In order to study the project "Houses at 1 euro" of the Commune of Chiaromonte, in the province of Potenza, professors from Algoma University in Canada have arrived in Italy. Objective? To replicate the project overseas.
Bari, in southern Italy, never ceases to amaze. With rich beauty and contrasts, it leaves visitors open-mouthed. From the elegant neighbourhoods of the city centre to the enchanting alleyways of Bari Vecchia, the Apulian capital is an attractive place to move.
The latest real found that the average selling price of used homes in May 2023 is EUR 1,858/m2 (+1.9 per cent year-on-year). This figure is part of a context in which inflation and mortgage interest rates are also rising, making it more complicated for Italian households to purchase real estate.
When it comes to investing in a holiday home, Italy offers a wealth of stunning locations, rich culture, and delicious cuisine. With its diverse landscapes, from sun-soaked beaches to snow-capped mountains, Italy has something to offer for every taste and budget.
Most Italians' homes have a surface area of less than 100m2. The percentage of dwellings that do not exceed this size amounts to 61% of the total number of listings on idealista.
1 euro houses in Italy are becoming an increasingly international affair, with interested buyers heading to Italy to get their hands on one of these properties.
According to a calculation made by the idealista research office, Italy's leading real estate portal, the purchase price of a house is equivalent to an average of 11.9 years' rent in Italy.
Beachfront property in Italy is highly sought after due to the country's stunning coastline and renowned beaches. Italy offers a diverse range of beach destinations, each with its own unique charm and characteristics.
Exploring the picturesque landscapes and vibrant culture of Italy is a dream for many, and owning a piece of this beautiful country can be a reality with the right approach. Finding cheap houses in Italy may seem like a daunting task, but with proper research and planning, you can discover
The list of small Italian villages that are offering properties for sale at the symbolic price of 1 euro is growing in 2023. After initially launching the project in 2022, you can now buy 1 euro houses in Chiaromonte (in the province of Potenza) in Basilicata.
Since the trend of tiny houses hit the market, living in a small space and even taking your own property with you wherever you decide to move is possible, and we're not talking about old caravans. In fact, authentic fully equipped mobile homes can be found for sale.
Ripacandida in Basilicata has been added to the list of Italian villages offering houses for sale for 1 euro. The 1 euro home initiative in Ripacandida has the main objective of recovering the housing function of the historic centre.
According to the latest Economic Survey on the Housing Market in Italy, covering the first quarter of 2023, conducted by Bankitalia, Tecnoborsa and the Agenzia delle Entrate (Inland Revenue), inflation trends will continue to have a negative impact on demand for housing.
1 euro houses are on the rise in Sicily. After Gangi, Sambuca di Sicilia, Delia, the project has also conquered the village of Troina. The objective of the project in Troina, which recently featured on CNN, is to renovate and inhabit the real estate in the town's historic centre.
Buy a house for one euro in Italy in the heart of the Madonie Mountains, in Gangi, Sicily, and then make it into the perfect retreat for the winter. This is what engineer Jerry Vitellaro and his partner Valeria Collesano have done.
Selling a property on your own, without an agency, is not an easy task and you need to evaluate the time, effort and stress you need to invest, especially if you're not an Italian native and selling property in the country for the first time.
In Pratola Peligna, in the heart of Abruzzo, Danish Camilla Dresher Noro, from Hørsholm, on the outskirts of Copenhagen, arrived for Italy's 1 euro houses project.
Massoud Ahmadi and Shelley Spencer are a married couple from Washington who have always wanted to buy a property in Italy. Their dream became reality thanks to the 1 euro houses project promoted by the municipality of Sambuca di Sicilia, in the province of Agrigento.
Amidst the 'invisible' recession, the tug-of-war between inflation and wage immobility, geopolitical uncertainty and monetary policies that are not always effective, the property market in Italy has been slow to see that drop in buying and selling and in prices that was supposed to have occurred in
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.