Terratetto unifamiliare in Placanica

Placanica, Calabria
Bedrooms
1
Baths
1
45
Price per m²
€111
Property type
Townhouse
Rooms
2 locali

Casa indipendente nel centro storico di Placanica (R C) Piano terra, 1 piano, 2 piano completamente da ristrutturare. Adatta ad incentivi pannelli solari su tetto

terrace

What it really costs

Can you move in?

Not before the basics are done

In the listingNeeds renovation
  • On the market for a long time
See what needs doing and what each job costs
Why this price is what it is

At €5,000 for 45 sqm (€111/sqm), the ask is extremely low, but the text says the house is completely to renovate, so I estimate about €1,100/sqm works; effective cost is roughly €1,211/sqm versus a low-stock baseline of €423/sqm. Historic-center position and a terrace help, but only 1 photo, sparse details, and 401 days on market weaken confidence.

More on the house and the area
What the photos show

The old hill-town setting has some atmosphere, and the €5k price creates curiosity. But this is explicitly a full renovation project, and with only one distant exterior photo there is no evidence of a usable, characterful interior. It feels more like a cheap shell in a historic village than a ready-to-love home.

Comfortable600900/m²
€27,000 – €41,000

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

This house
Full
€54,000 – €68,000

Turnkey, facade and insulation included.

Our read of the photos, €1,100/m², falls in this band.

Materials only, work you may do yourself€18,000 – €27,000

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
€69,000 – €83,000
What worries us about this house
  • Completely to be renovated
  • Only one exterior photo, so interior quality is unknown
  • Historic-center access/parking may be difficult
  • No proven view despite being 7 km from the sea

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 61/100

The cluster is in the inland hills above the Ionian coast, with the valley system of the Stilaro and Allaro rivers shaping this part of eastern Reggio Calabria. The southern Calabrian Apennines rise inland, and the western side of the 15 km area reaches toward the lower slopes of the Serre. The nearest coast is the Ionian shore around Caulonia Marina and Riace Marina. Stilo, the nearest historic town of note, has the Cattolica di Stilo and a substantial old hill town fabric. This area is known for olive groves, hill villages and the Greek-Calabrian cultural zone of the Locride inland.

The comune of Placanica
People living here
986
-16.6% between the 2011 and 2021 census
Over 65
33%
9.6% are under 14
Flood zone
2.7%
of residents live in a medium-risk flood area
Landslide zone
9.4%
of residents live in a high-risk landslide area
How far to everything
To the sea
7 km
Nearest airport
103 min drive
Property address:Via Giacomo Leopardi
Get directions

Asking price

5,000
Deal score
67/100
Wow
35/100

Listed 23/07/2026