Small towns in Italy are having trouble holding on to residents, as many are apparently leaving the countryside to live in more urban areas.

The town of Mussomeli, in southern Sicily, is selling abandoned properties for just $1.60 (or about one Euro). While this might seem like a deal that’s too good to be true, there is a catch — anyone who buys one of these low-cost homes must agree to renovate it within a year. If not, the buyer loses their security deposit (about $8,000). There are also administrative fees to consider, which can cost between $4,000 to $6,450.

Sorgente: Another Italian village is selling homes for less than $2