Well, believe it or not, a number of Italian villages have begun selling homes for just €1. That’s around 1.18 US dollars or 90 pence in UK pounds.
Local government in these Italian towns and villages feel that by creating this opportunity, open to both Italians and foreigners, it will create a bright new future, bringing in revenue and structural renovation.
With land become more expensive, the build or renovate a house and then legally own it mortgage-free is certainly something that is enticing many. Maybe this will be the shot in the arm that will bring new life to these beautiful villages.