Campo Grande residents compete for a public notice to buy a house in Puglia for 1 euro
House in Italy for 1 euro does exist. The guarantors are the sisters from Campo Grande, Paula Magalhães and Bruna Bortone, who moved to the country just over a year ago and today live with great expectations.
The two compete to buy a house in Italy for 1 euro. The property is located in Taranto, in the wonderful region of Puglia, southern Italy.
If they are approved in the municipal notice, they will have a mansion from 1900.
This week, they promoted the project on social media to count on the support of their friends and, who knows, win partnerships to carry out the project, according to the website Campo Grande News.
“We were brave and chose the largest house in the list. It’s 300 square meters, spread over three floors of 100 square meters each,” said Paula. “We chose this one because what we want to do there requires space. The house is approximately one block from the sea. So we’ll have a view of the beach,” she added.
Why Italy has a house for 1 euro
House projects for 1 euro in Italy have become very common. And the explanation is simple.
Depopulated villages try at all costs to revitalize themselves, attracting new residents.
Preferably they have a lot of money to invest in the city.
at least 30 Italian villages have houses for sale for the symbolic value of one euro.
The proposal draws attention not only due to the ridiculous price but also due to the location of the properties, which are located in famous regions such as Tuscany, Sicily, Sardinia, Puglia, Piedmont and Lombardy.
To apply for the project, future residents must follow several requirements, such as a minimum investment in restructuring the property, completing the work within a certain deadline and paying all expenses related to documentation.
If the new owner does not comply with the agreement, he will have to pay a fine and the property will be returned to the municipality.
In the case of Paula and Bruna, if approved, they will have to carry out the work within a maximum period of 1 year.
Reforms are not exactly easy. In addition to some houses being quite dilapidated due to decades of abandonment, strict standards must be respected if the property is considered an architectural or cultural asset.
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