by Fred Fuld III
How would you like to own a house on a hill in Italy with a beautiful view? If your answer is yes, how would you like to own it for just $1.14 (one euro)?
The town of Sambuca on the Island of Sicily is looking for people to buy many of these homes, due to the fact that many of the local population have moved out. The community figures that with new buyers, revitalization will take place.
So there are plenty of homes to choose from, ranging in size from 430 square feet to 1,600 square feet. The houses are being sold directly by the city hall with no intermediaries.
Sambuca di Sicilia is located on the southwestern part of Sicily, about 42 miles west of Palermo. This 37 square mile town has a population of approximately 5,900 people.
Of course, there are a couple catches, but not a very big ones. Here they are:
- You must send at least $17,200 renovating the home
- A $5,700 deposit is required, which will be returned once the renovation is complete
More information can be found at comune.sambucadisicilia.ag.it