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Palazzo - Edificio in Grassano

Grassano, Basilicata
Bedrooms
0
Baths
0
100
Price per m²
€800
Property type
Palazzo

Appartamento in costruzione, da completare (100 mq) in palazzo ovvero edificio, zona semicentrale con annesso garage (42 mq) nel comune di Grassano, provincia di Matera.

garage

What it really costs

Can you move in?

Move in as it is

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

The listing is marked 'Renovated' but the description clearly says 'in costruzione, da completare', so I treat it as needing renovation/completion at about €700/m². That puts the effective cost near €1,500/m² (€80,000 + ~€70,000 works over 100 m²), far above the low local baseline of €320/m²; it has also sat on the market for 257 days.

More on the house and the area
What the photos show

This looks like a functional modern building rather than a romantic Italian dream home. The listing explicitly says the apartment is under construction/to be completed, so it does not read as a ready, characterful home yet. Good price per sqm and a garage help, but the wow factor is very limited.

Minimum to live in it350500/m²
€35,000 – €50,000

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
€60,000 – €90,000

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
€120,000 – €150,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€20,000 – €35,000

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
€140,000 – €170,000
What worries us about this house
  • Interior is not shown and the listing says the apartment is still to be completed
  • No bathroom or kitchen is evidenced
  • Exterior is very plain with no view, garden, or terrace appeal proven
  • Livability is uncertain despite the newer structure and garage

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
89 min drive
Property address:Via 20 Settembre
Get directions

Asking price

80,000
Deal score
27/100
Wow
32/100

Listed 06/08/2026