The Italian villages selling fully renovated homes for £8,600 – so you can move in right away
AN ITALIAN village is selling houses for as little as €10,000 (£8,600) which you can move into right away.
A number of regions in Italy have offered houses for as little as €1 to encourage people to move to the area.
However, many of them are dilapidated buildings with no electricity or running water, meaning buyers face a huge bill to return them to working order.
Carrega Ligure, a village in the north of Italy a few hours from Milan, is offering cheap properties that are actually ready to live in.
The tiny hamlet has just 90 residents, with the houses ranging from €10,000 to €20,000, but buyers can also expect low taxes.
One 80sqm two-storey villa which has been renovated and includes a cellar, running water and electricity is on sale for €14,000.
Not only that, but prospective buyers can also negotiate prices with the buyers who are keen to sell.
Latronico, a town in the south west of Italy, has even launched an online platform called Your House in Latronico to help buyers.
House prices range from €10,000 to €30,000, but anyone who can invest €20,000 in renovations will pay zero taxes for 10 years, the mayor says.
Properties for sale include a two-storey house with panoramic views, and freshly redone floors and walls for €12,000, while a modernised stone villa in the town square is €32,000.
The village is known as the "village of wellness" not just because pollution levels are near zero in the area, but also due to the local thermal spa complex.
Last month, the town of Laurenzana, located a few hours south of Naples was selling houses for €1, without requiring large deposits from buyers.
We've explained everything you need to know about buying a €1 house, including how to do it and how much it really costs.
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