Property Abroad
Blog
Now you can buy a house in Italy for less than the price of a coffee.

Now you can buy a house in Italy for less than the price of a coffee.

Now you can buy a house in Italy for less than the price of a coffee.

Imagine that you are working from home – but from Italy. If you are starting to go a little crazy looking out the window at the same view you’ve seen for 14 months, you are certainly not alone. Working from home, living at home, vacationing at home – I think it’s safe to say that we all dream of breaking free somewhere at this point.

How does a small vacation home in the middle of an Italian village sound to you? Like paradise? I know.

Recommended real estate
Buy in Italy for 330000€

Sale villa in Catanzaro with city view 356 348 $

5 Bedrooms

3 Bathrooms

183 м²

Buy in Italy for 270000€

Sale flat in Venice with city view 291 557 $

3 Bedrooms

2 Bathrooms

87 м²

Buy in Italy for 710000€

Sale flat in Venice with city view 766 688 $

4 Bedrooms

2 Bathrooms

88 м²

Buy in Italy for 595000€

Sale villa in Venice with city view 642 506 $

6 Bedrooms

2 Bathrooms

237 м²

Rent in Italy for 3800€

Rent flat in Costarainer 4 103 $

3 Bedrooms

2 Bathrooms

108 м²

Buy in Italy for 390000€

Sale penthouse in Sirtory 421 138 $

2 Bedrooms

1 Bathroom

87 м²

And right now, you can buy one for even less than your daily takeaway latte. In the Italian town of Patrica in central Italy, abandoned houses are being sold for just one euro – the equivalent of only 86 cents.

This is not the first time such an opportunity has arisen in Italy – the towns of Mussomeli in Sicily and Zungoli in the Campania region have also succeeded in selling houses for pennies. However, as CNN reports, Patricia is having difficulty selling her homes despite the low prices, as it is necessary to obtain permission from the property owners to move in.

According to the mayor of the village of Lucio Fiordaliso, "first we need the willingness of the owners or their heirs to sell their old houses." He added: "Only after that can we put these properties up for sale with their consent, which makes the process very complicated. Almost impossible."

The village, located in the mountainous region of Lazio, has 3,000 people and of the two houses sold for one euro, both were owned by locals. Fiordaliso explained that finding the owners of the abandoned houses was like "looking for a needle in a haystack."

Thus, buying a house for just one euro in Italy may turn out to be not as easy as it seems at first glance.

Comment