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24th Jun 2020

You can now buy a house in Italy in a ‘Covid free’ town for one euro

Cassie Stokes

That’s it, we’re off to Italy!

Not only does big boot Italy have the most delicious cuisine in the world, they also have houses that are cheaper than pepperoni!

Yes, you heard us right you can get your hands on a gaff in Italy for one euro. One. Euro. That’s basically a bag of crisps. Put the cheese and onion down and start planning your renovations!

The catch is that you have to do the place up but if you’ve only spent one euro on the building then it’s hardly going to cost millions to put a nice filter on the front!

Not only can you buy a place but the village of Cinquefrondi where these places are available claims to be a “Covid-free” village after somehow avoiding the virus which took over most of the world. They had zero reported cases.

Over the last few years there has been a huge interest in Italian property with many people buying old houses in small towns and doing them up for nothing.

In Cinquefrondi, Mayor Michele Conia told CNN the plan is to reverse a depopulation trend caused by younger folk heading off in search of work and fill the community up again! He’s even gone and named the plan “Operation Beauty.”

“Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty that I have launched to recover degraded, lost parts of town.”

They bought a $1 house in Italy, then Covid-19 struck
“I grew up in Germany where my parents had migrated, then I came back to save my land. Too many people have fled from here over the decades, leaving behind empty houses. We can’t succumb to resignation.”

The town doesn’t sound half bad either, the mayor explains “we rise between the refreshing hills and two warm seas, a pristine river runs nearby and the beaches are just 15 minutes away by car.”

This is how the housing deal works: Cinquefrondi requests an annual €250 policy insurance fee until renovations on the properties are completed and new owners will be liable to pay a fine of €20,000 if the remodelling isn’t done in three years.

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