1 / 18

Casa indipendente 9 locali, 255 m² in Via Masaniello 5, Rion

Rionero in Vulture, Basilicata
Bedrooms
3
Baths
0
255
Price per m²
€204
Property type
Villa
Rooms
5 locali

Casa indipendente in asta a Rionero in Vulture (PZ) – Via Masaniello 5 (CAP 85028) L'immobile in asta è una casa indipendente con annesso locale deposito, ubicata a Rionero in Vulture (PZ) in Via Masaniello. Si trova sul perimetro ovest del Centro storico, in un contesto urbano consolidato con buona accessibilità ai…

balconyfireplaceheatinghigh ceilingsterrace

What it really costs

Can you move in?

Livable, but something basic is worn out

In the listingHabitable
  • Sold at judicial auction
See what needs doing and what each job costs
Why this price is what it is

Despite the low €204/m² asking figure for a 255 m² property, this home is being sold through a judicial auction with a €51,975 minimum bid. Auction purchases carry legal, procedural, and financing risks that outweigh the apparent 35% discount to comparable local listings.

More on the house and the area
What the photos show

This is a large, genuinely usable town house with three bedrooms, multiple living areas, independent heating, balconies and a rooftop terrace. Its main appeal is space and a substantial 44% auction discount rather than spectacular scenery or distinctive historic interiors; the exterior and terrace need refreshing, but the main home appears livable.

Updating, not renovation
€51,000 – €73,000

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€17,000 – €28,000

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
€103,000 – €125,000
What worries us about this house
  • Auction purchase with procedural and bidding risks.
  • The property is habitable, but the upper attic spaces have very low ceilings and are more suitable for storage than living.
  • The rooftop photovoltaic system is currently nonfunctional, and the 30 sqm storage room has non-compliant electrical installation.
  • The exterior walls and terrace look weathered and would benefit from cosmetic renovation.

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 74/100

Monte Vulture rises immediately above the area, an extinct volcano with chestnut woods and volcanic slopes. The Monticchio Lakes lie within this radius inside the Vulture area. The Vulture regional landscape area covers the mountain and lakes. The nearest town of size is Melfi, which has services and a Norman castle. Barile is part of the Aglianico del Vulture wine area, with vineyards and cellar settlements cut into the volcanic tuff.

The comune of Rionero in Vulture
People living here
12,382
-6.0% between the 2011 and 2021 census
Over 65
22%
12% are under 14
Landslide zone
28%
of residents live in a high-risk landslide area
How far to everything
To the sea
63 km
Nearest airport
75 min drive
Nearest city
42 min drive
Property address:Via Masaniello
Get directions

Asking price

51,970
Deal score
10/100
Dream
38/100
Wow
62/100

Listed 10/08/2026