Real Estate

I bought a four-story house in Italy for the price of a Mars Bar

The Sun.  Hope Brotherton.  28 September 2023 A couple who snapped up a cheap home in Italy, quickly purchased a €1 property too. Jeffrey Pfefferle and his partner Leon McNaught paid just over €32,000 (£27,651) for two homes in Mussomeli, Sicily. The town launched the one euro homes to encourage foreign tourists and to stop the depopulation of the area. Jeffrey was tempted by the...

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...

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...

Espresso, deep thoughts, more espresso: Renovating a 17th century home the Italian way

Chicago Sun Times. Stefano Esposito. 2 January 2022 The Italian house you’ve always dreamed of buying won’t, in the end, cost just $1. Re-imagining the stones and timbers first assembled about the time Shakespeare put pen to paper can’t be rushed. It will likely take some deep thought. Some espresso. More thought. More espresso. Meredith Tabbone admits there are frustrations that come with buying...

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