One Euro house

Mussomeli castle

They bought a $1 house in Italy, then Covid-19 struck

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...

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...

Salemi – Capital of Italy for a day

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...

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...

Bicaccia 1 euro house program

Families and friendship groups invited to buy homes in idyllic Italian village for 1 euro

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...

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...

Beautiful Italian town gives away homes for 1 euro after population plummets

Independent. Helen Coffey. November 27, 2019. Another Italian town is hoping to tempt new residents with the offer of 1 euro homes. Bivona in the Southern Italian island of Sicily is the latest contender, and it is including the added incentive of significant tax breaks for those who not only buy and renovate the slashed-price houses, but also choose to live in them and be part of the community. The...

Bivona Sicily Italy

Get packing: Another Italian city is selling 1 euro houses

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...

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...

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