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How bad is the living condition? What if you want to take a trip to Italy and just want to buy a place to crash for a week? Bring a sleeping bag?

I recall these buildings being unlivable with no amenities or facilities. At least that was my impression when this made the rounds last time.

Add to that the $2k closing costs and it’s not a viable solution for a week’s worth of camping.

Does it have walls at least?

I think one of the conditions for the "1€ economic treatment" is that you actually will live there where you bought, for years.