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House for sale in Italy for 1 euro! Here are the terms

The abandoned houses in the town of Salemi on Sicily Island in Italy will put on sale for prices starting from 1 euro. Buyers have to pay a 3 thousand euro deposit.

It is that the abandoned houses in the town of Salemi on the Sicily Island of Italy will put on sale at prices starting from 1 euro.

It noted that the houses in Salemi will sold by auction, with prices starting from 1 euro next month.

The Mayor of Salemi, Domenico Venuti, He stated that at least 4 thousand people left the town after the 1968 earthquake in Sicily’s Belice Valley. He noted that they started such a project to bring a new breath to Salemi.

According to the project, the buyer can buy more than one house, but a 3,000 euro deposit must be paid for each house. If the house can be renewed within 3 years, the guarantee is give back to the buyer.

Stating that those concerned do not need to visit Salemi, Venuti. He said buyers should submit a detailed plan for the restoration of the house they are seeking.

Similar projects were implemented in some towns in Italy. In the medieval town of Bisaccia, near Naples, houses were on sale in the summer of 2019 for 1 euro. Those who wanted to buy a house in Bisaccia had to make a commitment to restoration and residency after the sale.

Written by Maraaz

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