$1 And Alter Buys You A House In Italy

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All you want in Italy is a greenback, and a dream home is yours.

The village of Ollolai on the Mediterranean island of Sardinia is promoting a whole bunch of houses for only one euro — or about $1.24, reviews CNN.

The near-giveaway comes with a situation. The homes, constructed from grey granite, are fixer-uppers in tough form. Patrons should promise to rehab buildings they purchase inside three years.

Determine on $25,000 for the house enhancements.

The deal is the brainchild of the city’s mayor, Efisio Arbau, to reinvigorate Ollolai. The inhabitants has dropped dramatically up to now 50 years from 2,250 to 1,300.

“My campaign is to rescue our distinctive traditions from falling into oblivion,” Arbau instructed CNN. Over the a long time individuals have traded life within the gradual lane, the place cheese-, pasta- and basket-making are specialties, for the bustle of larger cities.

They’ve left behind wealthy and colourful historical past — and decaying buildings.

“We have to convey our grandmas’ houses again from the grave,” Arbau stated.

The city has labored to try this since final yr, when homeowners of deserted houses have been contacted and agreed to show over buildings to the city to be bought for a music.

Three houses have bought to this point, and greater than 100 buy requests have are available in.

“We’ve at all times been robust individuals,” stated Arbau, “and received’t enable our city to die.”

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