Right now in Sicily you can buy one of 100 houses for just 1 euro
Small Italian villages are struggling to keep residents going to live in big cities. The municipality of the Sicilian city of Mussomeli decided to sell abandoned houses for less than half the price of coffee made by a barista.
100 abandoned properties have been put up for sale online, and 400 more properties are expected to be added soon.
The website of the Mussomeli Municipality project in Sicily reads:
Buyers must renovate their new homes within a year of purchase, otherwise they will lose their $8,000 security deposit.
The expected cost of the renovation work will be about $107 per square foot, plus administrative fees ranging from $4,000 to $6,450.
There are engineers and architects in the city who can help with repairs, but new residents can also use the services of third-party repair organizations.
Mussomeli is a city with a population of 11,000 people, located in the heart of Sicily. Mussomeli is located in an inland hilly area east of the Platani River, in central Sicily, at an altitude of 765 meters above sea level. It is 53 km from Agrigento, 58 km from Caltanissetta and 150 km from Catania Airport. The climate is continental, harsh and dry in winter, warm and windy in summer. Wind is the climatic element of the city. It rarely snows in winter. Rains occur in January, February, March, April, October and December, and are almost completely absent in summer. The temperature varies greatly: the maximum in winter is 7-11 ° C, and in summer 26-32 ° C; minimum temperatures range from 3-6 ° C in winter to 15-20 ° C in summer.
Mussomeli is one of the safest cities in Italy. There have been no robberies here for years, thanks to a sophisticated video surveillance system and the presence of police who control the city.
Keywords: House | Italy | Real estate | Sale | Sicily