Daily Mail Australia, Tita Smith. March 8, 2020 A tradesman has revealed how he sidestepped soaring Australian house prices to snap up a home in Italy for just $1.62. South Australian Mark Kopun became an electrician straight out of school and worked hard to buy his first home in Adelaide so he could live out the Australian dream. Read more online...
The Arab-medieval village of Salemi is located in the Belice Valley, Sicily. Located between the hills cultivated with vineyards and olive groves, it is surrounded by the castle from whose curved terrace of the circular tower it is possible to see a vast panorama of western Sicily to the sea. Located on the site of the ancient elite town of Halyciae, it was the scene of the ongoing wars between Selinunte...
The Telegraph. Nick Squires. January 27, 2020. The trail was blazed by hill-towns and villages across the country but now, for the first time, an Italian city is offering its abandoned palazzi for the nominal sum of €1 (85p). Taranto, in the deep south of Italy, hopes to breathe new life into its picturesque but dilapidated old town, which sits on an island squeezed between a lagoon and the open...
Travel+Leisure. Cailey Rizzo. November 27, 2019 Add it to the list: another Italian village is selling historic houses for $1 to those looking for a fixer-upper. The town of Bivona in Sicily is the latest location to try to lure residents with the promise of cheap land. The town is also loosening restrictions and offering tax bonuses in an attempt to make its town stand out from the pack. Read...
Yahoo Finance AU. November 27, 2019. Italy is famous for its history, espressos, and now, its 1 euro homes. The latest Italian city to join the list of those offering homes for $1.60 is Bivona, a small town in the heart of the southern island of Sicily. And, its stunning. The village is famous for its music and food, and is located an hours drive from the city of Agrigento, and the beaches of Sciacca. So...
CNN. Silvia Marchetti. November 13, 2019 It seemed like a deal too good to be true. A new house - and potentially a whole new life -- for sale in sunkissed rural Italy for the princely sum of just one euro, or little over a dollar. Over the past year or so, numerous small towns from Sicily in the south to the northern Alps have been offering such bargains in the hope of attracting new residents to...
Mondaq. Arnone & Sicomo. November 13, 2019. The project ''Houses for 1 euro in Italy'' was born due to the population flight from the small Italian villages, especially young people, with the consequence that their image is a set of a few abandoned houses. The abandonment of the delightful Italian villages that are uncomfortable for the modern world but characterize our country generates the...
CNBC. Taylor Locke. November 8, 2019. It could cost between $133,000 and $2.8 million to purchase a home in Sicily, Italy, according to Realtor.com. But now, in Cammarata, an ancient town located in central Sicily, homes are being offered for free. However, there is a catch. In order for new residents to land a free home, they must present a clear renovation proposal for the property and renovate it...
Independent. Helen Coffey. November 4, 2019. Another Italian town has resorted to giving away historic buildings for free in order to attract new residents and revive its fortunes. Cammarata in Sicily is the latest destination to lure inhabitants with the promise of complimentary housing after more than 100 buildings in the historic centre have been left abandoned. Vincenzo Giambrone, the mayor of...
CNBC. Jimmy Im. June 4, 2019. Buying a home in Sicily, Italy, the largest island in the Mediterranean, could cost between $290,000 to $2.7 million, according to Realtor.com. But now you can buy a home in the town of Mussomeli in southern Sicily for 1 euro, or about $1.12. Of course, there’s a catch: The homes are currently abandoned, so buyers have to agree to renovate the homes, which...