If you are the mayor of an 800-year-old rustic city with only 1,000 people, how can you keep the city from fading away as young people move to major cities? How about selling all the vacant properties for one euro?
44 cities in Italy are currently included in the € 1.00 housing project, which has the triple purpose of saving old abandoned properties from expropriation, repopulating historic cities with dwindling populations and allowing young people a super easy entry to the real-estate market. for the purpose of investing or starting a family.
These towns are the kind of places that Americans could never believe could be abandoned, and that delight us with their antiquity.
the € 1.00 Housing project allows mayors of small towns to put their vacant properties up for sale for just one euro. Housing agreements are typically for three years and are formalized with a € 5,000 deposit from the buyer to ensure the property is restored.
A detailed plan of restoration should be agreed upon, whether for the purpose of a restaurant, a B&B, or a normal home, and at least semi-permanent residence is recommended, he advises. CNN, who took a look at Maenza in Lazio.
Here are some other cities looking for fresh oxygen.
Pinone – La Spezia – Liguria
the beautiful town of Pignone, or “feather”, is located in the province of La Spezia in southeastern Liguria, near the Cinque Terre National Park, made famous by Rick Steves.
“Antigua is the history of Pignone dating back to some finds in the Bronze Age,” writes the announcement on the website of € 1.00 House Project. “The town does not have walls but the compactness of the houses, leaning against each other, forms a defensive barrier along the canal that crosses it. To enter the town you have to cross a characteristic Romanesque bridge in the shape of a “donkey’s back” built around 1500 ”.
As part of the Vara Valley, Pignone is the sight of the cultivation of corn, legumes and potatoes, the first of which is very important since it is directed to the production of polenta, a staple food of the region. Every year at the end of the summer, a farmers’ festival takes place in the city attended by hundreds of people to showcase local products.
Sambuca – Agrigento – Sicily
A mountainous city about 900 feet above sea level, Sambuca It is inhabited by about 6,000 people and has the honor of being included in the club of the most beautiful villages in Italy.
Founded by the Arabs around 1000 AD, the city center still preserves many of the architectural motifs of Islamic travelers. It was one of the first towns to offer old houses for € 1.00, and is famous for its pecorino cheese, focaccia, and is part of the National Association of Wine Cities.
There is regular theater, hikes in the nearby mountain, and a short drive to the beach. Literally, what is not loving?
Oyace – Aosta – Aosta Valley
Located in one of the lesser known regions of Italy, Oyace is a small mountain village offering prospective home buyers a totally different kind of Italy.
“Mayor Stefania Clos is eager to repopulate her mountain town, where 200 people currently reside,” the website’s listing reads. “Since Roman times, the town of Oyace has its main economic resource in raising cattle and [is] an excellent producer from Fontina ”.
A home and stove in Oyace give the strong-legged owner access to the highest massifs in Europe, for hiking, stargazing, camping, skiing and more.
Romana – Sassasri – Sardinia
Surrounded by karst rock landscapes and evidence of prehistoric civilizations, Romana is not your average island town. On the other hand, a house in Romana, with its streets and walled walls, will make one feel part of a very old way of life.
Numerous nearby churches are carved out of cliff faces or set in caves, while the agropastoral life that dominated this elevated volcanic plain means that amazing local meat and cheese are available cheaply.
“For those who love nature and immersion in ancient history, Sardinia and the municipality of Romana are the right place to plan the 1 Euro House project of your dreams,” the website writes. “We must not forget that it is only 45 minutes by car from the most beautiful sea in Sardinia.”
BUILD the idea of new opportunities in the fountains of friends …