Tuscany is a region associated with natural beauty, fine wines and a substantial historical heritage. It is also home to villages, small towns and hamlets facing population decline, which can affect local authorities as well as tourism.
Through the €1 homes in Tuscany 2026 initiative, Italian and overseas buyers may be able to purchase properties for the symbolic price of €1, then take responsibility for their renovation and refurbishment.
Where can you buy a €1 home? The Tuscany initiative
The €1 homes in Tuscany in 2026 initiative is an interesting prospect for people looking to buy property at a lower cost while contributing to the revival of small villages and the preservation of Italy’s cultural heritage.
Taking up a €1 home in Tuscany is not simply a financial matter, but also a cultural and social investment. Those who take part are often required to renovate the property within a set timeframe, helping to preserve local architecture and support urban renewal. This can improve the appearance of the village, support the local economy and attract visitors and new residents.
€1 homes in Tuscany in 2026: Fabbriche di Vergemoli
Buying a €1 home in Fabbriche di Vergemoli, Tuscany, is an opportunity not only to own a property in one of Italy’s most appealing regions, but also to contribute to the renewal of a small village surrounded by the greenery of the Apuan Alps.
Fabbriche di Vergemoli has a particular setting, surrounded by striking natural scenery and close to arty cities such as Lucca and Pisa. This brings together rural tranquillity and access to cultural attractions. Several reasons led the mayor, Michele Giannini, to join the initiative, which differs in some respects from similar schemes elsewhere.
In this case, there is no formal call for applications. Instead, the initiative promotes the sale of privately owned properties, rather than properties belonging to the municipality. Other key elements remain in place, including the symbolic €1 purchase price and the renovation costs that the buyer must cover after the sale.
The €1 homes project in this comune, or municipality, has been running since 2006. Until 2015, it was aimed mainly at construction companies. Following strong interest from people around the world, the municipality later opened the scheme to private individuals as well.
How does the 1 euro house project work?
The €1 homes scheme is designed to revitalise small municipalities at risk of depopulation, while giving prospective buyers a route to owning a home. Taking part generally involves contacting the relevant municipality and committing to purchase and renovate the property.
The scheme allows a property to be bought at a very low initial cost, while also encouraging local investment and the protection of the cultural and architectural heritage of less populated areas.
Buyers must meet several commitments, including renovating the property within one year of purchase, with estimated investment of €20,000 to €25,000, and beginning work within two months of receiving the necessary permits.
The scheme also involves additional costs, such as notary fees and taking out a surety bond. These expenses are balanced against the benefits of helping to bring life back to a local community and potentially accessing incentives such as renovation bonuses.
Can foreigners buy 1 euro houses in Italy?
Foreigners can buy 1-euro houses in Italy—there are no nationality restrictions. These symbolic property offers are part of initiatives by small Italian towns to repopulate rural areas and revive abandoned homes. While the upfront cost is just €1, as mentioned, buyers must commit to renovating the property—often within 1 to 3 years—and cover all related expenses.
To purchase a 1-euro house as a foreigner, you'll need an Italian tax code (codice fiscale), a clear renovation plan, and a refundable deposit (usually €1,000 to €5,000). Notary fees, taxes, and permits are also your responsibility. While owning a home doesn't grant you residency, EU and non-EU buyers alike are welcome to participate.
Where to buy a house for 1 euro in Italy
The 1 euro house initiative has seen many regions of Italy as protagonists: from the major islands to Basilicata, Molise, Calabria, and Tuscany. To find out where you can buy a house for 1 euro, check out our map of 1 euro houses in Italy in 2025.
