American Meredith Tabbone bought a house “for one Euro” in a sparsely populated city in Sicily and told about how much housing cost.
She responded to an ad for houses in Italy since her great-grandfather lived in the commune of Sambuca di Sicilia. Many Italian cities do not have enough residents, so the authorities regularly offer tourists to buy housing for one Euro and move to the country.
The commune government also put 16 abandoned houses up for auction with an initial price of one Euro. Tabbone says most of them were eventually sold for five thousand dollars. She paid $ 5,655 for hers. The most expensive house at auction cost the owner 25 thousand dollars.
Any house purchased under this scheme requires restoration. You will have to invest at least ten thousand dollars to be able to exist in it comfortably. Meredith’s home will need five times as much.
This is an eighteenth-century building that no one has lived in for more than a hundred years. There was a stable in the basement, and there is no electricity or running water in the house: but-vaulted ceilings and large rooms. Repairs began in February, but work was suspended in May due to the pandemic.
The housing is expected to be ready by March 2021. There will be underfloor heating, solar panels on the roof, and panoramic windows with views of the lake and vineyards. In the future, Meredith plans to move to Sambuca, but at first, she will use the house as a place for the summer holidays.