From AbruzÂzo to VergeÂmoli, small ItalÂian towns and vilÂlages have recentÂly been makÂing their hisÂtoric homes availÂable for purÂchase for as low as €1. GivÂen the picÂturesque nature of many of these places, such offers have proven pracÂtiÂcalÂly irreÂsistible to forÂeign buyÂers who’ve made their monÂey and are lookÂing to escape the big-city rat race, or even those simÂply prone to Under the TusÂcan Sun-type fanÂtasies. But this is, of course, more than just a matÂter of wiring a sinÂgle Euro and jetÂting off to a life of rusÂtic beauÂty and simÂplicÂiÂty. As shown in these videos from Explained with Dom and InsidÂer News, you’ve got to put much more monÂey into the acquiÂsiÂtion and rehaÂbilÂiÂtaÂtion of these housÂes, not to menÂtion the sweat equiÂty involved.
“As young ItalÂians increasÂingÂly migrate to the city” — if not to othÂer counÂtries entireÂly — “and choose cosÂmopoliÂtan jobs over rurÂal and comÂmuÂniÂty vocaÂtions, many of Italy’s pretÂtiÂest remote vilÂlages are becomÂing abanÂdoned, with tiny, ageÂing popÂuÂlaÂtions that are beginÂning to die off,” write the IndeÂpenÂdent’s Lucy ThackÂray.
“Some elderÂly ItalÂians have found themÂselves with no one to leave their house to, bequeathÂing it instead to the local authorÂiÂties, who have to decide what to do with it, while some younger citÂiÂzens have inherÂitÂed propÂerÂties in areas they have no intenÂtion of movÂing to.” And so “around 25 ItalÂian municÂiÂpalÂiÂties are makÂing prospecÂtive homeÂownÂers an offer they can’t refuse,” though cerÂtain conÂdiÂtions do apply.
Old and less than immacÂuÂlateÂly mainÂtained on the whole, these housÂes tend to require renÂoÂvaÂtions “in the region of €20,000–50,000 dependÂing on the size of the propÂerÂty.” And the authorÂiÂties do make sure you’ll actuÂalÂly perÂform the work: “new ownÂers are required to subÂmit details of a renÂoÂvaÂtion project withÂin two to 12 months of purÂchase (dependÂing on the locaÂtion), start work withÂin one year, and comÂplete it withÂin the next three.” Add on all the addiÂtionÂal (and often unexÂpectÂed) fees, and even a best-case sceÂnario starts to look pricey. Still, if you’re totalÂly comÂmitÂted to rehaÂbilÂiÂtatÂing a venÂerÂaÂble ItalÂian home — and not just to rent it out to vacaÂtionÂers, which some areas explicÂitÂly proÂhibÂit — it might sound like a fair enough deal.
One thing is cerÂtain: anyÂone lookÂing to buy into one of Italy’s cheap-house schemes (at a price of €1 or othÂerÂwise) should go in with not just sufÂfiÂcient knowlÂedge of domesÂtic archiÂtecÂture and remodÂelÂing, but also a familÂiarÂiÂty with ItalÂian ways of doing busiÂness — which have done their part to conÂtribute to the so-called “ItalÂian disÂease” that has sadÂdled the counÂtry with decades of ecoÂnomÂic stagÂnaÂtion, but aren’t likeÂly to change any time soon. And above all, it should go withÂout sayÂing that the first step of actÂing on a desire to play a part in bringÂing one of Italy’s “ghost towns” back to life is learnÂing the ItalÂian lanÂguage — a task you can start right here on Open CulÂture. Buona forÂtuÂna to you.
RelatÂed conÂtent:
ExplorÂing the GreatÂest of Italy’s 6,000 Ghost Towns: Take a Tour of CraÂco, Italy
Based in Seoul, ColÂin Marshall writes and broadÂcasts on cities, lanÂguage, and culÂture. His projects include the SubÂstack newsletÂter Books on Cities and the book The StateÂless City: a Walk through 21st-CenÂtuÂry Los AngeÂles. FolÂlow him on TwitÂter at @colinmarshall or on FaceÂbook.