Want to buy a house for 1 euro? It appears to be possible in some Italian villages:
- Sardinia (Sardega): Montresta, Nulvi, Ollolai (one of the world’s longevity “Blue Zones”).
- Sicily (Sicilia): Bivona, Cammarata, Enna, Gangi, Mussomeli la Caltanissetta Patti, Regalbuto, Salemi, Sambuca, San Pierro, Trapani, Troina.
- Other areas: Alessandria, Aquila, Avellino, Bisaccia, Borgomezzavalle, Candela, Cantiano, Caprarica di Lecce, Carrega Ligure, Castropignano, Cinquefrondi, Fabbriche di Vergemoli, Frosinone, Grosseto, Lecce nei Mari, Luca, Marsi, Locana, Molise, Montieri, Patrica, Santo Stefano di Sessanio, Taranto, Versemoli, Zungoli
Usually, you will be obliged to restore the house within 1 to 3 years. In some areas (e.g. Borgomezzavalle, Locana) you receive financial support when you start a business (up to € 25,000 in Molise), or when you get a child.
Not all websites about this are trustworthy, and not all offers recent. So do your own internet research and be careful.
Two publications about real experiences of buyers:
Down to earth publications about the costs:
– The real costs of buying a house in Italy as a foreigner