Italian Town Less Than Three Hours From Rome Is the Latest to Sell Homes for €1

italian town less than three hours from rome is the latest to sell homes for e1

Many of us dream of having that stunning vacation home where we can spend summers and holidays. That dream can become a reality if you have just $1.21 lying around. Yes, Italy is back at it, offering up homes for €1. And this time the village is only three hours away from Rome and an hour from the beaches on the Adriatic Sea.

Related: This Gorgeous Town in Sicily Is Selling Houses for $1

Castropignano is the latest spot in Italy to sell its approximately 100 abandoned buildings to interested parties. But unlike other towns like Salemi in Sicily and Santo Stefano di Sessanio who just auctioned off the properties, mayor Nicola Scapillati wants to ensure people are appropriately matched with a building. This, he hopes, will avoid an outsider invasion.

Dea/M. Borchi/Getty Images

In fact, the mayor is so passionate, he’s asking anyone interested to email him directly with a detailed plan about how they plan to redesign the building and what it will be used for. And buyers aren’t just regulated to homes, there’s also a roofless medieval castle and a church in need of repair.

Map: Yauhen Novikau/Getty Images

If that still sounds easy enough for you, it’s important to know the fine print of what you’re signing up for. The conditions stipulate that buyers have to renovate the property within three years and provide a €2,000 ($2,378) down payment, which will be returned once the work is complete. Of course, you have to pay for the renovation costs, which are estimated to start around $35,000.

Dea/M. Borchi/Getty Images

Want to know more on click here go to tour news source.

From -
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language

Travel Categories

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.