Houses for sale at 1 €, 2020 updated list of municipalities

“Fonderie” building at Montieri-Italy
“Fonderie” building at Montieri-Italy

Houses at 1 euro in 2020, list of municipalities that sell them.

Which municipalities are currently planning to sell houses for one euro? According to the latest news, the 2020 municipalities in which it is possible to buy houses for one euro, with a subsequent restructuring plan for the revitalization of the property itself, are:

  1. Montieri in the province of Grosseto in Tuscany;
  2. Borgomezzavalle in the province of Verbania in Piedmont;
  3. Carrega Ligure in the province of Alexandria in Piedmont
  4. Sambuca di Sicilia in the province of Agrigento in Sicily;
  5. Regalbuto in the province of Enna in Sicily;
  6. Ollolai, in the Barbagia mountains, in the province of Nuoro in Sardinia;
  7. Nulvi in ​​the province of Sassari in Sardinia;
  8. Lecce in Marsi in the province of L’Aquila, one of the first municipalities to have joined the initiative but where sales are currently blocked due to problems with the Revenue Agency;
  9. Vergemoli factories in the province of Lucca in Tuscany;
  10. Patrica in the province of Frosinone in Lazio.

The initiative to sell houses at the symbolic price of one euro was born to save the houses and buildings of certain municipalities from neglect and deterioration. These are not, as it may seem from the price, completely dilapidated houses, nor cataloged as unusable, but simply houses to be renovated and which retain a solid structure.

Buy houses for one euro, the rules

When buying a house for one euro, it is necessary and mandatory to follow specific rules set by regulations.

Each municipality in which this initiative is valid, in fact, provides certain rules to be respected, but the general and common objective is that the houses undergoing deterioration be restored according to a plan aimed at the recovery and renovation of the house. This is to enhance not only the good in question, and perhaps relaunch it on the market, but also to enhance the place where it is located.

The initiative to sell houses for 1 euro could also represent an incentive for the real estate market, facilitating access to housing belonging to young people, who today face many difficulties in obtaining credit for the purchase of a first House.

Additional costs

Among the costs to be incurred for those who buy houses for one euro, in addition to the renovation costs, there are also all the notary and registration costs. Foreigners, in particular the British and the Germans, have so far been particularly attracted to this initiative.

But many were also requests from Italians. The first country to launch the initiative to sell houses for one euro was Salemi, a Sicilian municipality in the province of Trapani, which launched this project eight years ago with the intention of recovering abandoned houses in the historical center. Followed by Gangi, another Sicilian city in the province of Palermo.

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