Italian town of Laurenzana sells homes for only 1 euro

homes for sells travel

Did you know that you can immigration and get residency in other country with a way you don't come in your mind ?

Yes ! with an opportunity with amazing offer that coming from Europe ! exactly  the beautoful country  Italy . The town of Laurenzana sells homes for only € 1, without conditions, and is more flexible for foreigners. They just have to commit to renewing, restoring and reviving homes.

Where an Italian town named Laurenzana offered its abandoned homes for sale for only 1 euro, without the usual need for the complicated administrative procedures of paying a financial deposit, i.e. a guarantee like what some other cities did. Homes that were previously offered for sale at the same price.

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The city (Laurenzana), located in the southern region of Basilicata on the Italian island of Sicily, made this offer by canceling complicated administrative requirements and legal fees that could rise to more than 5,000 euros for foreigners.

According to the mayor of the city of Laurenzana, that the person who bought the house completes the renovation works within a period not exceeding three years, with the commitment to spend an amount of at least 20 thousand euros to rebuild the homes and revive them again.

Lorenzana is the latest city to adopt a € 1 sale scheme to lure new residents to increase its dwindling population.

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But while most towns and villages require buyers to deposit a deposit to secure their deals, usually in the range of 2000 to 5000 euros, to be recovered once the renovation works are completed successfully, the city of Lorenzana decided not to work with such administrative complications and make the matter easy without paying any A deposit or guarantee.

According to a report by CNN after the initiative was launched in February: Mayor Michel Ungar, the mayor of the Italian city, said that he said we want to help newcomers buy their dream home without complicating the requirements and administrative procedures in the transfer of ownership.

Adding to his words that sometimes, it may be difficult to pass through the complicated administrative procedures, especially if you are a foreigner. He concluded by saying that these offers should be like adventure fun to attract investors.

An important point in this presentation also indicated that they will rely on the "goodwill and commitment" of buyers, while monitoring the progress of work in housing or real estate purchased by foreigners.

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The offer made by one of the Italian cities previously, and it is for the scheme to sell homes for 1 euro, the city of Lorenzana requests that buyers commit to renewing the homes they have purchased, which may be in varying cases of damage due to its age and history, provided that the project is completed within a period not exceeding Three years.

Work must also start within three months of the housing purchase, and the applicant for this offer must buy these housing or real estate willing to spend about 20 thousand euros to renew it.

Buyers applying for this offer must present a comprehensive renewal plan before considering their proposal, but Lorenzana authorities are trying to minimize administrative procedures to facilitate the process.

There are about 10 abandoned homes in the historic city center being sold as part of the scheme, most of them in reasonably good condition, and another 40 homes that need more intense work.


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And through the € 1 initiative that another Italian city started, a man from Britain brought to Sicily a late enthusiast for the project and encouraged people to weave along the lines of this village towards the purchase and renewal of these homes.

This British man named Danny Mc Cobin, a 56-year-old digital consultant who has lived in London for 17 years, and after seeing articles about this offer from the Italian city, took the initiative and settled in Mussomeli , a town of 11,000 people on the island of Sicily.

For more information about this offer and for anyone who is seriously considering and desiring to buy a home in the Italian city of Laurenzana, send a letter explaining your complete request to this email: comunelaurenzana@rete.basilicata.it.
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