Italian village offers homes for €1 to families and groups of friends

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Italian village offers homes for €1 to families and groups of friends

By
21 January 2020

By | 21 January 2020

The goal is to revive Bisaccia’s dwindling communities

It might seem like the whole of Italy is for sale lately as more and more villages and towns offer cheap houses to anyone who is interested and meets the requirements. The latest addition to the list of places with bargain housing is Bisaccia.

The small Italian town in the Campania region is encouraging whole families and groups of friends to buy multiple properties — for only €1 each (a little over $1). In total there are 90 neglected houses waiting for their new owners to bring back some life into them.

“We face a very particular situation here,” the town’s deputy mayor, Francesco Tartaglia, told CNN. “The abandoned [area] spreads throughout the most ancient part of the village. Forsaken houses are clustered together, one next to the other along the same roads. Some even share a common entrance.”

“That’s why we welcome families, groups of friends, relatives, people who know each other or investors to join forces. We encourage them to buy more than just one house to actually have an impact and breathe new life.”

New owners will need to restore their house to a livable condition

Those who decide to acquire a new house in Bisaccia will commit to renovating it but there will be no required timeframe or investment budget, even though they are expected to renovate the house to a livable condition.

Local authorities own all the empty houses which were abandoned years ago by their former inhabitants, which should speed up the entire process.

“This stands as a guarantee that the disposal process will be speedy and smooth, we won’t need to chase descendants of old owners nor have an

Jana Brnáková

Jana Brnáková

"days like this. like your day today. maybe the rain on the window trying to get through to you. what do you see today? what is it? where are you?" CB