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Lavora in A.P.I. Srl -Curriculum studio@apisrl.org

Grassano, Basilicata
Bedrooms
2
Baths
0
101
Price per m²
€287
Property type
Townhouse
Rooms
4 locali

Piena proprietà immobile cielo-terra ubicato nel Comune di Grassano /MT) , in Via XXIV Maggio n° 14. L’edificio è costituito da un locale a piano terra, utilizzato come ripostiglio. Tramite rampe di scale si accede al primo piano in cui si trova il soggiorno, la cucina, due camere da letto e un bagno. Dal primo piano,…

heating

What it really costs

Can you move in?

Livable, but something basic is worn out

In the listingHabitable
  • Sold at judicial auction
See what needs doing and what each job costs
Why this price is what it is

The description explicitly says this is a judicial auction ("vendita giudiziaria", "aste giudiziarie"), which is a veto red flag for this catalog. Although the ask is only €287/m² vs a €410/m² baseline, auction status overrides the apparent discount.

More on the house and the area
What the photos show

This is a very cheap, full townhouse rather than a ruin, and the description suggests a usable layout with kitchen, bathroom and attic rooms. But the photos show only a plain, worn street facade with little charm and no visible view, garden or standout character. It may be habitable, yet the wow factor for actually dreaming of living here is low.

Updating, not renovation
€20,000 – €29,000

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€7,000 – €11,000

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
€49,000 – €58,000
What worries us about this house
  • No interior photos, so actual finish quality and livability are unverified.
  • Facade shows wear and likely needs external maintenance.
  • Auction sale adds practical/legal complexity.
  • Street setting is dense and offers no proven view or outdoor space.

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 58/100

Grassano stands on the clay hills of inland Basilicata, in the Bradano valley country. The Bradano River runs nearby, and the wider landscape is a mix of cultivated hills, ravines and badlands typical of this part of the Matera hinterland. Matera is the nearest city of size, with full services and the Sassi districts. This area is known for wheat farming and for the calanchi landscapes found across the Materano interior.

The comune of Grassano
People living here
4,578
-11.3% between the 2011 and 2021 census
Over 65
26%
11% are under 14
Landslide zone
11%
of residents live in a high-risk landslide area
How far to everything
To the sea
56 km
Nearest airport
90 min drive
Property address:Via XXIV Maggio 14
Get directions

Asking price

28,969
Deal score
12/100
Dream
23/100
Wow
44/100

Listed 06/08/2026