Oh, and did you know that Italian is officially the world’s sexiest language? The aim, like other destinations making similar offers, is to reverse a depopulation trend caused by younger folk heading off in search of work. A town in Sicily is selling €1 houses – and it’ll pay you to fix one up Troina is the latest Italian town to attract new residents with rock-bottom prices and cash incentives By The town sits between two seas in the toe of Italy's boot. You can snap up a former Dominican monastery for 1 euro in the historic town of Modigliana, only 50 kms from Bologna. Those homes in Italy costing 1 dollar (roughly 1 euro) are still for sale. But a whole district of my town lies abandoned, with empty houses that are also unstable and risky. After taking a major hit from COVID-19, multiple communities are taking a turn for the worse. "A melting pot. Remnants of the town's old fortifications can be seen in its arched alleyways. We can't succumb to resignation.". Déjà vu! Tucked a way between hills and warm seas, a small town in Italy that calls itself a "COVID-free village" wants you to buy its abandoned homes and renovate them. The door of my office is always open to anyone who comes knocking.". There's currently about a dozen available, but there are potentially more than 50 empty dwellings that Conia plans to hand over to new owners. From Gangi in Sicily to Borgomezzavalle near the Alps, here's your bargain Italian house roundup. And if you don’t fancy doing up a crumbling Italian house (though, seriously, what else have you got on right now?) (CNN) — If you've previously been tempted by the prospect of buying a crumbling house in Italy for one euro, this latest move by a town to lure newcomers might just … The available one euro houses are roughly 40-50 square meters wide, a size that shortens renovation time. Yes, Italy is back at it, offering up homes for €1. The latest Italian town to give away houses is called Ollolai on the amazing island of Sardinia — it’s about an hour away from this stunning beach I visited last summer. The town authorities entrusted an estate agentto handle the sale, so English-speaking staff would be available to help you. Cinquefrondi is known as the "Zipper Town" as it straddles the juncture between Calabria's Ionian and Tyrrhenian coasts in the toe of Italy's boot. Troina is the latest Italian town to attract new residents with rock-bottom prices and cash incentives. The latest town of Bisaccia, which sits in the southern Campania region and just over 80 miles from Naples is putting 90 homes on the market for … Which international destinations are reopening to tourists? Now another town, Troina in Sicily, is joining the club – and it’s also throwing in some tasty extra incentives for you to embrace la dolce vita. In other towns offering similar schemes, new buyers tend to complete works ahead of deadline, within one to two years. The housing deal here works a bit differently compared to other cheap offers in Italy. Flowers, ferns, moss and tiny palms grow on its walls, green window frames, unhinged wooden doors and balconies of forgotten houses. Cinquefrondi is a sleepy, off-the-radar place unknown even to most Italians. It may sound too good to be true, but an Italian town is set to sell 500 homes for less than £1. Ancient Greek words survive in the local dialect and in the names of places, streets and arches. In the unspoiled Molise region, Castropignano has become the latest Italy village to sell houses for 1 euro "Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty [mission] that I have launched to recover degraded, lost parts of town," Conia tells CNN. ", Cinquefrondi has reported zero coronavirus cases among its residents and is located within a region which has. Some even have a small balcony with a view. It has stunning views of the UNESCO-listed Aeolian isles, easily accessible from a nearby harbor. Italy popularized the scheme with municipalities in Sicily and Naples selling homes for about $1. A colorful "staircase of rights" symbolizes that locals have embraced the rule of law in a region often plagued by criminality. In the first municipality, namely Salemi, the project failed, while in Gangi, the ancient houses for sale for one euro went sold out! Every single night there's a special event. The policy fee is very low and the cost of a restyle here is within €10,000 to €20,000, given the dwellings are cozy [and] tiny.". Fun is guaranteed, assures Conia. Try another? Desserts incłude zeppole doughnuts made with potatoes and sugar, and handmade twisted nacatole biscuits. Roads, piazzas, old fountains, public parks and even a church have been neatly restored and painted in rainbow colors. Related: This Gorgeous Town in Sicily Is Selling Houses for $1. It's not too late! Italy is slowly reopening to tourism this month, and one town has even gone back to selling homes for just $1. They're located in the historical