In the Italian city, houses are now being sold for only1 euro.

Want your own piece of paradise? Now's your chance to get it in Molise, a European region where one of the nicest towns sells houses cheaper than a cup of coffee.

The town of Sant'Elia a Pianisi, Italy, is just two and a half hours from Naples and has recently adopted a plan to sell houses for 1 euro, which is being used in many places around the country to revitalize empty communities. But this time there's a bit of a catch.

There are a total of 8 homes for sale, and it is hoped that they will be renovated within the next 3 years. This is certainly a risky business, but potentially lucrative for those adept at resale real estate. However, this time the purchase of homes will be handled a little differently. Providing a bank guarantee or insurance policy of €5,000 (CAD 7,202.58) will be a prerequisite to make sure that the work is completed. In addition, if more than one person is interested in a particular house, preference will be given to the one who intends to use local workers and materials, or who will be able to complete the project in a shorter period of time.

Interested? For more information about the plan to sell houses for 1 euro in Sant'Elia a Pianisi, Italy, you can visit their website, and if not, dream big! This could be the start of a great adventure....

Want your own piece of paradise? Now's your chance to get it in Molise, a European region where one of the nicest towns sells houses cheaper than a cup of coffee.

The town of Sant'Elia a Pianisi, Italy, is just two and a half hours from Naples and has recently adopted a plan to sell houses for 1 euro, which is being used in many places around the country to revitalize empty communities. But this time there's a bit of a catch.

There are a total of 8 homes for sale, and it is hoped that they will be renovated within the next 3 years. This is certainly a risky business, but potentially lucrative for those adept at resale real estate. However, this time the purchase of homes will be handled a little differently. Providing a bank guarantee or insurance policy of €5,000 (CAD 7,202.58) will be a prerequisite to make sure that the work is completed. In addition, if more than one person is interested in a particular house, preference will be given to the one who intends to use local workers and materials, or who will be able to complete the project in a shorter period of time.

Interested? For more information about the plan to sell houses for 1 euro in Sant'Elia a Pianisi, Italy, you can visit their website, and if not, dream big! This could be the start of a great adventure....

• Want your own piece of paradise?

Want your own piece of paradise? Now's your chance to get it in Molise, a European region where one of the nicest towns sells houses cheaper than a cup of coffee.

The town of Sant'Elia a Pianisi, Italy, is just two and a half hours from Naples and has recently adopted a plan to sell houses for 1 euro, which is being used in many places around the country to revitalize empty communities. But this time there's a bit of a catch.

There are a total of 8 homes for sale, and it is hoped that they will be renovated within the next 3 years. This is certainly a risky business, but potentially lucrative for those adept at resale real estate. However, this time the purchase of homes will be handled a little differently. Providing a bank guarantee or insurance policy of €5,000 (CAD 7,202.58) will be a prerequisite to make sure that the work is completed. In addition, if more than one person is interested in a particular house, preference will be given to the one who intends to use local workers and materials, or who will be able to complete the project in a shorter period of time.

Interested? For more information about the plan to sell houses for 1 euro in Sant'Elia a Pianisi, Italy, you can visit their website, and if not, dream big! This could be the start of a great adventure....