Search Results for: italy

Top 3 Places In Italy Where You Can Buy 1 Euro Homes

Europe / By
mountain town of casoli in abruzzo

Buying a property in Italy sounds rather extravagant but it doesn’t have to cost a fortune. In fact, it’s possible to find a stone house in a hilltop town with panoramic views for the symbolic sum of 1 euro (US$1.10).

What’s the catch? The properties on offer have been abandoned for decades and require major restructuring. In most cases, though, the cost of renovation is relatively low, from 20,000 euros to 50,000 euros (about US$22,089 to about US$55,223) depending on the size of the house.

What You Need To Know About Italy

Small Italian municipalities have no funds to maintain abandoned properties falling into a state of disrepair. As a solution, many towns and villages across Italy offer houses for sale for 1 euro in an attempt to revive communities.

Potential buyers, Italians or any other nationality, have to submit a form online and explain their plans for the property. In most cases, preferences are given to those who want to open a bed-and-breakfast, hotel, are artisans, or have ideas for other types of businesses that will benefit the community and attract visitors.

When all legal documents are signed, the new owner is required to submit the renovation project within 2 to 12 months (depending on the town), start work within 1 year, and complete it …

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Why Now Is The Best Time To Invest In Southern Italy

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Southern Italy Coastline

If you haven’t spent much time in Italy, this will surprise you: Regional differences are so great that some folks have trouble understanding each other’s dialects.

Standard Italian is the dialect most people understand. It’s what’s used on TV and in the national media and also what you’ll be taught when you learn Italian.

With Standard Italian, you shouldn’t have trouble understanding and being understood in most parts of the country… although there are some Italians who can’t …

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How To Buy Property In Italy: Buying, Closing, And Bureaucracy

Europe / By
A house by a lake in Italy

Bureaucracy.

This is the most common word used to describe the property-buying process in Italy. An official public notary is appointed by the Italian Ministry of Justice to oversee the real estate-buying process. So you might think that Italy is one of the few countries where foreigners can navigate the purchase process unscathed without an attorney…

Well, you’d be wrong.

The notary acts as a neutral party in the transaction, as his only job is to follow Italian law. The final deed, although prepared by the notary, is based on the contract details established by the buyer and seller. The notary’s job is strictly to ensure that everything is legal.

Your attorney is responsible for conducting due diligence on the property, negotiating the best contract terms and conditions, helping the notary draft the deed, providing legal advice, and coordinating payment transfers. Your attorney ensures that everything has been done correctly on your behalf. …

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Italy’s Undiscovered Region That’s Massively Undervalued

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Abruzzo, Italy

One Year Later, Interest In These Properties Has Increased Nearly 200%

Considered the greenest part of Europe, with three national and five regional parks, this spot boasts beautiful coastal towns, charming medieval hamlets, and hilltop villages with breathtaking panoramic views—who wouldn’t love this ideal location?

The climate here is typically Mediterranean, with four seasons and very mild winters. Situated on the Adriatic Sea, it’s a coastal region with 134 kms of beaches, but it’s also a mountain region with well-known ski resorts and the highest peak in the Apennines.

This diverse place is Abruzzo, located in Central Italy. …

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How To Buy A Home In Italy For Less Than A Cup Of Coffee

Europe, Top Investments / By
Coffee and sweets on a terrace in the Italian countryside.

If you’ve ever dreamed of owning a home in sunny, scenic Italy but thought you couldn’t afford it, read on. I’ve found two perfect opportunities for you.

How about a historic stone home on the island of Sardinia for the low, low price of 1 euro? No, that’s not a typo. That’s only US$1.23 at today’s exchange rate. The picturesque town of Ollolai, Italy, is offering more than 200 homes for 1 euro if you agree to a few simple terms. …

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An Undiscovered Part Of Italy With Excellent Property Prices

Leave a Comment / Europe, Featured, Property Regions, Property Types, Top Investments / By
This beautiful countryside hides Italy’s best values

Plus: What Happened To Europe?

Like the rest of Italy, Abruzzo has history, art, and delicious cuisine, as well as beautiful scenery that will change with the seasons. But because this region remains relatively unknown, prices are lower than in many parts of the country, which makes Abruzzo one of the best values in Europe today.

With 82 miles of white sandy beaches, the high peaks of the Apennines, and everything in between, Abruzzo is an undiscovered paradise that unites all of Italy’s best features. I’ve lived here for more than 24 years now, and I can tell you first-hand that there’s nothing quite like Abruzzo; it’s unique in Western Europe.

In Abruzzo you’ll discover ancient towns and enjoy their traditional festivals, explore endless national parks, go cycling through a wide variety of environments in the region, go skiing in one of the 22 ski resorts, or simply relax by the sea on our beautiful beaches.

Located on Italy’s eastern coast overlooking the Adriatic Sea, Abruzzo is the greenest region in Italy. We have three national parks and one regional park, and we are home to 75% of the species of fauna that live in Europe—almost 40% of our territory is under environmental protection to guarantee their survival.

Based on where you are in Abruzzo, you will find different climates. The seaside has a typical Mediterranean climate, with hot and dry summers (temperatures can go higher than 100°F) and mild winters with minimum nighttime temperatures of 48°F. But if you are up in the mountains, winters are cooler and snow is not unexpected as the temperatures go below the freezing point. Summers in the mountains are warm (around 86°F) with a pleasant breeze to keep things comfortable.

Pescara, L’Aquila, Chieti, and Teramo are the main cities that claim different parts of the territory. Pescara, the biggest city in Abruzzo, is on the sea and is the most modern of the main cities. It has good connections with all of Italy as well as ferries that cross the Adriatic Sea, bound for destinations such as Croatia. …

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