Remember last year when the country of Italy literally gave 100 castles away for free? Unfortunately, there’s been a sharp price increase, but the good news is you can now buy one of about 200 homes in the Italian town of Ollolai for about a dollar, TIME reports.
To be fair, the homes actually cost 1 Euro, which is currently the equivalent of $1.25. Oh, also, if you do buy a house for $1.25, you have to commit to refurbishing it within three years … which will likely cost about $25,000.
Per CNN, the Italian initiative is meant to bring people back to the beautiful, historic town on the Sardinian island.
But — you guessed it — there’s a catch.
Case a 1 Euro ebook
Qui puoi comprare l'ebook completo di Case a 1 Euro per l'Italia
For more information, you can review our articles:
- How it works and benefits
- The complete map and list of all 1 Euro Houses Projects available in Italy
- Our ebook on the topic of 1 Euro Houses
Source: Not a Joke: Here’s How to Buy a $1 House in Italy Right the F*ck Now
Go to the list of municipalities participating in the 1 Euro Houses Project
Reviews
Territori Spezzati (Broken territories) – book review
1€ houses in Italian villages. Sambuca di Sicilia – book review
