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Palazzina con garage e deposito

Montescaglioso, Basilicata
Bedrooms
3
Baths
2
151
Price per m²
€430
Property type
Townhouse
Rooms
5 locali

Nel centro storico di Montescaglioso, presso largo San Nicola, proponiamo in vendita una palazzina da ristrutturare con garage e deposito di complessivi 240 mq. La palazzina si sviluppa su due livelli e presenta solai a volte di diverse tipologie. Il piano terra, di circa 25 mq, è collegato al primo piano, di 60 mq +…

balconycellarfireplacegarageheating

What it really costs

Can you move in?

Not before the basics are done

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

At €65,000 for 151 sqm the ask is about €430/sqm, but with a needs-restoration estimate of ~€900/sqm the effective cost is about €1,330/sqm, far above the local baseline of €410/sqm. It does have historic-center appeal, but the listing is 519 days old and a large share of the stated 240 sqm appears to be garage/deposito rather than main living space, which weakens the deal.

More on the house and the area
What the photos show

This has genuine old-south character with high vaulted ceilings, thick walls and some appealing historic volumes. It is a real roofed house with usable rooms, kitchen and bathrooms, but it clearly needs renovation rather than just decoration, with visible moisture marks and tired finishes. At this price and size, it feels more like a character project with solid bones than an instant dream home.

Minimum to live in it350500/m²
€53,000 – €76,000

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
€91,000 – €136,000

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

Our read of the photos, €900/m², falls in this band.

Full1,2001,500/m²
€181,000 – €227,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€30,000 – €53,000

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.

Connections and paperworkabout €10,000

Bringing a house that has stood empty back into service: new water, sewer and electricity, plus the practices. The same sum on an 80 m² house and on a 300 m² one, which is why a €40,000 house is not a €40,000 project.

Show more

Water 1,800 · sewer 2,500 · electricity 700–1,600 · CILA 1,000 · cadastral filing 500 · structural design 700 · Legge 10 report 900 · safety coordination 1,800

No mains drain: add €2,000–4,500 for a septic tank. Listings never say, so ask.

Asking price + this range + connections
€166,000 – €211,000
What worries us about this house
  • Needs real renovation and updating throughout
  • Visible damp/staining on vaulted ceilings and walls
  • Exterior is very weathered and not especially pretty as-is
  • Layout includes separate ancillary spaces/deposit/garage that may need verification for easy residential use

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 68/100

The cluster sits on the inland edge of the Murgia plateau, where cultivated hills break toward the Bradano valley and the Ionian side of Basilicata. The Bradano river system is the main water feature in this area. The Parco della Murgia Materana lies nearby, with ravines and limestone plateau landscapes around Matera. Matera is the nearest city of size, with full services and the Sassi, a UNESCO World Heritage site. Montescaglioso itself is known for the Abbey of San Michele Arcangelo and for its position on the Matera-side Murgia uplands.

The comune of Montescaglioso
People living here
9,241
-8.5% between the 2011 and 2021 census
Over 65
23%
13% are under 14
Flood zone
0.6%
of residents live in a medium-risk flood area
Landslide zone
44%
of residents live in a high-risk landslide area
How far to everything
To the sea
24 km
Nearest airport
76 min drive
Property address:Largo San Nicola
Get directions

Asking price

65,000
Deal score
30/100
Dream
46/100
Wow
58/100

Listed 06/08/2026