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Located just 70 kilometers from the city of Rome, this beautiful pueblo medieval joined the towns that sell 1 euro houses. The plan aims to combat the decline or aging of its population.
Maenza, is the city and the Italian commune of the province of Latina, region of Lazio, with 3,157 inhabitants and with 1 euro houses on sale. This mountainous town which has 42.57 square kilometers, in a charming position on a vast background of mountains with vast expanses covered with forests of chestnut, beech and holm oak, reached by the valley of the Amaseno river in the Montes Lepini wild.
The pueblo medieval located very close to Rome Born around the 12th century, it is the first city in the Lazio region to join the program and has many unique features to offer future owners of affordable housing.
In the past, the city was home to shepherds and tribes. Today, dozens of abandoned stone houses have been put up for sale for less than a euro in the hope of attracting young professionals and families to renew life in the region.
Claudio Sperduti, the mayor of the city, described the action as “a pact for the rebirth of the people”. The official told CNN he wanted to reclaim all abandoned and dilapidated properties, and link the former owners with potential buyers who would be interested due to the properties’ very low prices.
Conditions to access houses in Maenza
Some Houses that are on the market are in such a state of disrepair that they are considered dangerous for passers-by. Therefore, those who agree to buy these houses must commit to renovating them.
Italian authorities expect the renovations to be completed in less than three years from the time of purchase. To ensure the proper execution of the renovation work, the new owner of the house will also have to pay a security deposit of 5,000 euros, which will be returned once the renovation work is completed.
Buyers will be able to choose what to transform the property into, whether it is a house, bed and breakfast, business or restaurant. New owners must submit detailed plans of the House to city council to get approval from the municipality, this is the only requirement officials are asking on this point. Buyers will not be required to live in the homes they buy and renovate.
Local authorities will allocate each of the homes to buyers based on the functionality of the property. The first batch of buildings is already for sale and applications for obtaining closes on August 28. Those interested who do not submit their nominations on time will have the opportunity to do so later, as the mayor has promised that new nominations will come out soon. 1 euro houses at the market.
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