€1 homes offer causes property stampede in Sicilian village – The Local

Were you tempted by the recent news that a small town in Sicily is selling off houses for just a euro? If so, you weren’t the only one.Officials in the small hilltop town of Sambuca, Sicily, said they couldn’t believe the response after they put a few dozen properties up for sale for less than the price of a coffee.The town announced last week that it is selling off old pro...
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Abandoned €1 homes for renovation in Italy are attracting the attention of Chinese, Hongkong investors

Derelict homes in need of a makeover are being sold for just € 1 (US$1.10) under a scheme seeking to revitalise depopulated villages in rural areas of the countrySorgente: Abandoned €1 homes for renovation in Italy are attracting the attention of Chinese, Hongkong investors
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