This town in Italy is giving away free houses — but there's a catch. The good news is that you will be paid over $9000 if you qualify. Truth is, they didn’t cost 1 euro, but 12,000. I’d estimate higher. The coastal city of Taranto, Italy, home to the impressive Castello Aragonese, pictures, is offering up homes for a little over $1 Paolo Manzo/NurPhoto/Getty Images Jan 18, 2021 - Rent from people in Locana, Italy from $20/night. For the sake of this video, we'll call them dollar homes. 14 ads of houses for sale in Locana from 18.000 euro. The thing is, there are much better deals in Italy than €1 … According to the latest news, the 2020 municipalities in which it is possible to buy houses for one euro, with a subsequent restructuring plan for the revitalization of the property itself, are: All you need to know in order to buy houses for 1 Euro in Italy rent lighthouses, towers, disused coastal buildings, reclaim abandoned areas, and restore unattended stations. Belong anywhere with Airbnb. Italy is a very prominent country in terms of cultural heritage: it boasts as many as 51 UNESCO World Heritage Sites. However, all of its €1 homes will require extensive renovation. IT sounds too good to be true when Italy launches houses for just €1 - with a number of towns and villages offering the "bargain" deals. 8 houses and flats with 1 bathroom for sale in Locana, Italy, from 18,000 euros. Find unique places to stay with local hosts in 191 countries. Declining to just 1,500 residents this year, the community hasn't been improving with 1 birth for every 40 deaths. Discover all the ads from owners and agencies and choose your future home with Immobiliare.it. 13 Charming City Life: Buffalo, New York I’d put the number at more like €25,000. Houses at 1 euro in 2020, list of municipalities that sell them. Another sleepy town in Italy is giving out homes for a Euro ($1.12) to boost tourism in the area according to CNN. Property in Locana for sale direct from owners and real estate agents. In more recent times, Locana, a picturesque village in the Piedmontese Alps, became part of the project, too. Roque says he picked Vergemoli of all places in Italy to buy a one euro house because, despite all that's happened, it remains a dream destination. Which municipalities are currently planning to sell houses for one euro? The mayor of Cinquefrondi estimated between €10,000 and €20,000, but that’s coming from a connected local with an agenda. Narrator: Over 20 towns across Italy have started selling abandoned homes for a single euro, or about $1.10. Nevertheless, including the renovation the new houses cost about 50,000 euro, which is still a deal, considering today’s real estate market. Yes, Italy's €1 homes are back -- and this time, what's up for grabs is a collection of houses in the southern region of Molise. Homes will require extensive renovation been improving with 1 birth for every 40.! 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