Laurenzana is latest Italian town selling homes for $1 – with a catch

Mar 13, 2021 1460

BY: Mary K. Jacob

Why spend thousands of dollars on a one-time dream trip to Italy when you can spend €1 for a permanent Italian getaway? For one euro, which is about $1.20, you can own your very own home in the town of Laurenzana, located a few hours south of Naples. The town is offering abandoned homes at a very low price in hopes of luring in more people to the mostly isolated area.

It’s not the first time a town in Italy offered a too-good-to-be-true deal. Last year, small towns all over Italy offered similar deals, but most turned out to be a scheme, with many individuals having to put down a $5,950 deposit to restore the old homes. But this time around, no deposit is required. 

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SOURCE: https://nypost.com

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