free real estate

It’s free real estate – properties for 1 Euro

The ‘it’s free real estate!’ meme, a line from a Tim & Eric Awesome Show, definitely comes to mind when looking at the latest property ads on the cheap real estate market. I could not believe it myself and was actually contacting the advertiser and told them to change the price to the actual value.

To my surprise all three properties the real estate agent offered for 1 Euro each turned out to really be for only one Euro. Of course, the one Euro is just a symbolic price.

But where is it and Why?

The location is beautiful Sicily. Apparently, that’s where several towns are testing the 1-euro scheme.

With this initiative, small towns with shrinking populations aim to repopulate the old town and recover abandoned real estate.

Those who purchase a building are free to use it as a home, hotel, B&B, restaurant, or shop — although tax incentives may be given to those who decide to stay and live there.

It perhaps sounds too good to be true, and there is, of course, always a catch. In reality, if a home for €1 sounds too good to be true, that’s because it is. €1 won’t get you a house that’s ready to move into. You have to be aware that you are buying a fixer-upper that comes with a few conditions.

The small town of Bivona is the latest destination for real estate tourists hoping to get one of the cheap houses. Make no mistake, Bivona is no ghost town. It is located at the foot of Monti Sicani, an area full of history and beauty. You can see more information about the project here: https://1eurohouses.com/case-a-1-euro-a-bivona/

If you are interested to get on with the sale right away, you will be happy to know that “My House” is the agency which has been appointed by the Town Hall of Bivona to handle the sale of these 1 euro properties. You can find their website on www.propertiesinsicily.com.

Did we made you curious to see some real offers of cheap real estate in Sicily, then visit our website https://www.propertyunder20k.com/

When will you get your free real estate?

8 thoughts on “It’s free real estate – properties for 1 Euro”

  1. How are you?
    I browsed your website and find fascinating idea about purchasing building for the 1 euro, have renovated within support of local companies, local municipalities support for the obtaining some necessary permits and the most important preserve historical parts of town, increase infrastructure of the local business and actually enjoy living there too.
    Yes, I do understand that business plan will be requested at first place.
    First place, I like to ask what properties available in the sardigna as waterfront and suitable for the bed breakfast business or Tuscany as little farm ranch business with bed breakfast option.
    I had opportunity to work with bertoldo impianti and deffenatly will go with them as source of affordability efficiency in renovation of building electric, communications and lighting systems installation it’s for sure.
    Your help will be appreciated very much.
    Regards,

    1. Hi Irina,
      Thank you for using our website.
      Please note that the only service we offer is a free listing of property advertisements.
      Please feel free to contact the advertisers directly. You can do so by filling the contact form that is located on the page of the property details.
      If you are looking for ads in specific locations or price ranges you can sign up to be notified every time a new ad is posted that fits your search criteria.
      To set up your search alert please visit https://www.listproperty4free.com/manage-my-searches.php
      Thank you.

  2. Hi I’m interested in buying a property for 1€ – Tuscany primarily or any other region.

    Please let me have an up to date list.

    Yours sincerely,
    Richard

    1. Hi Richard, thank you for your message. We do not have such a list. Everyting we know of is available online on our website.
      If you are looking for real estate ads in specific countries or price ranges you can sign up to be notified every time a new ad is posted that fits your search criteria.

      To set up your search alert please visit https://www.listproperty4free.com/manage-my-searches.php

      Thank you.

  3. Hello
    Can you please inform me about £1 property I Italy around the seaside .
    Thank you
    Galina

    1. Thank you for getting in touch with us.
      Please note that the only service we offer is a free listing of property advertisements.
      Please feel free to contact the advertiser directly. You can do so by filling the contact form that is located on the page of the property details.
      If you are looking for ads in specific countries or price ranges you can sign up to be notified every time a new ad is posted that fits your search criteria.
      To set up your search alert please visit https://www.listproperty4free.com/manage-my-searches.php
      Thank you.

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