Italian town is struggling to sell off its empty homes for one euro
cnn.com
cnn.com
It’s about “abandoned buildings in old Italian towns” being “split between multiple heirs who own just a section – like a bathroom, balcony, kitchen - and nothing” being able to be “sold without written consent from all heirs.” It’s a call for land reform. Not statement of blight.
(I don’t know how other encumbrances, e.g. contractor’s liens, are handled.)
There are people buying these houses (not in droves), and a few communities achieved repopulation. The 1€ offers are an expression of a larger sentiment of the local gov having genuine interest in you moving there, and a promise that they won't drown you in needless bureaucracy or otherwise push you out. And, if you interested in such a renovation project, it's a genuinely great offer ofc.
Agreed on your points on quality of living though, that is indeed the crux.
Do a low effort bare minimum renovation for 50k and share it with some friends or family.
There has to be some really bad catch. Like no road or a 10 000 euro a year sewage fee or whatever. Maybe there is a litteral gatekeeper in the village that wont let you in through the gate if he does not like you.
There should be enough Romans (are people in Rome called that?) to fill up cheap mountain houses.
That's a rough commute with a lot of narrow one lane roads in the mountains, almost no medical infrastructure, and the nearest school is in another city (edit: this is wrong - there is an outpost for the local comprehensive school in Patricia)
A lot of people seem to forget that Italy was for all intents and purposes a developing country until the late 1990s-early 2000s (unless you count Turkey, China, Malaysia, Serbia, Russia, and Thailand today as developed countries), and a lot of small towns and villages in Central and Southern Italy are still underinvested
Based on Google Street View, it looks like the kind of small town you'd see depopulated in interior Guangdong or Central Anatolia.
If Italy in the 1990s was a developed country, then a lot of countries treated as "developing" today are actually developed, hence why I gave the examples of Turkey, China, Malaysia, Serbia, Russia, and Thailand - countries that are "developing" yet have sustained developmental metrics comparable to Italy in the 1990-2005 time period.
Yup.
Source: am Roman (not Ancient, working on that, slowly)
Seems far too crammed to be a relaxing place. How is this any better than urban Rome?
There is nothing wrong with that per say but you're basically buying a pile of rocks shaped into a house in a small rural village
It's currently back on the market at $4,900 but I know that the city sending someone out to mow the grass is a $200 or $300 bill (can't remember the exact amount) so I imagine there's multiple $10k on top of the purchase price to even get a title.
Hell, I'd buy it just for the garage but...
You'd buy it just for the garage but don't want to put in the time to sort out logistics of a purchase?
So, yeah, I imagine it's more trouble than it's worth.
It will also probably be restrictions on the look, you can't just throw up any old repairs.
Here is a non-profit for the Municipality of Mussomeli with some of the rules and houses on offer -
https://www.case1euro.it/how-it-works/
The real catch is why do you want to live/work in a small town in Italy? Or why do you think you'll make a profit?
These towns didn't pop into existence with 1 euro homes. Would you have moved to these small villages for a extra $10,000 a year wages? They are dying, there no reason to think you'll make your taxes back on property increasing.
Equally the most arbitrary things in life can be amazing, 1 euro homes might be a good catalyst.
[*] taxes and fees may apply.