Palazzo - Edificio in Grassano
Vendesi stabile luminossissimo e centrale costituito da 3 appartamenti indipendenti e ammobiliati disposti su due livelli con piccolo box. Su primo piano 2 appartamenti composti da cucina (un camino), bagno, soggiorno, camera da letto e balconi. Su secondo piano due camere, cameretta, bagno, balconcino e terrazzino.…
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
At €75,000 for 200 sqm, the ask is €375/sqm; with light works estimated at ~€150/sqm because the text says 'buono stato, parzialmente ristrutturato' rather than fully renovated, the effective cost is about €525/sqm. That sits above the local baseline of €320/sqm, and the listing has been on market for 2849 days, so despite the central location and 3 independent units it looks only a fair deal.
More on the house and the area
This is a real, usable multi-level house rather than a shell, with finished floors, bathrooms and bright rooms already in place. The best surprise is the open hillside/mountain view from the upper balconies and terrace, plus a lot of space for the price. Visually though it feels practical and dated rather than dreamy, so the wow comes more from value and livability than beauty.
Decoration, tired fittings, a bathroom or a kitchen. The house is liveable as it stands.
Our read of the photos is €150/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€10,000 – €17,000
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.
- Plain street-facing exterior with limited charm
- Interiors look basic/dated rather than characterful
- Condition seems habitable but only partially refreshed
- No garden or standout outdoor space beyond balconies/terrace
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 58/100Grassano 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.