The Italian towns selling houses for €1
theguardian.com
The Italian towns selling houses for €1
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Re: The Italian towns selling houses for €1
#2(Pretty sure there have been other HN threads about this, but I couldn't find them. Anyone?)
Edit: thanks everybody!
I bought one of Sicily's famous $1 homes and spent $446K renovating it - https://news.ycombinator.com/item?id=42371806 - Dec 2024 (2 comments)
Italian town is struggling to sell off its empty homes for one euro - https://news.ycombinator.com/item?id=39812671 - March 2024 (28 comments)
Old towns eager for new blood sell Italy homes for $1 - https://news.ycombinator.com/item?id=29058053 - Oct 2021 (124 comments)
1-Euro Houses - https://news.ycombinator.com/item?id=24195000 - Aug 2020 (190 comments)
We bought a $1 house in Italy. Here's what happened next - https://news.ycombinator.com/item?id=21552701 - Nov 2019 (3 comments)
Re: The Italian towns selling houses for €1
#3(Pretty sure there have been other HN threads about this, but I couldn't find them. Anyone?) Edit: thanks everybody! I bought one of Sicily's famous $1 homes and spent $446K renovating it - https://news.ycombinator.com/item?id=42371806 - Dec 2024 (2 comments) Italian town is struggling to sell off its empty homes for one euro - https://news.ycombinator.com/item?id=39812671 - March 2024 (28 comments) Old towns eager f…
Re: The Italian towns selling houses for €1
#4(Pretty sure there have been other HN threads about this, but I couldn't find them. Anyone?) Edit: thanks everybody! I bought one of Sicily's famous $1 homes and spent $446K renovating it - https://news.ycombinator.com/item?id=42371806 - Dec 2024 (2 comments) Italian town is struggling to sell off its empty homes for one euro - https://news.ycombinator.com/item?id=39812671 - March 2024 (28 comments) Old towns eager f…
https://news.ycombinator.com/item?id=39812671
"one euro" was my query
Re: The Italian towns selling houses for €1
#5They been doing it for 10+ years
Re: The Italian towns selling houses for €1
#6(Pretty sure there have been other HN threads about this, but I couldn't find them. Anyone?) Edit: thanks everybody! I bought one of Sicily's famous $1 homes and spent $446K renovating it - https://news.ycombinator.com/item?id=42371806 - Dec 2024 (2 comments) Italian town is struggling to sell off its empty homes for one euro - https://news.ycombinator.com/item?id=39812671 - March 2024 (28 comments) Old towns eager f…
Re: The Italian towns selling houses for €1
#7A core idea is that a house sells for a positive value. But that presumption is likely false.
Houses at unattractive places in poor condition might actually represent a negative value.
As such, even 1 EUR houses might be severely over-valued.
It should be interesting as tax code could also take that into consideration.
Re: The Italian towns selling houses for €1
#8(Pretty sure there have been other HN threads about this, but I couldn't find them. Anyone?) Edit: thanks everybody! I bought one of Sicily's famous $1 homes and spent $446K renovating it - https://news.ycombinator.com/item?id=42371806 - Dec 2024 (2 comments) Italian town is struggling to sell off its empty homes for one euro - https://news.ycombinator.com/item?id=39812671 - March 2024 (28 comments) Old towns eager f…
This looks like a follow-up to the initial flurry of interest. Have seen a few YT videos of this process, and my recollection is that the overall cost was pretty hefty once you factored in required renovation.
Re: The Italian towns selling houses for €1
#9(Pretty sure there have been other HN threads about this, but I couldn't find them. Anyone?) Edit: thanks everybody! I bought one of Sicily's famous $1 homes and spent $446K renovating it - https://news.ycombinator.com/item?id=42371806 - Dec 2024 (2 comments) Italian town is struggling to sell off its empty homes for one euro - https://news.ycombinator.com/item?id=39812671 - March 2024 (28 comments) Old towns eager f…
It's been a very common thing to see over the years, the COVID outbreak was particularly bad in Italy so I guess that took away more of the elderly population while the younger population seek more security and middle class jobs in towns and cities.
Re: The Italian towns selling houses for €1
#10(Pretty sure there have been other HN threads about this, but I couldn't find them. Anyone?) Edit: thanks everybody! I bought one of Sicily's famous $1 homes and spent $446K renovating it - https://news.ycombinator.com/item?id=42371806 - Dec 2024 (2 comments) Italian town is struggling to sell off its empty homes for one euro - https://news.ycombinator.com/item?id=39812671 - March 2024 (28 comments) Old towns eager f…