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Villa unifamiliare in Craco

Craco, Basilicata
Bedrooms
2
Baths
2
180
Price per m²
€333
Property type
Villa

La casa è stata costruita nel 1985, ha delle fondamenta molto solide totalmente in cemento armato, su cui è stato dapprima costruito il seminterrato di 90 metri quadrati e poi il piano rialzato sempre di 90 metri, il tetto spiovente piramidale ha un volume che nel punto più alto raggiunge 2.20 Vi è la possibilità di…

mountains

What it really costs

Condition not stated in the listing
  • On the market for a long time
See what needs doing and what each job costs
Why this price is what it is

At €60,000 for 180 sqm, the ask is €333/sqm, but with a likely renovation budget of about €700/sqm the effective cost is roughly €1,033/sqm, far above the local baseline of €317/sqm. The description highlights solid structure but gives no clear evidence of a finished/habitable interior, and the listing has been on the market for 737 days, which is a strong negative signal.

More on the house and the area
What the photos show

The setting among olive trees and Lucanian countryside gives it some appeal, and the price for 180 sqm is striking. But from the photos it is a plain 1980s detached house rather than a visually romantic Italian home, with no proven views or historic character. It looks structurally like a real house rather than a ruin, yet it needs tidying and the unseen interior keeps the wow firmly in the modest range.

Minimum to live in it350500/m²
€63,000 – €90,000

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
€108,000 – €162,000

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
€216,000 – €270,000

Turnkey, facade and insulation included.

Materials only, work you may do yourself€36,000 – €63,000

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
€168,000 – €222,000
What worries us about this house
  • Exterior and grounds look neglected and need cleanup.
  • Photos do not show the interior, so livability/finish is unproven.
  • 1980s boxy architecture with limited character.
  • Rural setting may mean practical access/services checks are important.

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 71/100

The cluster lies in the inland hills above the Ionian side of Basilicata, in a landscape of clay badlands, eroded ridges and cultivated slopes typical of this part of the Matera province. Craco itself is known for the abandoned historic hill town set on a steep spur, a distinctive landmark within the local landscape. The Cavone valley is nearby, and the Ionian coast around Pisticci and Metaponto is close enough to matter for daily services but is outside the immediate 15 km landscape. The nearest larger centres are Pisticci and Ferrandina for ordinary services, while Matera is the main city of the province farther away. The area is known for cereals, olives and the calanchi terrain of the Basilicata hinterland.

The comune of Craco
People living here
587
-15.9% between the 2011 and 2021 census
Over 65
25%
10% are under 14
Landslide zone
4.2%
of residents live in a high-risk landslide area
How far to everything
To the sea
17 km
Nearest airport
103 min drive
Property address:Via Italia
Get directions

Asking price

60,000
Deal score
29/100
Wow
47/100

Listed 06/08/2026