An Italian town in the southern region of Calabria, Italy, is offering homes for 1 euro ($ 1.10) to encourage people to move there and help restore the place into its former glory, according to greekreporter.com.
Cinquefrondi a town of nearly seven thousand inhabitants has a rich history, dating back to Ancient Greece.
It acts as a hinge between the Ionian and the Tyrrhenian.
A highway crosses through its territory overlapping an ancient path traced by the Greeks of Locri when they found that this part of Calabria is abundantly rich.
Mayor Michele Conia launched “Operation Beauty” in 2020, a project aiming to stop young people from moving elsewhere in search of work.
One year later, he says that “requests have arrived from all over the world.”
Potential buyers “expressed their desire to see part of our history restored”, he told Corriere della Calabria, earlier this week.
The new owners are going through the last bureaucratic formalities so that the houses become, to all intents and purposes, their property, he added.
The idea is that the cheap property in a beautiful setting will lure people to come and give new life to the town.
Another significant advantage of Cinquefrondi is that it has not been touched by the COVID-19 pandemic.
Unlike most of the rest of Italy, Cinquefrondi is a haven of health at the moment.
Nevertheless, buyers are obligated to restore the house they buy.
Renovations shouldn’t cost too much, though, as the homes on offer are quite small, at roughly 40 square meters (about 430 square feet).
The mayor calculates that the costs will be between €10,000 and €20,000.
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