How much do houses really cost for one euro in Italy?

The conditions of access to these houses vary according to the needs of each city. While some ask the buyer to set up a business, others give him a maximum period of time to renovate the house, generally with financial assistance, which will depend on each municipality.

The American Rubia Daniels traveled to Italy in 2019 and fell in love with Sicily. Seeing this possibility, he did not hesitate and bought three houses for one euro each. in the village of Mussomeli, one for her and the others for her two children.

The value was indeed the one published, plus a deposit of $ 5,000 for each of the houses.. In addition, he promised to complete the remodeling of each of them within 15 years.

According to Daniels, He already spent $ 12,000 on the first of the houses which is reshaping. In addition, calculate that the total will have to spend $ 20,000 for each of them to consider them as habitable.

Renovation prices at this location can cost anywhere from $ 120 to $ 900 per square meter. The properties for sale range in size from 11 to 190 square meters.

At Mussomeli, new owners can do whatever they want inside the houses. However, they cannot touch the facades, as they are considered the heritage of the city.

Daniels assured that he was happy with his decision and very happy with the people, considering that the investment continues to be very low. In addition, he recommended that interested people view the homes before bidding and not keep any photos posted on the internet.

Argentinian bought a house for $ 1 in the same town

In November 2019, Cecilia Solari acquired a three-story house also in Mossimeni for 1 euro.

The house that the 48-year-old craftsman bought is 250 square meters over three floors. The house was in a condition to be inhabited, without the need for prior repairs.