Town near Rome sells old houses for $ 1, a trend across Italy in many beautiful villages
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If you are the mayor of a rustic 800 year old town with only 1,000 inhabitants, how can you prevent the town from disappearing as young people move to the big cities? What if you sold all the empty properties for one euro?
44 cities in Italy are currently listed as part of the ⬠1.00 house project, which has the triple objective of saving old abandoned real estate from condemnation, repopulating historic towns with declining populations and enabling young people a very easy entry into the real estate market. for investment purposes or to start a family.
These cities are the kind of places that we Americans could never believe could be abandoned, and that delight us with their antiquity.
The ⬠1.00 house project allows mayors of small towns to put their empty properties up for sale for just one euro. Housing contracts are generally for three years and concluded with a deposit of ⬠5,000 from the buyer to ensure the restoration of the property.
A detailed plan for catering, whether for the purpose of a restaurant, B&B, or normal home, must be agreed upon, and at least semi-permanent residence is encouraged, reports CNN, which cast a glance at Maenza in Lazio. .
Here are a few other cities looking for fresh oxygen.
Pignone – La Spezia – Liguria
The beautiful town of Pignone, or “feather”, is located in the province of La Spezia, in the south-eastern Liguria, near the Cinque Terre National Park, made famous by Rick Steves.
âPignone’s history is old and dates back to some Bronze Age discoveries,â writes the listing on the ⬠1.00 house project website. âThe village is without walls but the compactness of the houses, leaned against each other, forms a defensive barrier along the canal which crosses it. To enter the village, you have to cross a characteristic Romanesque bridge in the shape of a âdonkey’s backâ built around 1500. â
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Part of the Vara Valley, Pignone is the scene of crops of corn, legumes and potatoes, the former of which is very important as it goes towards the production of polenta, a regional staple. Every year at the end of summer, a peasant festival is organized in town, bringing together hundreds of people to showcase local products.
Sambuca – Agrigento – Sicily
Hilly town about 300 meters above sea level, Sambuca is inhabited by about 6,000 people and has the honor of being part of the club of the most beautiful villages in Italy.
Founded by the Arabs around 1000 AD, the city center still bears many architectural motifs of Islamic travelers. It was one of the first towns to offer old houses for ⬠1.00, and is famous for sheep’s cheese, focaccia and is part of the National Association of Wine Towns.
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There is regular theater, hikes on the nearby mountain, and a short drive to the beach. Literally, what’s not to love?
Oyace – Aosta – Aosta Valley
Located in one of Italy’s lesser-known regions, Oyace is a tiny mountain hamlet that offers potential buyers a whole different Italy.
“Mayor Stefania Clos is eager to repopulate her mountain village, where 200 people currently reside,” read the website. âSince Roman times, the town of Oyace has had its main economic resource in the breeding of cattle and [is] an excellent producer of Fontina.
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A fireplace and a stove in Oyace allow the owner with strong legs to access the highest massifs in Europe, for hiking, stargazing, camping, skiing, etc.
Romana – Sassasri – Sardinia
Surrounded by rocky karst landscapes and testimonies of prehistoric civilizations, Romana is no ordinary island town. Instead, a house in Romana, with its streets and frescoed walls, will make you feel like you are part of a very old way of life.
Many nearby churches are carved into cliff walls or established in caves, while the agro-pastoral life that dominated this elevated volcanic plain means that amazing local meat and cheese are available at low prices.
âFor those who love nature and immersion in ancient history, Sardinia and the municipality of Romana are the right place to plan your dream 1 Euro house project,â the website writes. âDon’t forget that you are only 45 minutes by car from the most beautiful sea in Sardinia.
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