A quaint town in the south of Italy is selling abandoned properties for a single euro (roughly R16), with only one catch, buyers must commit to renovating their home within three years. Many of the abandoned properties up for sale Mussomeli, Sicily are old and decaying but are large and situated amongst breathtaking scenery.
The town itself is full of charm – it’s relatively close to Naples and the Amalfi coast, it has ancient churches, Byzantine caves, and a medieval castle as well as culinary delicacies like hanging caciocavallo cheese and bread baked in wood-burning ovens.
The second town selling homes for just one euro is Zungoli, which is a tiny rural village in the Campania region, also near Naples and the Amalfi Coast.
The local government is currently selling 100 abandoned properties online to both locals and foreigners, a few of which have already been purchased, with another 400 expected to be added soon.
Take a look at the properties and the steps in which to take should you be interested in purchasing one.
- Step 1: Go to Zungoli’s official website, http://www.comunezungoli.it, and click the “Case in Vendita a €1” link.
- Step 2: Search through dozens of small, 50-to-100-square-meter (about 525-to-1,000-square-feet) houses, all of which are in some serious need of renovation.
- Step 3: Download the application for the property in Italy that you just can’t live without, committing to renovating it within three years, while explaining the type of project you want to build. This can be a private house, a B&B or a shop.
- Step 4: Formally apply by attaching a copy of your ID and sending to the mayor’s office in Zungoli by email or mail.
- Step 5: If approved, you’ll receive a contract to sign and, boom, you can fly over to Italy and start renovating your new digs.