Italian Town Is Selling Houses for as Little as R17, About 900 Costs Under R100k

Italian Town Is Selling Houses for as Little as R17, About 900 Costs Under R100k

- Castiglione di Sicilia in Italy is selling houses for €1 (R17) each after the owners migrated to other countries and never returned

- There are roughly 900 abandoned homes for sale and the ones in better condition will be sold from €4,000 (R69 000) to €5,000 (R86 000)

- Those who once occupied the houses were said to have migrated to other countries in search of greener pastures

- Selling those houses for such amounts is geared towards bringing people back to the town to grow its population and rescue the ruined architectural heritage

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Another Sicilian town in Italy, Castiglione di Sicilia, is selling abandoned houses for €1 each. There are around 900 abandoned houses available for sale.

Half of those houses are ruined and will be sold for €1 (R17) each while the rest which is still in better condition will be sold from €4,000 (R69 000) to €5,000 (R86 000), CNN reports.

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Italian town is selling houses for as little as N460, about 900 of them to be sold for different prices
The abandoned houses are for sale from as little as €1, €4,000 to €5,000 Photo credit: Michele La Rosa/Comune Castiglione
Source: UGC

Speaking about the houses, Mayor Antonino Camarda said:

"We have a huge architectural heritage to rescue, packed with history. Over time, too many people have left, leaving behind a bunch of old, picturesque houses, many even dating back to the Renaissance."

The €1 homes are cottages once owned by shepherd and farming families, while the more expensive ones include palatial houses that were occupied by the middle class.

Many residents of the town were said to have migrated to Australia and South America in search of greener pastures. They didn't return and their homes fell into disrepair after many years of their absence.

According to Independent, an auction will be held to determine the new owner if many people show interest in a particular property.

In other news, Canada is the best country in the world, according to US News. The country has a population of 37.6 million and a GDP of $1.74 trillion (R24 trillion).

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Earlier, Briefly News reported that a young man has celebrated joining the league of house owners in the country as he announced that he is now a proud owner of a new home. Taking to Twitter, @Leorexx10 announced the achievement as he shared beautiful pictures of the interior as well as the swimming pool.

His post gained huge traction on social media. As of the time of making this report, the post had garnered over 20k likes.

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Source: Briefly.co.za

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