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Related: Culture Forums, Support ForumsLeave It all Behind and Start a New Life in Italy for about $1.20
Plus the cost of renovations, travel, and moving.https://www.thrillist.com/news/nation/laurenzana-italy-selling-homes-for-one-dollar
Home ownership is but a pipe dream for many Americans. Homes across Italy, however, are apparently flying off the shelves. Of course, the reasons behind this oft-reported trend are complicated, but who are we to stand between anyone and international property fantasies?
Laurenzana is the latest Italian town offering homes for the truly rom-com price of 1, or $1.20 USD. It spans 37 lovely square miles about 122 miles south of Naples. Its present population is about 1924, but, with prices like these, and no deposit necessary, it would appear that theyre ready to make room for more.
"We want to help newcomers purchase the house of their dreams without making it hard for them to follow tedious procedures and tight requirements," Mayor Michele Ungaro told CNN. "At times it can be difficult to navigate through regulation, particularly if you're a foreigner. We want this adventure to be a pleasure, not a burden." "That's why we are not asking for any deposit guarantee to ensure the works are speedily carried out. It sounds as a sort of threat, Ungaro told the outlet.
You will be required to do a little bit of lifting before signing on the dotted line, however. According to CNN, prospective buyers must submit a detailed restyle plan (these homes do need, in real estate-speak, a little love) to even be considered, then begin work within three months of purchase to be completed within three years. The mayor also said that buyers should expect to spend about 20,000 ($23,908 USD) to get the homes in ship shape condition. Its still a fraction of the cost of, say, a vial of air bottled in a two-bedroom apartment in New York City.
snip
Serious buyers should send inquiries to comunelaurenzana@rete.basilicata.it
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Leave It all Behind and Start a New Life in Italy for about $1.20 (Original Post)
Celerity
Mar 2021
OP
area51
(11,906 posts)1. Well, at least in Italy,
Americans would gain healthcare as a basic right, something which we'll likely never see here.
Wicked Blue
(5,831 posts)3. And a great railroad network! nt
Paladin
(28,252 posts)4. Scandalous that the U.S. doesn't have RR's the quality of Italy's.
I've been watching Stanley Tucci's wonderful Italian food series---I'm ready for a return trip to Florence.
Karadeniz
(22,510 posts)2. Great bones!
msongs
(67,395 posts)5. make sure u have great earthquake insurance for all those unreinforced masonary
buildings with heavy tile roofs
Thyla
(791 posts)6. Its a trap