Italy’s cheap homes hot spot puts more up for sale

Jun 08, 2024 334

BY: Silvia Marchetti

Dwindling Italian towns have been pulling out all the stops to lure new residents in recent years, with several one-euro home schemes launching across the country. But while some towns have struggled to find buyers for their abandoned buildings, others have been basking in the glory of successful sales. 

After seeing huge demand for its previous home sell offs in 2019 and 2021, Sicily’s Sambuca di Sicilia is preparing to put a third batch under the hammer, this time with starting prices of 3 euros, or just over $3. “We just want to make it clear that by numbering these batches, more sales will likely follow in coming years,” newly elected mayor Giuseppe Cacioppo tells CNN. 

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SOURCE: https://edition.cnn.com

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