Sambuca

Was Italy’s $1 Home Scheme Worth It?

Insider News.  March 1, 2024 The $1 property scheme attracted people from all over the world to buy old homes in dying Italian towns. But did it work — and how much did they really spend? We spoke to Tam and Gary Holm and Danny McCubbin to find out. Watch the video...

These Americans bought abandoned homes in Italy for as little as $1 and spent thousands renovating: Was it worth it?

CNBC Make It.  Jennifer Liu and Mickey Todiwala.  February 22, 2024 Picture this: A house with extensive mold, water damage, termites and a collapsed roof in a tiny town where you don’t speak the language. Not exactly a prime real estate opportunity, right? For Rubia Daniels, though, the dilapidated building in Sicily also served as an exciting chance to build the home of her dreams — and it...

US couple transforms abandoned Italian house into dream home with an elevator

CNN Travel. Silvia Marchetti. 3 August 2022 Buyers from all around the world have been snapping up dilapidated Italian homes at rock bottom prices over the past few years as numerous depopulated towns and villages attempt to revive their dwindling communities by offering property bargains. While the prospect of substantial structural upgrades, along with the red tape often involved in purchasing a home...

I Stayed in a 1 Euro Villa in Sicily — Here’s What It Was Like

Travel+Leisure. Stacey Leasca. 31 July 2022 It's very possible you've never heard of Sambuca, Italy. It's not a place made famous by Instagram, nor a place filled with any particular industry that would lure in the crowds. It's a spot that's barely a speck on the map, located some 42 miles southwest of Palermo on the island of Sicily, with fewer than 6,000 permanent residents. But it's a spot worth...

One euro home sell-off has created a ‘Little America’ in Italy

CNN. Silvia Marchetti. 4 May 2022 There’s a place on the Italian island of Sicily where you’re increasingly likely to hear an American accent wafting down its narrow streets instead of the local language. Sambuca di Sicilia, which gained a reputation as one of the first places in the country to sell off old houses for next to nothing, is becoming something of an Italian “Little America” after...

What it’s really like to buy one of Italy’s super-cheap homes

The Independent. Joey Tyson. 14 April 2022 Italy’s super cheap houses have become the stuff of legend in recent years. The €1 home initiative “Case 1 Euro” launched in 2017, dreamt up by the authorities to reverse the effects of depopulation in rural regions and repair derelict buildings. As abandoned houses and flats were sold off in tiny rural towns all over the country, the idea of nabbing a...

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