
BY: Silvia Marchetti
Yes — they’re still available. If you’re worried that there are no more towns in Italy left selling homes for one euro, or a little over a dollar, don’t be. One town that’s been low key selling homes for the price of a coffee is about to release another tranche of real estate — and the process is even better for buyers than what you might be used to.
No deposit guarantee is needed as downpayment to secure a dilapidated dwelling. All that’s required is your commitment to restyling it. Penne, located in Italy’s central region of Abruzzo, midway between the Adriatic coast and the Gran Sasso mountain range, is selling off abandoned homes for the price of an espresso in an attempt to stop depopulation.
SOURCE: https://edition.cnn.com
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