I don’t know about you, but I often dream about moving to another country. It sounds exotic and just amazing – getting away from everyone and everything I know and starting over. Ahhh… I can dream. Because it seriously takes a ton of moolah to do that.
Or does it?
One small town in Italy thinks it can woo you into purchasing a home there by selling it for $1.
Sambuca, a small town in Sicily is selling dozens of old homes. DOZENS. So it’s not just one we’re talking about here.
You might be skeptical, and chances are you’ve heard about this kind of thing before, but this one is a little different.
First, the town owns the houses and property. There is no intermediary, no middle man. It’s not a scheme or some type of promotion to lure tourists in. The town will literally sell you the home for $1.
Ready for the catch?
You’ll need to agree to repair the home. The homes range from about 400 to 1600 square feet and many of them are is a dire state. The cost to repair? Only about $17,000 dollars, US. Which really isn’t that bad of a deal.
You’ll also have to pay an almost $6000 security deposit that will be fully refunded once the repairs to the home are complete.
Want more details? Take a look: