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Life

04th Feb 2018

A beautiful Italian island wants you to buy a house there for only €1

Yep, ONE EURO

Olivia Hayes

Well, this sounds delightful.

The Italian island of Sardinia is urging people to get applications in to buy a house on the island for €1.

Yep, the Sardinian village of Ollolai in the Barbagia region launched a scheme in 2015 to attract more people to the location after the population dwindled to 1,300.

Carrega Ligure

The mayor, Efisio Arbau, wanted to inject more life into the community and invited people to purchase one of 200 stone houses for just €1.

However, there are strings attached – buyers will have to have between €20,000 to €30,000 to make the stone house inhabitable, as many of them are in varying states of repair.

The property will also have to be refurbished within three years and you can only sell the house after five years.

Lecce in the Marsi

However, the demand has been so high, that the government have put a deadline onto the scheme.

Now, anyone interested in buying a stone house in Ollolai will have to submit an application by February 7.