Italy has an ongoing clearance sale of €1 houses, with the first town nearer to Rome joining in on the selling extravaganza. Maenza, in Rome’s Latium region, has started to sell homes just over a dollar. It is a historic location high up on the wild Lepini hills south of Italy’s capital city. Dozens of abandoned stone dwellings are being made available in the hopes of attracting new occupants. Mayor Claudio Sperduti stated he is launching a pact for the rebirth of his hometown.
Interested buyers are advised to either go to the town’s official website or contact the town hall to make specific property requests. With around 100 neglected properties, some of which have become a potential danger hazard, applications for the first few houses on sale close on the 28th of August. The mayor reassures people that more houses will be out on the market as talks with original owners are underway.
Those who manage to buy a property must commit to renovating it within three years and cough up a deposit guarantee of €5,000 to be returned once works are finished. A detailed plan as to what the house will become must also be filled up. They are all located in an area with stunning views, traditional Italian food spots and even historical significance that spans ages.
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Photo Source: CNN Travel