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.

Essentially these villages are giving away these homes for free as a bid to rejuvenate towns that over recent years have seen a fall in tourism, and a decline in population.

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.