The 1-euro home initiative has gained widespread attention, attracting buyers from around the world eager to own a property in Italy at an incredibly low price. However, not all towns and villages offer this unique opportunity, so it’s essential to know where to look.
Sicily: The Heart of the 1-Euro Homes Program
The project began in Sicily, with the town of Salemi (Trapani province) being one of the first to sell homes for just €1 in 2008. Since then, the initiative has expanded across southern Italy, where many small towns face depopulation and struggle with abandoned properties.
In Sicily, towns like Mussomeli and Cammarata in the province of Caltanissetta offer a selection of €1 homes, often in picturesque, rural settings. Other areas in Sicily, such as Gangi and Regalbuto, also feature homes for sale under the program.
Central and Southern Regions
Moving inland to Abruzzo, the town of Penne in the province of Pescara has gained popularity with its €1 homes, drawing interest for its medieval charm and proximity to the mountains. In the Marche region, towns like Cantiano and Monte Urano have joined the program, offering historic homes at bargain prices.
Further south, in Puglia, the provincial capital of Taranto is the first major city, and one of few coastal locations, to participate in the 1-euro home program.
Northern Italy: Expanding the Scheme
Although the 1-euro home initiative was initially concentrated in the south, it has since reached towns in northern Italy. Areas like Borgomezzavalle in the Piedmont region and Triora in the Liguria region are now offering homes at symbolic prices, albeit with higher renovation costs due to the differing real estate market in the north.
How to Buy 1-Euro Homes
To purchase a 1-euro home, potential buyers must first contact the local municipality directly. Many towns require that buyers visit in person to see the properties before making an offer. Be prepared for additional costs, including renovation commitments, notaio fees, and a surety bond.
While the locations of 1-euro homes span the country, southern Italy remains the heart of the project, offering the best selection for those looking to invest in rural revitalization. Whether you’re seeking a rural retreat in Sicily or a historic renovation project in Abruzzo, the 1-euro home program offers a unique opportunity to live the Italian dream—if you’re ready to take on the challenge.
