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
Buy in France for 7900000€

Sale villa in Cannes 8 544 897,00 $

7 Bedrooms

7 Bathrooms

600 м²

Buy in France for 1150000€

Sale house in Menerbe 1 243 877,00 $

3 Bedrooms

3 Bathrooms

235 м²

Buy in France for 491964£

Sale flat in Nice 637 545,00 $

3 Bedrooms

99.41 м²

Buy in France for 7900000€

Sale villa in Cannes 8 544 897,00 $

5 Bedrooms

5 Bathrooms

325 м²

Buy in France for 3654300€

Sale flat in Aguilas 3 952 610,00 $

2 Bedrooms

2 Bathrooms

119 м²

Buy in France for 5450000€

Sale villa in Grima 5 894 897,00 $

5 Bedrooms

5 Bathrooms

353 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

Subscribe to the newsletter from Hatamatata.ru!

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