Via degli Olmi, Faeto
Tribunale: Foggia RGE: 191/2025 PVP: 4629710 Piena proprietà di appartamento in Faeto, all’interno del Villaggio Turistico San Leonardo alla via degli Olmi, individuato come interno 10 dell’edificio 8. L’immobile si sviluppa su due piani, con superficie lorda di 50 mq. ciascuno e altezza di solaio di 2,75 mt.. Il…
What it really costs
Can you move in?
Livable, but something basic is worn out
In the listingHabitable- Sold at judicial auction
Must be done first
- Damp
- Heating
See what needs doing and what each job costs
This is a judicial auction listing (Tribunale: Foggia) so purchase is via auction; listed price €26,578. Condition is described as habitable with some damp and minor works, estimated renovation €200/m² → total ≈ €47,578 (~€453/m²). Auction status makes this a restricted purchase route.
More on the house and the area
A bright, recently reconfigured two‑storey apartment with attractive wood floors, fireplace and usable systems — clearly habitable. It needs ordinary maintenance (damp patches, a few unconnected radiators) but the private 50 m² garden and very low auction price make it a realistic, charming buy for someone willing to manage the auction process.
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€7,000 – €12,000
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.
- Property sold at auction — requires navigating the legal/administrative purchase process
- Diffuse humidity stains on walls/ceiling reported
- Some radiators not connected and a few maintenance issues (stair steps, general upkeep)
- Energy class G (high running costs likely)
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 68/100The cluster is in the Monti Dauni, the sub-Apennine hills on the western side of the province. The area is upland countryside of wooded ridges, fields and small valleys rather than the flat Tavoliere plain. The nearest larger centre is Foggia, which provides the main rail links, hospital and wider services. This part of the Monti Dauni is known for small hill villages and for Faeto's Francoprovençal linguistic enclave.