Mussomeli

Meet the UK buyers who bought €1 houses in Italy

Evening & Standard. 14 March 2023. Emma Magnus Italy's €1 home scheme is the stuff of dreams. The kind that start on a dull winter’s day in London, say, sparking a vision of a new life in the Italian sunshine, living in a house that costs less than an espresso. Introduced in 2008, the scheme was intended to combat depopulation in rural towns, revitalising them with new...

Their job is saving lives. But can these Argentinian doctors revive a whole Italian village?

CNN Travel. Silvia Marchetti. 29 July 2022 When dozens of towns across Italy started selling crumbling buildings for the cost of an espresso, people from all over the world were prompted to grab a slice of the action -- and for many different reasons. It's not always about chasing the idyllic dream of living La Dolce Vita in a rural, sleepy village where time stands still. For some, it's part of a...

Americans Who Can’t Afford Homes Are Moving To Europe Instead

Financial Advisor. Alice Kantor. 20 July 2022 More Americans are relocating to Europe, driven across the Atlantic by the rising cost of living, inflated house prices, a surging dollar and political rancor at home. Italy, Portugal, Spain, Greece and France are among the most popular destinations. Sotheby’s International Realty said requests from Americans looking to move to Greece rose 40% in the...

Mussomeli Sicily

On Assignment: An Italian home for just one euro

ITV News. Rachel Younger. 15 June 2022 Depopulation is an issue that has blighted many rural communities across Europe, with extreme action being taken by some local authorities to combat it. One of which is the 1 Euro House Scheme, which was set up in Italy in 2017. It offers buyers around the world a chance to secure a traditional home in a small Italian town for the price of a pizza slice. With the...

What became of the brave Britons who bought wrecks in Italian villages for just 1 euro?

Daily Mail. Robert Hardman. 23 February 2022 The plan to revitalise dormant pockets of rural Italy by selling ancient housing for pennies raised eyebrows... but the results are astonishing. The lower ground floor looks like a bomb has gone off but the staircase seems firm. Going up floor by floor, I am told not to stray too close to the centre of each room for fear I might fall through. In the...

The homes nestled in beautiful scenery going for just one euro – what’s the catch?

itv News. Rachel Younger. 31 January 2022 It starts with an online advert or two. It’s a more hopeful time when no one’s heard of a virus called Covid. Cheap flights are making weekend trips to the sun more and more popular. But getting on the UK property ladder is becoming harder than ever. So the ads promising an Italian house for one euro sound far too good to be true.That doesn’t stop hundreds...

How Italy’s one-euro homes are helping to revive rural villages

EU Observer. Silvia Marchetti. 31 December 2021. In recent years, dozens of depopulating rural towns across Italy - from the Alps to Sicily - have started selling crumbly old properties for just one euro, less than the cost of an espresso. The goal is to breathe new life into their dying communities and revamp the local economy. As villagers flee in search of a brighter future elsewhere there is...

How Italy’s one-euro homes are helping to revive rural villages

EU Observer. Silvia Marchetti. 31 December 2021 In recent years, dozens of depopulating rural towns across Italy - from the Alps to Sicily - have started selling crumbly old properties for just one euro, less than the cost of an espresso. The goal is to breathe new life into their dying communities and revamp the local economy. As villagers flee in search of a brighter future elsewhere there is...

Mussomeli Sicily

Inside €1 houses: a property deal too good to be true?

Weekend Australian. Tim Moore. December 3, 2021 It seemed like a pretty good deal,” says Rafael Solorzano, leaning against an ancient whitewashed wall. A half smile settles across his young, bearded face, a look of understated satisfaction that might most convincingly relate to a discount secured on the acoustic guitar propped up by his bedside table. But the 28-year-old from Miami is referring to the...

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