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Palazzo storico (Palazzo Smaldone) Corso Umberto I Cicerale

Cicerale, Campania
Bedrooms
0
Baths
0
700
Price per m²
€71
Property type
Palazzo

Nell'antico centro storico di Cicerale sorge un antico palazzo denominato Palazzo Smaldone che domina sulla vallata godendo di una meravigliosa vista che spazia fino alla diga Alento. La superficie totale dell'immobile è di 700 metri quadrati commerciali. L'edificio si sviluppa su quattro livelli partendo dai depositi…

panoramic viewsea view

What it really costs

Condition not stated in the listing
  • On the market for a long time
See what needs doing and what each job costs
Why this price is what it is

The €50k ask appears to be only for single apartments in a 700 sqm palazzo, while the ad mixes this with the full-building size and €185k whole-building price, so the €71/sqm figure is not reliable. Ongoing renovation with only partial roof works and structural conservation suggests about €700/m2 further costs; with 299 days on market and unclear unit details, this is a weak and risky listing despite the historic-center panoramic setting.

More on the house and the area
What the photos show

This has real dream value: a dramatic stone palazzo in the old borgo with huge character and a superb valley/lake view. But the photos show a property still largely at shell or al-grezzo stage, with raw interiors and unfinished spaces rather than a home ready to live in. Beautiful and atmospheric, yet mainly a serious restoration project.

Minimum to live in it350500/m²
€245,000 – €350,000

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
€420,000 – €630,000

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

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

Full1,2001,500/m²
€840,000 – €1,050,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€139,000 – €246,000

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
€470,000 – €680,000
What worries us about this house
  • Mid-renovation shell: no finished kitchen, bathroom or habitable rooms shown.
  • Only part of the roof/structure appears redone; other sections look rough or derelict.
  • Likely a complex restoration project with planning/structural costs for a historic palazzo.
  • Steep borgo setting may mean difficult access and limited outdoor usability.

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 71/100

The cluster is in the Cilento hills, with the lower slopes of Monte Stella and other ridges of the Cilento and Vallo di Diano area within this radius. The Alento river valley is the main local landform. Much of the surrounding territory falls within the Cilento, Vallo di Diano e Alburni National Park. Agropoli is the nearest larger town for daily services and rail connections, and Vallo della Lucania is another local service centre inland. The area is known for olive groves and for the inland hill country behind the Cilento coast.

The comune of Cicerale
People living here
1,164
-5.2% between the 2011 and 2021 census
Over 65
29%
9.3% are under 14
Landslide zone
3.3%
of residents live in a high-risk landslide area
How far to everything
To the sea
11 km
Nearest airport
90 min drive
Nearest city
99 min drive
Property address:Via Umberto I
Get directions

Asking price

50,000
Deal score
22/100
Wow
52/100

Listed 23/07/2026