MAMA MIA
Tiny town in Sicily is selling homes for just 85p – but you need to completely renovate it within a year
There are around 100 homes available, with more to be added
BARGAIN home hunters will find it hard to beat this deal - an Italian town is selling its homes for just €1 (85p).
The local government in Mussomeli in southern Sicily is selling 100 abandoned properties online and it is expected to have another 400 added soon.
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The government posted signs on the doors of the homes up for grabs in the town of 11,000 residents.
Besides all of the traditional culinary delights the region possesses, the town is also home to a medieval castle and ancient churches.
But, of course, there’s a catch.
Buyers must agree to renovate their new homes within a year of purchase or they will lose their $8,000 (£4,270) security deposit.
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Renovations are expected to cost about $107 (57) per square foot and other costs include administration fees of between $4000 (£2,135) and $6450 (£3,443).
The town has engineers and architects available to help with the renovations but the new residents are also able to assemble their own crews.
Italy's small villages are struggling to hold on to residents, with many deserting the regions for urban areas.
So much so that towns like Mussomeli have taken the drastic step of selling abandoned homes for less than half the price of a barista made coffee.
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Last year, the beautiful island of Sardinia also offered its homes for just €1 each.
And in 2017, over 100 properties were given away for free.
This article was originally published by and was reproduced with permission.
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