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1-Euro Houses

1eurohouses.com

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Re: 1-Euro Houses

#181

Post by taejo »

literallycancer wrote: post #65
corty wrote: post #55

Earlier quoted context omitted.

Yeah, but you won't. Conservation laws will prevent you from tearing down the old house and instead oblige you to invest to prevent it from falling over on its own.

It's Southern Europe. Ask the locals how often they wait for the bureau to allow repairs and how often they just go ahead and do whatever changes they feel are needed.

Be sure to ask the locals how often they get away with that vs. how often foreigners get away with it (especially foreigners who've paid a 5000-euro deposit and explicitly promised not to do it, in exchange for a 1-euro purchase price)

Re: 1-Euro Houses

#182

Post by namero999 »

philprx wrote: post #153

Assuming plenty of time, not much luxury taste, wanting to ramp up tech skills, limited (but existing) funds Buy one, establish a hacker space, hold regular events, show the awesome projects you do, try to have community-positive impacts. Do some remote gigs for funding. At worse you get kicked out because people don't get technology, don't want you around, find out you're not going to be a source of income. At best,…

If you ask me, not at all. That's precisely what I'm working on (or at least, it's a part of the project).

Re: 1-Euro Houses

#183

Post by amzans »

imtringued wrote: post #35
ido wrote: post #24

Earlier quoted context omitted.

Heck, there are a lot of properties in Germany (where there are actually jobs) that would require less than €200k. People here say these are remote but that is really mostly just how "spoiled" (in quotes because I'm "spoiled" that way too!) Germans are with commute. You can be 1 hour drive away (including traffic) from many fairly central places in Berlin & have very cheap housing outside the city (partially this is…

Germany is a good choice. Very low cost of living relative to job opportunities.

Only if you rent or stay far away from the hotspots. Germany has one of the lowest home ownership rates recorded at 41%.

In Munich, an average Unfortunately doesn't add up when salaries in tech are 55-85k EUR, with net income somewhere around half of that.

But yes, outside of purchasing real estate, cost of living is pretty good relative to quality of life.

Re: 1-Euro Houses

#184

Post by rwmj »

abeppu wrote: post #85

People on this thread rightly point out that this isn't a great deal b/c the costs to actually get it to livable condition, along with conservation constraints might be quite significant. I think an interesting point of comparison is Japan's policies around abandoned houses, and efforts to try to prop up vanishing rural communities, where aside from repair/renovation and administration costs, the owner can also be ob…

On a similar point, this video goes through the costs of buying an abandoned house in Japan: https://www.youtube.com/watch?v=TwRjO3kHxU4 To be fair, although there are a lot of "extras", the sums involved still seemed relatively small.

Re: 1-Euro Houses

#185

Post by jefftk »

toomuchtodo wrote: post #166
cortesoft wrote: post #159

Earlier quoted context omitted.

You can always build higher!

Anything over 5 stories gets expensive per sq ft quick.

Even five stories would let you get about double a density we have today. The typical Somerville home is two full stories and half a third story.

If it were legal to build much taller, though, I do think people would be happy to do that next to the subway stations. Yes, the cost goes up, but people are very interested in living right next to the station.

Re: 1-Euro Houses

#186

Post by cyberdrunk »

mr_toad wrote: post #164
pantalaimon wrote: post #132

Earlier quoted context omitted.

> There is one way out of the housing price trap: telework plus ubiquitous broadband via things like 5G and Starlink. I don’t buy that. People don’t like to live in cities primarily because of jobs, but because living in cities is fun. People like to be close to other people, exchange with others and their community. Living in a small town sounds depressing to me, no matter how fast the internet connection might be.…

> People don’t like to live in cities primarily because of jobs, but because living in cities is fun. This is mostly only true of younger childless people. Once you have kids you can forget about having any fun for the next 15 years or so. And after that, well, how many 45 year olds do you see in nightclubs?

Fun is more than nightclubs. Where I live, I have fun just by walking the streets, admiring the varied and pretty architecture (granted, I live in Poland), seeing the various characters which walk the streets, eating/having snacks at the many food outlets available etc. In a rural setting, you exchange all that for easy access to a lot of nature.

Re: 1-Euro Houses

#187

Post by jefftk »

an_opabinia wrote: post #167
jefftk wrote: post #148

Earlier quoted context omitted.

I'm not sure what distinction you're getting at? I'm in Somerville Massachusetts, houses are very expensive, and the land is all built out. If you tore down a house, you would not be able to build as large a house in its place, in almost all circumstances. You definitely couldn't build a bigger one. What are you trying to get at with "new houses" versus "new homes"?

It’s funny because barely any houses in Somerville are up to code. It’s like less than 5%. So the regulations have achieved a double nothing.

The regulations came into place after Somerville was almost entirely built out. What they achieved was preventing additional building, which may or may not have been the intent.

Re: 1-Euro Houses

#188

Post by biolurker1 »

ThePowerOfFuet wrote: post #105
iagovar wrote: post #5

Im +30 in Spain and I thought the demographic winter would land some great opportunities to buy a home. But looking into some deserted municipalities everything keeps being expensive, despite the extremely low demand (and I know this because I scrape the listings and track em). If I want to buy a shitty house that needs restoration I'm investing over 200k. Not to mention that the land registry holds values way above…

This is super interesting, because the land registry in Barcelona reflects something like 25% of market value today for cadastral value, and was even less before their recent adjustment (+50% in my case) a couple years ago.

Explain more?

Re: 1-Euro Houses

#189

Post by alkonaut »

ProZsolt wrote: post #177
alkonaut wrote: post #125

Earlier quoted context omitted.

Yeah I mean for $1 I expect a shed without running water but I expect most of the cheapness to be due to high fixed costs and low demand, e.g. because of a non-existent job market. Now that tons of people with good tech jobs can work from almost anywhere, I expect some of these remote locations to become quite poopular. I wouldn't mind spending summers in a shed in a remote part of Italy, for example.

The problem these small towns rarely have adequate internet for remote work. I hope this will change with Starlink.

4G is more than enough for what I need (I'm going to assume now that anywhere at all populated in these countries already have decent 4G or will have within the foreseeable future). This is the case already in e.g. Northern rural Sweden. It's far far less densely populated than anywhere in Italy.

Re: 1-Euro Houses

#190

Post by ido »

amzans wrote: post #183
imtringued wrote: post #35

Earlier quoted context omitted.

Germany is a good choice. Very low cost of living relative to job opportunities.

Only if you rent or stay far away from the hotspots. Germany has one of the lowest home ownership rates recorded at 41%. In Munich, an average Unfortunately doesn't add up when salaries in tech are 55-85k EUR, with net income somewhere around half of that. But yes, outside of purchasing real estate, cost of living is pretty good relative to quality of life.

Right but Munich is the worst in all of Germany, rather than a typical example. It's like quoting SFBA housing costs as an example for the US.
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