Why is the one euro house sale in Italy failing to attract buyers?

Italian Towns Sell Houses for One Euro, But Legal Barriers and Family Conflicts Hold Back Success

In recent years, small towns and districts in Italy that have been emptied of residents due to urbanization have found a solution to their abandoned and neglected houses. These towns offer houses for sale for only one euro, attracting buyers from around the world. However, the cost of renovation required by Italian laws falls on the buyer. Despite the success stories in the media, Italy’s “houses in euros” business faces obstacles. For example, the village of Patrica, located south of Rome, has struggled to sell abandoned houses for one euro. The current mayor, Lucho Fiordlisso, has been trying to sell dozens of old houses in the village, but faces challenges in locating descendants of the original owners who have left to immigrate to other countries.

While the municipality was able to get consent from some homeowners and market the houses for sale, many interested parties withdrew at the last moment due to family conflicts. Only two houses were sold for one euro each, both to local residents looking to get rid of family assets. Legal barriers have prevented the mayor from selling more houses, and despite interest from international customers, there are limited properties available for sale. Ultimately, the sale of these houses in Italy for one euro has been met with mixed success. Some buyers find the cost of renovation too high and opt for more expensive properties in the area. While the concept of buying a house for one euro may seem attractive

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