Have you ever seen an advertisement to sell a house for less than one dollar ?, This is what happened in Croatia, where the Croatian city of Legrad announced the sale of homes and land, in exchange for paying only one Croatian kuna (0.15 dollars), in an attempt to increase the population, because The city is accelerating the population decrease. From there, the idea came to bring foreigners and settle in the city.
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An underpopulated part of Croatia is offering homes and land plots for as little as HRK1 ($0.15) in an attempt to reverse population decline and fill vacant workplaces.
Croatia is experiencing a long-term population decline and increasingly relies on foreign workers, especially in seasonal sectors such as tourism and construction.
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State broadcaster Hrvatska radiotelevizija (HRT) reported from Legrad, a small town of 2,241 people close to Croatia’s border with Hungary, where the municipality is offering the homes and land plots it owns to young families for HRK1, as well as subsiding home purchases with up to HRK35,000 and renovations with up to HRK25,000.
The purchase of the property can be concluded, provided that the buyer is under the age of 40. He must also stay for 15 years in Legrad.
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The city's mayor, Ivan Sabolic, said :
“We have the lowest unemployment rate in the county, given the proximity of the large centres of Koprivnica, Ludbreg and Prelog. We have virtually no unemployed person, that is, we are looking for more workers,”
The HRK1 homes are just one of the initiatives launched by Croatian municipal authorities to attract and retain young families.
Source: bne IntelliNews