An Italian town called "Troina", located in Sicily, resorted to a new trick to bring people and immigrants to come and settle there. It decided to sell a number of old houses for a symbolic sum of just one euro, following the example of many other towns that took the same step, such as the village of Musumeli and the village of Zinguli.
Issued a while ago, the town of Troina has chosen to offer its homes at a very low price, i.e. a symbolic price only, as the local authorities are keen to attract new residents to the old area whose residents abandoned in parts of the town, and they offer assistance in the renovation costs to buyers. Who agree to reside in it.
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An attempt to save the town and limit the migration of residents from it
Mayor Sebastiano Fabio Venezia said he hopes the plan, which began in late November, will bring a new lease of life in the historic center of town.
The area has been in decline over the past few decades, as many locals have mobilized and moved to more modern homes in Troina, or leave town altogether. According to what was quoted a report by the American CNN.
Mayor Sebastiano also told in his speech, "I want to save our ancient region and restore its lost greatness, when it was the Norman capital of Sicily." "The old urban environment must be completely redesigned, and I intend to do so quickly," he added.
In order to expedite the sale process, Sebastiano, the mayor of Troina village, has created a multilingual task force of housing and legal experts; To help new buyers, plus an online agency called HouseTroina. You can log in to find out about residences in the small town.
How can these homes be acquired to benefit from them for housing or to make them a guesthouse?
Although houses at a price of one euro are very attractive for everyone who wants to have a home in another country, it is expected that this destination here, the village of Troina, will bring many people who want to take advantage of the opportunity and the tempting offer.
“We don’t want potential buyers to get lost in the bureaucracy or intimidated by boring procedures and paperwork,” explained the mayor, Mr. Sebastiano.
While international travel is currently limited due to the ongoing pandemic, buyers can view properties available on the site and send a draft remodeling project to the team via email: casea1euro@comune.troina.en.it
According to Mr. Sebastian, mayor of Troina village, he said that more than 30 dwellings were available at a price of 1 euro immediately, while it was likely that 100 more would be put on the market once the previous owners delivered them to the town.
There are guarantees, of course, for the immigrants who will stay
The project is currently operating on a first-come-first-serve basis. However, if the demand increases, the mayor's office will choose based on the quality of their remodeling plans.
Those who choose to purchase one of the available properties must immediately agree to the terms. Buyers are expected to pay a guarantee of € 5,000, which will be returned to them once the renovation works are complete.
While the final remodeling plan can be submitted a year after purchase, work should begin two years after the buyer acquires the property. Finally, renovation work must be completed three years after purchase.
This is an opportunity for those who want to invest other than moving to this Italian city on the island of Sicily or making the house a guest house.