CNN. Silvia Marchetti. September 10, 2021 Buying an abandoned home in a tiny, depopulated Italian village is something that many travelers will have mulled over, especially given the vast number of bargain house schemes launched in the European country over the past few years. After CNN Travel reported earlier this year that Latronico, situated in the deep south of Italy, had launched the...
Meredith Tabbone in front of her 1 euro house in Sambuca di Sicilia. In 2019, a friend forwarded a CNN article about a Sicilian town selling houses for just 1 euro to Meredith, an American of Sicilian descent living in Chicago. Sambuca di Sicilia, the town mentioned in the article, just happened to be the birthplace of her great-grandfather. To combat population decline, the town was auctioning 16...
TheMayor.eu. Tzvetozar vincent Iolov. May 25, 2021 Small Italian towns have definitely been devising an interesting strategy trying to reverse the demographic decline that is now an all-too-common phenomenon in the European countryside. We have all heard of the various 1-euro house offers to future residents, and now there is a different twist on that tactic from the towns of Santa Fiora...
CNN. Silvia Marchetti. May 9, 2021 Remote working has become a possibility for many during the pandemic, meaning the office can now be anywhere from a kitchen table to a sandy beach on the other side of the world. And while relocating to a picturesque Italian town might also factor on many people's lists, that prospect just got even better with two destinations offering to pay workers who make the...
CNN. Silvia Marchetti. May 20, 2020 When Italian towns began offering houses for sale for little more than $1, they inspired legions of dreamers to take a gamble on moving to a remote corner of Italy. Although spending a few thousand dollars extra on renovating the property was usually part of the deal, it was sweetened by the prospect of a new life in an idyllic spot in a beautiful country. And then...
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...
Independent. Helen Coffey. January 20, 2020. Another Italian village is offering homes for sale for just €1 but this time the scheme is encouraging family groups and friends to sign up as a collective. The idyllic village of Bisaccia in the Campania region is the latest destination in Italy to attempt to attract new residents with the offer of extremely cheap housing. Aimed at breathing new life...
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...
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...
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