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A SMALL Italian town in Sicily is selling homes for just €1 (80p) in a bid to entice more people to move to the area.

It is one of many locations in Italy which is struggling with a dwindling population.

A town in Sicily is looking for new residents
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A town in Sicily is looking for new residentsCredit: Alamy

The town of Bivona, located in the south of Italy, has a population of just 3,800 residents - which is half the amount it was 40 years ago.

Angela Cannizzaro, Bivona's culture councillor, they wanted to restore the town back to the "renaissance era" when the region flourished.

To buy one of the 80p houses, you have to be able to pay a $2,750 (£2,100) bond.

However, this is half the amount asked for by other Italian regions which are using cheap properties to lure residents.

The houses are located on the island of Sicily
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The houses are located on the island of Sicily

It is also allowing four years to renovate the property, which may be needed for some locations.

While some of the houses need minimal work done to them, some are just a shell of a building such as dilapidated farms or stables and need entire refurbishments.

You also don't have to live in it - it can be turned into anything such as a restaurant, shop or hotel.

Even if you just visit the location to look at the houses, you will be given a free food and wine tasting session by locals including red wine and bruschetta.

You just need to invest £2,100 to renovate the property
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You just need to invest £2,100 to renovate the propertyCredit: Getty - Contributor

The small commune is perfect for people wanting to get away from the busy and dirty life of the city.

Every year, Bivona celebrates the Peach Festival in August, which is represented by the white peach of Bivona grown in the region.

They also celebrate St Joseph in March, offering food and drink before giving them to the children and those in need afterwards.

Other towns that are offering cheap homes for just €1 include Mussomeli and Cammarata both in Sicily, and Ollolai in Sardinia.

Aerial view of the 1€ houses in Mussomeli, Sicily

The town of Sambuca also sold houses for just 90p earlier this year.

In 2017, the Italian government gave away 100 castles and villas, on the condition they were turned into hotels and restaurants.

A region in the South of Italy will even pay you £625 a month to live there to increase the population.

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