A town in Italy is Selling Abandoned Homes for $1. Here’s What the Properties Look Like

A small town in Sicily is selling abandoned properties for a euro, but buyers must agree to renovate them within three years.

Italy abandoned homes

In addition to being relatively close to Naples and the Amalfi coast, the 11,000-person town of Mussomeli has ancient churches, Byzantine caves, and a medieval castle.

Many of the abandoned properties are crumbling or decaying, but they’re steps from gorgeous scenery.

Italy’s small towns may be scenic respites from touristy cities like Rome and Venice, but they’re struggling to hold on to residents.

Across the country, quaint villages and rural hamlets have taken to selling their abandoned properties for a single euro or less in hopes of boosting their populations.

One of the largest of these programs is in Mussomeli, a southern town in Sicily hours from Naples and the Amalfi coast.

The local government is selling 100 abandoned properties online (a few of which have already been purchased), with another 400 expected to join the program.

Though many of the properties are in desperate need of renovation, the town itself has plenty of local charm.

In addition to ancient churches, Byzantine caves, and a medieval castle, Mussomeli has culinary delicacies like hanging caciocavallo cheese and bread baked in wood-burning ovens.

The town is 2,500 above sea level, so there’s less concern about it being washed away by the next big flood.

Take a look at the abandoned stone properties that the government is selling for q euro, a little more than a US dollar.

Mussomeli has 11,000 residents, but many of its homes have been deserted as people move to urban areas.

The government has posted signs on the doors of homes to indicate which ones are for sale.

Many homes are in dire need of repair, like this three-bedroom property with an exterior that’s chipping away.

Renovations are expected to cost about $7,500 per square foot.

Additional costs such as notary and secretarial fees amount to between $2,800 and $4,500, depending on the property.

Source: MySA