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You can now buy a €1 home in two more Italian villages

The Independent logo The Independent 15/04/2019 Cathy Adams
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If your dream home is a crumbling old villa in a beautiful Italian village, then good news – it could be yours for just €1 (NZ$1.70).

Two more Italian villages have joined the scheme to sell houses in need of renovation for a song.

The latest villages are Zungoli in the Campania region of southern Italy and Mussomeli in Sicily, which join a handful of other villages and towns across the country.

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Both villages are advertising their properties online, which makes it even easier for prospective residents to browse the homes on offer.

The aim of the €1 scheme is to revitalise unloved Italian villages and encourage residents back following an exodus to urban areas.

Zungoli has launched a “Case in vendita a €1” section on its local website, which presently has 14 homes for sale.

Meanwhile, Sicily’s Mussomeli has launched the Case 1 Euro website, which has 146 properties currently for sale.

The catch for both villages is that the cheap houses have to be refurbished within three years of purchase.

“I’ve created a special task force of young volunteers who assist buyers, liaising with convenient construction firms for the restyle,” Paolo Caruso, mayor of Zungoli, told CNN.

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“Transparency is key but people must really come see for themselves the beauty of the place, taste the great food and breathe the fresh healthy air.”

In January, homes in Sicilian town Sambuca went on sale for just €1, with the condition that the new owners must invest €15,000 into refurbishing their new home within three years.

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