Villa 9 locali, 299 m² in Via Magna Grecia 44, Siderno (RC)
Villa in asta a Siderno (RC) – Via Magna Grecia 44 L'immobile in asta è un villino unifamiliare situato nel comune di Siderno, in provincia di Reggio Calabria, precisamente in via Magna Grecia n. 44 (Contrada Ammendolara snc). Si tratta di una residenza indipendente che si sviluppa su due piani fuori terra, inserita…
What it really costs
- Sold at judicial auction
See what needs doing and what each job costs
This is a judicial auction ("in asta"), which is an automatic veto for this catalog despite the low ask. The listing also lacks key habitability details (0 baths stated, no real condition/finish data), so the effective cost is highly uncertain even though the ask is about €264/m2 versus a €275/m2 baseline.
More on the house and the area
This looks like a large, usable house rather than a ruin: there are finished floors, a kitchen, bathroom and stairs, so it appears basically habitable. But the imagery shows little real beauty or character, with dark dated rooms and no proven sea view despite being near the coast. The low €/m² creates some bargain appeal, yet as a dream home it feels practical more than wow.
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.
All the services redone, bathrooms, kitchen, windows. The structure is left alone.
Our read of the photos, €700/m², falls in this band.
Turnkey, facade and insulation included.
Materials only, work you may do yourself€59,000 – €105,000
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.
- Photos are very poor and may be partly indicative, so beauty is hard to verify
- Interiors look cluttered, dated and likely need significant cosmetic updating
- Outdoor space shown is a bare walled yard, not an attractive garden
- Auction purchase adds legal/procedural complexity
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 68/100The area sits on the Ionian coast of the Locride, with long beaches on the Gulf of Squillace and the lower slopes of the Aspromonte massif rising inland. The Torbido valley opens just inland of Siderno, and the Ionian coast road and railway run along the shore. Parco Nazionale dell’Aspromonte begins farther inland beyond the first belt of coastal and foothill settlements, so it is relevant for access but not inside the immediate landscape. The nearest larger centre is Locri, adjoining Siderno, with everyday services and the archaeological area of Locri Epizefiri nearby. Gerace stands on the hill a few kilometres inland, with its cathedral and historic centre, and it is a member of I Borghi più belli d’Italia. This stretch of coast is known for citrus groves, olive cultivation and the Greek-Calabrian historic area of the Locride.