claimed habitability needs urgent verification.
More on the house and the area
A substantial historic-looking townhouse/palazzo in central Altamura, with attractive local stonework, arched entrances, and traditional shutters. The listing states it is habitable with autonomous heating, but the gallery shows only exteriors and gives no proof of the interior condition or usable bathrooms; the €5,000 price is exceptionally striking but needs careful verification.
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€24,000 – €41,000
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.
- No interior photos, bathrooms, or bedrooms are shown, so true livability is unverified.
- The listing claims it is habitable, but the extremely low price and 369 sqm size warrant checking ownership, legal status, utilities, and any renovation obligations.
- Dense urban setting with no garden, terrace, or notable view visible.
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 55/100The cluster is in the built-up area of Altamura, so the resident setting is urban rather than open countryside. The Murge plateau surrounds the town, with limestone upland, fields and karst terrain typical of the Alta Murgia. Alta Murgia National Park lies immediately around Altamura and includes steppe-like pasture, sinkholes and ravines. Gravina in Puglia is nearby and has a historic centre on the edge of a ravine. Altamura is known for its stone-built old centre and for Pane di Altamura PDO.