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Italian town Penne offers abandoned homes for €1 to revitalize, sold to six buyers since 2022.
An Italian town, Penne, in Abruzzo, is selling abandoned homes for one euro to combat depopulation, with six homes sold since 2022.
Buyers must commit to restoring the houses within three years with no down payment required.
The next batch of over 40 homes will be available soon.
The town, known for its historic architecture and scenic views, offers support for renovations, which start at around 20,000 euros.
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Ciudad italiana Penne ofrece viviendas abandonadas por 1€ para revitalizar, vendidas a seis compradores desde 2022.