Advertisement
A beautiful Italian town is se...

Lifestyle

A beautiful Italian town is selling homes to 'groups of friends' for just €1

Jonathan Duane
Jonathan Duane

10:32 22 Jan 2020


Share this article


Could you see yourself moving to Bisaccia with your mates?

We'll take six.

In what is becoming a trend in recent months, another scenic Italian town is selling houses for just €1 each.

The only catch? You have to buy and live in it with a group of friends or family - if you can even call that a catch.

The town in question is Bisaccia, located in the south of the Campania region two hours from Naples.

And the region is looking for an influx of new residents in an effort to revive their community and economy having suffered a population decline recently. With CNN Travel citing  several earthquakes as a reason.

As a result many of the buildings are now run down, however, the region has put 90 buildings on the market.

It's hoped that groups of people will take the chance to renovate the properties into a livable area.

The offer expects the buyer to commit to renovate their purchase, although there is no time frame or minimum spend expected.

Deputy Mayor Francesco Tartaglia hopes it will make families and friends move together instead of single buyers.

She told CNN: “We welcome families, groups of friends, relatives, people who know each other or investors to join forces.

“We encourage them to buy more than just one house to actually have an impact and breathe new life.”

She added the local authorities own the buildings, not former residents, meaning the transactions will be easy.


Share this article