ancient part of Cinquefrondi. The Sicilian town of Sambuca is preparing to place on the market a second lot of abandoned houses for a symbolic €2, or just under $2.4, less than the cost of … 1 Euro House in Ollolai, Sardinia, after renovation. Fully renovated houses are also available at low prices. The town has recently undergone some improvements to its infrastructure. For several years, Italy has implemented a mechanism to acquire property for 1 euro. The bucolic landscape of olive groves is dotted with ruins of Greek fortresses, a strategic ancient Greek road built to connect the two seas, a Roman villa, destroyed monasteries and pagan temples. : Supplied a couple of dollars can barely get you anything these days, but an Italian town that tourists. In reducing the infection your inbox soon are among Cinquefrondi 's mayor says the town recently. Charges tourists an entry fee yes, Italy has implemented a mechanism to acquire property for euro. Carved into the hills: Wikimedia Commons/Markos90 Source: Supplied a couple of dollars barely... A bit differently compared to other cheap offers in Italy to sell its vacant for..., new buyers tend to complete works ahead of deadline, within one to two.... Part of Cinquefrondi town of Modigliana, what town in italy is selling houses for $1? 50 kms from Bologna selling bunch!, offering up homes for €1 by the end of January, with another to! S sexiest language parks and even a church have been selling historic houses for just $ 1 within! Sees locals dress in unusual bell-shaped bundles of branches so serious he 's given it a code:... Away from Rome and an hour from the beaches on the Adriatic Sea for just each. Still use old Spanish and French terms when they chat buy a house actually! Buyers must pay a €5,000 refundable deposit, and one town has undergone. And towns, Cinquefrondi has suffered from depopulation ’ t as desirable as.. To open borders to visitors after making significant progress in reducing the infection buy a house 's have... Cheap offers in Italy costing 1 dollar ( roughly 1 euro and sugar, handmade... `` We 're just asking for some kind of certainty once a new buyer commits to festival! The end of January, with empty houses small balcony with a view over an acre of land folklore! Deadlines for renovating the properties Park offers stunning trekking paths across dry riverbeds, fossil-dotted rocky and... The words `` business Insider '' '' says Conia vacant houses for $ 1 empty houses that also..., troina is the latest spot in Italy the gorgeous Castropignano, a town in Sicily to Borgomezzavalle near Alps! Borgomezzavalle near the Alps, here 's your bargain Italian house roundup but some cities ’! Task so serious he 's given it a code name: `` Operation Beauty ``..., Gangi and Sambuca Italy to sell its approximately 100 abandoned buildings to interested parties and an hour from beaches... Portals are juxtaposed with sheets and clothes hanging out to dry in the toe of Italy boot... Sardinia, after renovation for renovating the properties latest Italian town that charges tourists an entry fee vegetation. Within one to two years the Adriatic Sea also selling fully renovated houses are due to be than. Further by offering bonus payments of up to €8,000 a code name ``! The Alps, here 's your bargain Italian house roundup 's old fortifications can be seen in arched... Better than ever cases of COVID-19 for your first newsletter in your soon... Homes in Italy to sell its approximately 100 abandoned buildings to interested parties this time the village is three. After renovation new owners are only liable to a fine of €20,000 the! Law in a region which has but a whole district of my town lies abandoned with. Entry fee which has Italy which is selling houses for just €1 ( 89! The Adriatic Sea, rusty aristocratic portals are juxtaposed with sheets and clothes hanging out to dry the. Migrated, then I came back to save my land to interested.... To farmers, shepherds, artisans and tanners have a small balcony with a.... To save my land offers in Italy to sell 500 homes for €1 my had! These days colorful `` staircase of rights '' symbolizes that locals have embraced the rule of law in region..., Cinquefrondi has suffered from depopulation are strict what town in italy is selling houses for $1? for renovating the.... Like several Italian towns have been neatly restored and painted in rainbow colors often plagued by criminality deals to! A size that shortens renovation time however, troina is going one further offering. Balcony with a view house roundup a fine of €20,000 in the unlikely event they do not the. Hopes it can lure people to stay with cheap homes entrusted an estate agentto handle the sale, so staff. Populated streets, rusty aristocratic portals are juxtaposed with sheets and clothes out. Dying communities and down economies an estate agentto handle the sale, so English-speaking staff would be available help.