Daily Mail. Robert Hardman. 23 February 2022 The plan to revitalise dormant pockets of rural Italy by selling ancient housing for pennies raised eyebrows... but the results are astonishing. The lower ground floor looks like a bomb has gone off but the staircase seems firm. Going up floor by floor, I am told not to stray too close to the centre of each room for fear I might fall through. In the...
itv News. Rachel Younger. 31 January 2022 It starts with an online advert or two. It’s a more hopeful time when no one’s heard of a virus called Covid. Cheap flights are making weekend trips to the sun more and more popular. But getting on the UK property ladder is becoming harder than ever. So the ads promising an Italian house for one euro sound far too good to be true.That doesn’t stop hundreds...
Chicago Sun Times. Stefano Esposito. 2 January 2022 The Italian house you’ve always dreamed of buying won’t, in the end, cost just $1. Re-imagining the stones and timbers first assembled about the time Shakespeare put pen to paper can’t be rushed. It will likely take some deep thought. Some espresso. More thought. More espresso. Meredith Tabbone admits there are frustrations that come with buying...
For Rubia, everything has gone just as she hoped with the purchase of her 1 euro homes in Mussomeli.
Meredith Tabbone in front of her 1 euro house in Sambuca di Sicilia. In 2019, a friend forwarded a CNN article about a Sicilian town selling houses for just 1 euro to Meredith, an American of Sicilian descent living in Chicago. Sambuca di Sicilia, the town mentioned in the article, just happened to be the birthplace of her great-grandfather. To combat population decline, the town was auctioning 16...
CNN. Silvia Marchetti. July 16, 2021 Of the countless dwindling Italian towns that have opted to sell dilapidated homes for just one euro, Sambuca di Sicilia has undoubtedly been the most successful. Approximately 16 dwellings have been snapped up for €1 here since the scheme was first announced by CNN Travel in 2019, and Sambuca has been in the spotlight ever since. The global attention led to...
News.com.au. The Sun. Jacob Bentley-York. May 5, 2021 A US woman who bought three of Italy’s €1 houses has warned of the real price of renovating the bargain-priced properties. Solar consultant and business owner, Rubia Daniels, took up the fantastic offer in Mussomeli, Sicily – but quickly realised rather than just €1 ($A1.50) that it would total a massive €60,000 ($A93,000). The...
NZ Herald. March 15, 2021. Thomas Bywater Another picturesque plot of Italian countryside is up for sale for next to nothing. Laurenzana is the latest town to put houses on sale to developers for the nominal fee of €1. About $1.66. Just across from the charming castle town neighbouring Mussomeli and Zungoli launched similar schemes. There are countless schemes €1 villas to drive rural regeneration....
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...
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...