Italy

Australian tradie buys a home in Italy with stunning views of Sicily’s mountains for just $1.62 – and you can do it too

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...

Bicaccia 1 euro house program

The Italian town of Bisaccia is the latest to offer homes for $1, and this time there’s no minimum you have to spend on renovations

Alison Fox, Travel + Leisure Jan 22, 2020 Another picturesque Italian town is selling homes for 1 euro, or about $1.11, to attract buyers willing to dive deep into renovations. The latest town of Bisaccia, which sits in the southern Campania region and just over 80 miles from Naples, is putting 90 homes on the market for $1 that are definitely in need of some TLC in an effort to get people to move...

Another Italian Town Wants You to Buy a Cheap Home and Renovate It

House Beautiful. KELLY ALLEN January 21,2020 It’s a desirable concept: dropping everything to move to a different country to live a simple yet fulfilling life–one that involves activities like reading in a quaint café and buying freshly baked bread. If this scenario has ever crossed your mind, now might be the time to make it a reality. Bisaccia is the latest Italian town to put dozens of homes...

Italian city of Taranto selling homes for 1 euro

Italian city to sell homes for 1 euro

The Independent. Helen Coffey. @LenniCoffey. 30 January 2020 A city has become the first in Italy to join a scheme offering homes for just 1 euro. Taranto, a coastal city in the south that sits on the western edge of Italy's heel, has joined the ranks of villages that have already signed up to the initiative in a bid to boost dwindling rural populations. However, unlike the other participants, Taranto is...

Taranto Italy

Taranto in Italy’s deep south becomes first city to offer homes for €1 after success of hill town initiative

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...

There’s another Italian town selling homes to new residents for $1, and it’s ‘vibrant, packed with history, and very welcoming’

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...

Mussomeli Sicily

We bought a $1 house in Italy. Here’s what happened next

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...

Sambuca di Sicilia

Houses for 1 euro in Italy: How to buy a house in Italy for 1 euro

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...

The €1 homes of Sicily

BBC. Andrea Savorani Neri. September 25, 2019. For many, it's a dream to live in Italy. One Sicilian municipality is helping foreigners move there for the low, low price of a single euro. In early 2019, officials in a small, rural Sicilian town called Sambuca announced a plan to revive their shrinking community: sell old, abandoned homes for a single euro. Read...

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