Three towns in Italy are offering historic homes for just £1 in an effort to attract people to an area people are moving away from. The only condition is that buyers provide £18000 to renovate the homes. It is hoped that this will prevent historic areas from being abandoned and preserve historic buildings.
Key Takeaways:
- Historic homes in Italian villages being offered for sale for £1
- Mayors hoping to attract people to their villages and towns to preserve historic buildings and culture
- Buyers must commit to spend £18,000 on repairs and renovations
“Properly renovated properties can see their value increased by 300 per cent”