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Italian Town Launches €1 Homes Scheme - How Much Do They REALLY Cost?

Buyers must renovate abandoned homes and pay fees as the town aims to curb depopulation and attract new residents.

Summary by dailymail.com
A small medieval town in Sicily has become the latest Italian destination to offer homes for just €1, but buyers could face renovation costs and other expenses.

4 Articles

Own house in Sicily for the price of a cup of coffee — this is exactly the opportunity offered by the Italian city of Naro. Housing is sold for 1 euro even to foreigners, but real costs begin after purchase.

For those who feel like burning a 1 euro coin in their pocket, the medieval Sicilian city Naro offers houses for almost nothing. But, before you pack your bags, there are a few things to consider, writes...

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Euronews broke the news in Lyon, France on Monday, August 24, 2026.
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