1 / 26

Edificio

Santeramo in Colle, Puglia
Bedrooms
0
Baths
0
m²
153
Price per m²
€654
Property type
Palazzo

In zona centro storico, quasi a ridosso della villa comunale, proponiamo in vendita compendio immobiliare di circa 150 mq formato da: - locale a piano terra ad uso commerciale di circa 32 mq attualmente adibito a cucina; - locale piano terra di circa 23 mq ad uso deposito con cantina sottostante; - abitazione in primo piano di...

cellarparkingterrace

What it really costs

Can you move in?

Livable, but something basic is worn out

Condition not stated in the listing

Must be done first

  • Heating
See what needs doing and what each job costs
Why this price is what it is

€100,000 for 153 m² in Santeramo in Colle vs local median €466/m²; estimated renovation €200/m² (≈€30,600) yields an effective price ≈€130,600 or ≈€854/m² — about 83% above the median. Listing has many photos and central location but does not state the overall condition, so price looks high for the market.

More on the house and the area
What the photos show

Big, vaulted rooms and original terrazzo floors give this centro‑storico palazzo real character, plus a usable roof terrace. The apartment is a clearly liveable shell but shows damp, an outdated bathroom and unfinished basement spaces — attractive as a renovator's home rather than turnkey.

Updating, not renovation
€31,000 – €44,000

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€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.

Asking price + this range
€131,000 – €144,000
What worries us about this house
  • Damp stains and peeling plaster on vaulted ceilings — remedial work needed.
  • Bathroom and utilities are outdated and will need full renovation.
  • Lower-level/deposit areas are unfinished (raw brick/concrete) and need completion; structural/roof checks advised.

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 61/100

The cluster lies on the Murge plateau, with open limestone countryside, cereal fields, pasture and patches of oak woodland in this part of inland Bari province. Alta Murgia National Park lies within reach of the area, and the landscape around Santeramo is part of the wider karst high plain of the Murge with sinkholes, rocky ground and dry-stone field boundaries. Matera is the nearest town of major size in daily use, with full services and the Sassi historic quarters. The area is known for Murgia grazing land, durum wheat country and meat production, especially the local cattle-breeding tradition.

The comune of Santeramo in Colle
People living here
25,648
-3.4% between the 2011 and 2021 census
Over 65
22%
13% are under 14
Landslide zone
0.9%
of residents live in a high-risk landslide area
How far to everything
To the sea
38 km
Nearest airport
46 min drive
Nearest city
30 min drive
Property address:Santeramo in Colle
Get directions

Asking price

€100,000
Deal score
36/100
Wow
72/100

Listed 01/10/2026