Italy's 1 euro home initiative is having great success, contributing to the revival of Italian villages, especially those in the south of the country that have suffered from depopulation for years.
For almost twenty years, VPF, a company based in San Vito dei Normanni, Apulia, has been manufacturing and selling mobile homes on wheels for campsites and tourist villages.
Buying houses for 1 euro is a unique opportunity, not only for Italians who want to escape the city chaos and take refuge in a small village, but also for those who come from foreign countries and would like to live the Italian dream without spending a fortune.
12% of the properties available on idealista in Italy during the month of December 2022 were sold in less than two weeks, according to the Research Department of Italy's leading property portal.
Is Italy really selling homes for 1 euro? What is the catch for 1 euro homes in Italy?Buying a house for 1 euro sounds like a very inviting proposition, but it is important to know that buying a house for 1 euro in Italy also entails some hidden costs. So what is the real cost of 1 euro homes?
One euro houses in Italy have become increasingly popular in recent years, both in Italy and abroad. But why is Italy selling so many properties for 1 euro?
Waking up to wonderful sea views of the Italian coastline each morning sounds like something from a dream. Some of the best coastline in the world can be found in the Bel Paese, from Liguria to Puglia, not forgetting Italy's spectacular islands of Sicily and Sardinia.