Discover Italy’s Hidden Gems: 7 Places Where You Can Buy a House for $1
Italy has become a hotspot for those seeking to purchase homes for as little as $1. Many of the country’s lesser-known towns are offering properties at a symbolic price to revive dwindling populations and restore crumbling homes. If you’re looking for an opportunity to own property in Italy, here are 7 places where you can buy a house for just $1.
1. Sambuca, Sicily
One of the most famous towns in Italy’s $1 house movement, Sambuca is located in the heart of Sicily. Known for its beautiful countryside, vineyards, and proximity to the coast, Sambuca has garnered international attention. Buyers must commit to restoring the property within three years, with renovation costs ranging between $15,000-$30,000. However, the allure of owning a piece of Sicilian paradise is undeniable.
2. Mussomeli, Sicily
Another Sicilian gem, Mussomeli, is a medieval town that offers breathtaking views of rolling hills and ancient architecture. Mussomeli has made hundreds of houses available for €1 (about $1.20), with buyers required to restore the property within three years. Mussomeli is famous for its Castello Manfredonico, a stunning 14th-century castle.
3. Ollolai, Sardinia
In the heart of Sardinia, the town of Ollolai is offering $1 houses in an effort to repopulate its picturesque but nearly abandoned streets. With a commitment to renovate the property within three years, buyers can enjoy the slow-paced life that Sardinia is famous for. Ollolai is an ideal location for those who love nature, as it’s surrounded by stunning landscapes and traditional Sardinian culture.
4. Gangi, Sicily
Gangi, located in the central part of Sicily, is another town that has embraced the $1 home movement. Gangi is known for its rich history, medieval streets, and stunning views of the Madonie Mountains. Like other towns in this program, buyers must restore the homes they purchase, but the investment is well worth it, given the scenic surroundings and charming atmosphere.
5. Carrega Ligure, Piedmont
If you’re looking for a property in northern Italy, Carrega Ligure in Piedmont offers a fantastic opportunity. The town is situated near the Apennine mountains and offers homes for just $1. The challenge lies in the remote location and the state of disrepair of some properties, but for those looking to escape the hustle of city life, Carrega Ligure provides tranquility and stunning alpine views.
6. Castropignano, Molise
In the less-explored region of Molise, Castropignano has joined the movement by offering houses for a symbolic $1. The town, located near the mountains, boasts ancient ruins, peaceful streets, and the chance to own a piece of Italian history. Buyers must submit a detailed renovation plan, and the local government actively supports new homeowners in revitalizing the community.
7. Cinquefrondi, Calabria
Nicknamed the “town free from Covid,” Cinquefrondi in Calabria offers a unique mix of history, culture, and affordability. Buyers of $1 homes are required to commit to renovations, but the local government offers assistance in guiding new owners through the process. With its proximity to the coast and the Aspromonte National Park, Cinquefrondi provides both cultural richness and natural beauty.
Italy’s $1 house initiative has attracted global attention and provides a unique opportunity to own property in some of the country’s most charming yet lesser-known towns. While the houses require substantial renovation, the chance to live in the Italian countryside or along its stunning coastlines is a dream come true for many. If you’re willing to invest in the restoration process, these towns offer the possibility of owning a slice of Italian heritage.