The town of Laurenzana, in Italy’s Basilicata region is selling homes for next to nothing. It is selling homes for €1. Most of the other similar schemes that have run through small towns requires a deposit of somewhere between €2,000 and €5,000 and the same money is returned to the homeowner once they have completed renovations.
Laurenzana mayor said, ” we want this process to be a pleasure and not a burden and that’s why we are not asking for any deposits to ensure that everything is seamlessly carried out “.
There are 10 old houses available in the historical heart of town. Another 40 abandoned buildings are available throughout the town. Many date back to the 1800s and are made of stone and red brick featuring iron balconies and charming archways.
The home that are available for sale range in size from 40 to 150 sq metres and could be transformed to a B&B, Boutique or private summer home. Buyers will need to visit the house by themselves in order to finalize the sale.
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