Another Italian town selling homes for $1
Fox News
If you’re ready to run away from it all, look no further than the quaint town of Laurenzana, Italy, where officials are currently selling homes and buildings for just over a buck.
Laurenzana, in the southern region of Basilicata, is currently peddling about 50 historic properties for 1 euro ($1.19,) Departures reports. In a bid to lure buyers, Mayor Michele Ungaro has even rolled back renovation deposit fees (which have ranged from about $2,400 to $6,000 when other Italian towns have organized similar promotions) to $382. To make their case, hopeful homeowners must pitch a proposal to local officials, explaining which property they’d like to buy and their plans for renovation. According to Travel and Leisure, 10 of the units are old homes "in the historical heart of the town" while the other 40 are abandoned buildings. Many of these unoccupied units date back to the 19th century and feature charming details like wrought iron balconies and brick archways – but will reportedly require a more thorough flip to be made modern once again.More Related News
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