Property Abroad
Blog
Attention buyers: this house is for sale for the price of... just one euro!

Attention buyers: this house is for sale for the price of... just one euro!

Attention buyers: this house is for sale for the price of... just one euro!

In France, the town of Saint-Amand-Montrond has set a price of 1 euro for a house measuring 77.18 square meters. The aim of this decision is to encourage the renovation of old buildings, reduce the number of vacant residential properties, and revitalize the city center.

The house, consisting of two floors, includes a kitchen, two bedrooms, a living room, a toilet, a bathroom, a 16 square meter garage and a 13 square meter yard. Although it may look like something out of place, the house itself is interesting.

However, despite the incredibly low purchase price, the future owner will have to face high repair costs.

Recommended real estate
Rent in France for 3165€

Rent office in Grenoble 3 417 $

2 Bathrooms

313 м²

Rent in France for 2400€

Rent office in Nice with city view 2 591 $

141 м²

Buy in France for 335000€

Sale flat in Condom 361 747 $

2 Bedrooms

2 Bathrooms

85 м²

Buy in France for 575000€

Sale chalets/cottages in Dordogne 620 909 $

4 Bedrooms

2 Bathrooms

350 м²

Buy in France for 425000$

Sale land in region 424 999 $

2347 м²

Buy in France for 415000€

Sale flat in Dordogne 448 134 $

4 Bedrooms

3 Bathrooms

164 м²

The city council has set several conditions, including updating the building's electrical system to meet modern standards. The repair costs could reach up to 128,000 euros. Additionally, the buyer is required to live in the house year-round to help revitalize the city center.

Comment