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1-Euro Houses

1eurohouses.com

191–196 of 196 posts

Re: 1-Euro Houses

#191
post #170

Earlier quoted context omitted.

I was speaking to Europe in general, but good to know about Germany specifically. I was asking about Europe generally because it seems like I’ve heard of a number of European countries struggling with declining populations in recent years, and if it’s a problem throughout the EU, then perhaps the EU would be better off by loosening its immigration requirements.

It's mostly a problem in countries that aren't doing well economically and thus their young people leave to other (mostly also European) countries. You cant make immigration easy only in these countries as once you are in the EU you can then move to any other EU state (there is some wait required, like a year I think). So people will basically use these as a jump off point to the countries they actually want to go to…

Right. That makes sense. If it’s not a pan-EU problem then easing immigration restrictions across the EU won’t help. I wonder if they could be more creative, for example, allowing people to work in those countries with negative population growth but not the wealthier countries (e.g., Germany). Maybe after working in a poorer country for 5-10 years you earn the right to work anywhere in the EU.

But yes, investment in poorer countries also seems reasonable.

Re: 1-Euro Houses

#192
post #77

This isn't really a 1 Euro house: - Envisage a restructuring and re-evaluation project within 365 days of purchase. - Support notarial fees for registration and volture. - Once all permits are granted, works must start within a maximum of 2 months. - To guarantee the faireness of the purchase by the buyer, the municipality asks to enter into a surety policy of 5 thousand euros lasting for three years that is then ref…

So it's about the same as buying a plot of land (where you usally need to build something within a period of time). €1 for a plot of land isn't terrible either. There used to be seaside plots for €1 in northern Sweden, with the caveat that you need to live there permanently for 5 years.

If I'm not mistaken there are still lots of 100$ plots on HemNet with the same requirements.

Re: 1-Euro Houses

#193
post #172
post #169

Earlier quoted context omitted.

When I said source I meant something other than more anecdotes.

People's personal experience is not an anecdote...

No offense, but from what I know that is exactly what an anecdote is. As for your claim about the mafia, I have no idea personally but good thing you mentioned it.

Re: 1-Euro Houses

#194

Italians are well known for being scammers, lazy and unprofessional. If you buy a place there - you are crazy.

Do we really need to discriminate against an entire nationality? What the hell is this nonsense?!

Agreed, although the comment was quite hilarious in the same time.

Re: 1-Euro Houses

#195
post #21

don't fall for it. The market says these aren't worth buying. Don't go against the market.

> There's an old joke that has two economists coming across a $20 bill on the sidewalk, which goes: > The young economist looks down and sees a $20 bill on the street and says, "Hey, look a twenty-dollar bill!" > Without even looking, his older and wiser colleague replies, "Nonsense. If there had been a twenty-dollar lying on the street, someone would have already picked it up by now."

I saw a poster in the police station (where we get our passports), saying: would you buy 500SEK for 100SEK? ... Etc

Re: 1-Euro Houses

#196
post #17

I looked into this pretty extensively when Italy announced it and like most government initiatives there it's a borderline scam and was done for the PR not because it makes sense. Each of these houses requires extensive renovation work, usually of the type that can only be performed by an expensive specialized contractor. Besides the expected costs for this work (Which will be at least 20k Euros up to 200k or more) y…

Tbh I dislike this post. Too cynical. Sounds like you were expecting a house for 1eur which was in a moderate need of whitewashing?

How about someone who knows a bit of plastering, welding, painting, plumbing and waterproofing? Still a bad deal for them?

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