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Edificio in Via Cappella 3

Faeto, Puglia
Bedrooms
0
Baths
0
130
Price per m²
€423
Property type
Palazzo

Abitazione indipendente terra‑cielo – Via Cappella, 3 FAETO (FG) In zona semi‑centrale, a pochi passi dal Comune, dalla Caserma dei Carabinieri e dall’ASL, proponiamo in vendita una soluzione indipendente terra‑cielo, in buone condizioni generali e caratterizzata da ottima luminosità. Superficie e composizione Vani:…

parkingterrace

What it really costs

Condition not stated in the listing
See what needs doing and what each job costs
Why this price is what it is

At €55,000 (€423/m²), the home appears habitable, but estimated effective cost is about €623/m² after €26,000 of light renovation—above the Puglia baseline of €482/m². The listing has inconsistencies and missing facts: 130 m² versus approximately 110 m² described, zero rooms in the facts versus 5.5 rooms in the text, and no stated condition data.

More on the house and the area
What the photos show

A solid, bright and clearly livable town house in a charming cobbled village setting, with attractive marble staircases, balconies and a green hillside backdrop. The décor and bathrooms are old-fashioned rather than dreamlike, but at €55,000 for roughly 110–130 sqm it offers compelling value and needs mainly cosmetic updating.

Updating, not renovation
€26,000 – €37,000

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€9,000 – €14,000

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
€81,000 – €92,000
What worries us about this house
  • Interiors are fully usable but dated, especially the kitchen and bathrooms.
  • The home appears to lack a private garden; outdoor space is limited to balconies/terraces.
  • Access is via steep, uneven cobbled lanes, and the multi-level layout has extensive stairs.

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 69/100

The cluster is in the Daunian Mountains, with wooded ridges and upland farmland around Faeto. The area is close to the upper valleys that drain toward the Celone and Cervaro systems. The nearest substantial town is Lucera, which has a large historic centre and a fortress. This part of the Monti Dauni is known for hill villages, forests, and the small Franco-Provençal linguistic enclave of Faeto and nearby Celle di San Vito.

The comune of Faeto
People living here
609
-5.9% between the 2011 and 2021 census
Over 65
20%
11% are under 14
Landslide zone
97%
of residents live in a high-risk landslide area
How far to everything
To the sea
66 km
Property address:Via Cappella 3
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Asking price

55,000
Deal score
48/100
Dream
57/100
Wow
61/100

Listed 30/08/2026