(...) ...Small Italian towns began a "one euro property" programme, selling low-quality properties with the condition that they be restored within three years. Alongside this, more expensive properties that do not require immediate restoration and investment have garnered significant attention. For instance, in Mussomeli, 100 houses were sold for one euro, while 150 houses were sold at higher prices.
"We identified abandoned houses whose owners wanted to demolish them but did not know how. So, we decided to give other people the opportunity to renovate these homes. People who view the abandoned properties realise that there are also better options available in the same area," notes Carrega Ligure mayor Luca Silvestri.
Local residents regularly update information on web platforms, offering properties they no longer need. For example, people are selling their grandparents' houses, warehouses, or simply former family properties.
Unlike the "one euro house" programme, selling low-cost properties is also more advantageous because it allows the buyer to complete all formalities faster, enables them to meet the previous owners, and offers a wider choice. The real estate market in Italy is developing, and it is clear that cheap properties, used to attract foreigners with a dream of living in the Italian countryside, are part of the future of this market.
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