It is estimated that you could renovate these homes for a relatively low cost ranging €5,000 – €20,000. However, it is important to consider how much time and work this will cost you.
Will you have to travel back and forth to oversee construction? Will you have to pay for accommodation while you are reconstructing your home? In the end, it is obviously a lot more than €1 that you are giving up.
This CNN Travel article followed a couple who actually bought a 1 euro home and completed renovations.
If you have some money saved up, and owning a home in Italy has been a dream of yours – then go for it! Putting your home up on Airbnb while it’s not being used is a great way to earn back some of the money that you’ve put into it.
After a 2 year absence, the town that was devastated by an earthquake is welcoming the festival which celebrates a pasta sauce to which it lent its name!
