Mussomeli

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...

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...

An Italian house for less than €1

The Telegraph. Tim Moore. October 24, 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...

Mussomeli Sicily

‘It may seem too good to be true but it really isn’t’

iNews. James Imam. September 17, 2021. A house in dreamy Sicily could still be yours for the price of an espresso and a croissant. But be warned: the prices have doubled. In 2019, you could pick up a dilapidated abode in Sambuca di Sicilia for as little as €1. In the second batch of 20 houses to be auctioned from November, the bidding starts at €2. Even so, buyers get a lot for their money. The...

Mussomeli Sicily

How to buy a €1 home in Sicily without ruining its culture

CNN. Julia Buckley. May 13, 2021 When Alexandra Stubbs heard a friend had bought one of Italy's infamous €1 houses, she felt a little rattled." I did the usual kind of thing -- what the hell's that all about, how is that going to work? I'm really skeptical," she says.But underneath the skepticism, there was something else, too." I absolutely loved Sicily from visits in my 20s and...

Woman who bought three of Italy’s $1.50 houses reveals cost to live in them

News.com.au. The Sun. Jacob Bentley-York. May 5, 2021 A US woman who bought three of Italy’s €1 houses has warned of the real price of renovating the bargain-priced properties. Solar consultant and business owner, Rubia Daniels, took up the fantastic offer in Mussomeli, Sicily – but quickly realised rather than just €1 ($A1.50) that it would total a massive €60,000 ($A93,000). The...

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