Property Abroad
Blog
I bought a house in Italy for 86 pounds, but I had to give it up before moving.

I bought a house in Italy for 86 pounds, but I had to give it up before moving.

I bought a house in Italy for 86 pounds, but I had to give it up before moving.
bought housefor repair inItalyfor a mere 86p, was forced to sellreal estateas he was unable to find workers to restore it. Danny McCubbin, 60, bought a house in Mussomeli, Sicily, as part of the Case 1 Euro campaign. The campaign was aimed at attracting people from other countries to move to the region.

Despite the unique offer, Danny was unable to turn the house into a dream property.Real estaterequired extensive renovations.

1
1
35
2
1
75
2
1
75
Buy in Italy for 595000€
687 727 $
1
2
74
Buy in Italy for 660000€
762 857 $
1
2
83
2
1
95
Under the terms of the program, buyers had to completely renovate their newhousesfor three years to fully own them.

Danny, a chef who worked for Jamie Oliver's Fifteen Foundation, ran into problems due to a labor shortage in Italy. Problems in that country's construction industry prevented him from finding contractors for renovations. After several months, he decided to sell the property backagencyfor the sum of one euro and get your 86p back.

He's now settled into his newhomewhich required less work, and opened a community kitchen to cook and deliver free lunches to families in need.

We will find property in Italy for you

  • 🔸 Reliable new buildings and ready-made apartments
  • 🔸 Without commissions and intermediaries
  • 🔸 Online display and remote transaction

Subscribe to the newsletter from Hatamatata.com!

I agree to the processing of personal data and confidentiality rules of Hatamatata

Popular Offers

2347

Need advice on your situation?

Get a  free  consultation on purchasing real estate overseas. We’ll discuss your goals, suggest the best strategies and countries, and explain how to complete the purchase step by step. You’ll get clear answers to all your questions about buying, investing, and relocating abroad.

Vector Bg
Irina

Irina Nikolaeva

Sales Director, HataMatata