Buying house in Italy for 1 euro: Joke or reality
Buying house in Italy for 1 euro: Joke or reality? (Getty Images)
There are so many foreigners living in Italy. And the question arises: is it possible to buy property there, especially for just 1 euro?
Instagram blogger Olha Reznikova shared her experiences of living in various countries on her blog.
Buying a house in Italy for 1 euro: Is it a joke or a reality?
Surprisingly, it's not a myth. Certain Italian municipalities have dedicated websites. Start by visiting the Sicilian municipality's site, which has a separate section for houses priced at 1 euro, complete with a list of properties and exterior photos. Alternatively, explore the Case one euro website.
Is it possible to buy a house in Italy for 1 euro (photo: Getty images)
If interested, detailed information about the house, location, or plot can be downloaded, revealing all the specifics of purchasing such a property.
There are indeed many such houses, as this initiative is part of a scheme to revitalize depopulated and neglected Sicilian territories.
Is it possible to buy a house in Italy for 1 euro (photo: Getty images)
These houses often require significant renovations, and buyers must commit to completing them within a specified timeframe – a potentially costly endeavor.
The 1 euro house schemes come with certain conditions, often involving a deposit or several thousand euros to guarantee the commitment to renovate the property you wish to acquire.
