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

Ferrandina, Basilicata
Bedrooms
4
Baths
0
175
Price per m²
€519
Property type
Townhouse
Rooms
5 locali

Abitazione in villino, disposta sui piani seminterrato, terra, composta da 9 vani catastali, area esterna esclusiva. Box auto al piano seminterrato. AstaGiudiziaria - A. P. I. Srl Riferimento: 40.2017.L6.141026 MATERA BASILICATA La presente iniziativa riguarda una vendita giudiziaria immobiliare assistita da A. P.…

heating

What it really costs

Can you move in?

Livable, but something basic is worn out

In the listingHabitable
  • Sold at judicial auction
  • On the market for a long time
See what needs doing and what each job costs
Why this price is what it is

This is explicitly a judicial auction ('vendita giudiziaria', 'aste giudiziarie'), which is a veto red flag for this catalog. Even ignoring that, a habitable estimate puts effective cost around 719 €/m2 (519 + 200), well above the 410 €/m2 baseline, and it has been listed for 460 days.

More on the house and the area
What the photos show

This is a sizeable, usable-looking townhouse with terraces, garage access and private external space, so it reads as a real home rather than a ruin. But the photos show only a fairly plain modern exterior, with no proven views or interior charm, and the condition is hard to verify from the gallery. At the low €/m2 price it has value appeal, but not much dream-home wow.

Updating, not renovation
€35,000 – €50,000

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€12,000 – €20,000

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
€126,000 – €141,000
What worries us about this house
  • No interior photos, so real finish level and livability are unproven.
  • Auction sale adds practical and legal complexity.
  • Facade shows patchy/unfinished-looking exterior areas.
  • Bathrooms are not documented in the listing facts/photos.

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 57/100

The area sits in the Basento valley and the surrounding landscape is mostly cultivated hills and clay badlands typical of this part of Basilicata. The Basento river runs nearby. Ferrandina is the nearest town of size and has a substantial historic centre on a hill; Matera is the nearest major city with full services and major cultural sites. This part of Basilicata is known for olive growing, cereals and inland hill landscapes.

The comune of Ferrandina
People living here
7,908
-9.9% between the 2011 and 2021 census
Over 65
26%
11% are under 14
Landslide zone
1.9%
of residents live in a high-risk landslide area
How far to everything
To the sea
37 km
Nearest airport
84 min drive
Property address:Piazza Santa Maria,
Get directions

Asking price

90,880
Deal score
12/100
Wow
48/100

Listed 06/08/2026