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Thread: Italian houses for sale 1 £

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    Default Italian houses for sale 1 £


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    Yeah houses that are about to fall.

    Italians don't give attention to the norms of building construction.

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    In fact, after the purchase you need to restore those houses and that is not cheap...

    It's a method to requilify the territory and renovate historic buildings.

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    A village of Sardinia, Ollolai, in the heart of the island, invented this initiative many years ago. Old houses for 1€, but for contract you must restore them, and you must live in the village. Some people from the Netherlands bought few houses and they live there. The village became also quite famous in the Netherlands, because one house for 1€ was the award in a Dutch reality show.





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    Starting in early 2019, 20 towns across Italy began selling homes for €1, or about $1.10. Local governments hope the plan will attract fresh faces and new businesses to towns that have been suffering from rapid depopulation and a growing number of abandoned homes for decades. But the true cost of these homes turn out to be much higher than $1.



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