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Villa unifamiliare in Ferrandina

Ferrandina, Basilicata
Bedrooms
1
Baths
0
21
Price per m²
€4,078
Property type
Villa
Rooms
2 locali

OTTIMA OCCASIONE - ASTA IMMOBILIARE Piena proprietà di un’abitazione in villino sita in Ferrandina alla C.da Serra s.c., piazza Santa Maria, identificata nell’N.C.E.U. del comune di Ferrandina (MT) al fg. 30, part.lla 551, sub 3, cat. A/7, cl. 2, cons. 7,5 vani, p. 1 – 2, Confina con: P.lla 552- P.lla 476- P.lla…

balconycellargarageheatingterrace

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

This is explicitly an auction property, which is a mandatory trap regardless of the apparent €4,078/m² asking figure. The facts also conflict with the description: 21 m² and 2 rooms versus 7.5 cadastral rooms over two floors.

More on the house and the area
What the photos show

A substantial, roofed villa with balconies, terrace space, a fenced outdoor area, and a generally attractive Mediterranean exterior. The interiors appear structurally usable but unfinished rather than move-in ready, especially the kitchen and bathroom, so this is a completion project more than an instantly livable dream home.

Updating, not renovation
€4,000 – €6,000

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€1,000 – €2,000

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
€90,000 – €92,000
What worries us about this house
  • Interior photos show an incomplete kitchen and a bathroom that may lack finished fixtures.
  • The property is being sold at auction, so legal review, occupancy status, and actual measurements need verification.
  • The exterior is pleasant and solid-looking but offers no proven panoramic view or distinctive historic character.

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
36 km
Property address:Piazza Santa Maria
Get directions

Asking price

85,642.19
Deal score
5/100
Wow
58/100

Listed 27/08/2026