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'Covid-Free' Village In Italy Is Selling Homes For €1

'Covid-Free' Village In Italy Is Selling Homes For €1

The mayor of Cinquefrondi is looking to entice buyers in to renovate its abandoned homes

Dominic Smithers

Dominic Smithers

By now, I think most of us are pretty sick of the sight of our own homes and in desperate need of a change of scenery.

Well, as luck would have it, the local government in the Italian village of Cinquefrondi is flogging a bunch of homes in its 'historic' quarter for €1 (90p). Yes, you read that right. Less than a quid.

The bargain offer comes as part of the council's plan to rejuvenate the area, 'Operation Beauty' as it's been called, in the hope of fixing up some of its struggling properties.

Buyers will be expected to renovate their properties within three years - but even so, it's still a steal.

And if that wasn't enough to entice you, the village in the southern region of Calabria also claims to be 'Covid-free'.

Guiseppe Tripodi/Municipality of Cinquefrondi

Speaking to CNN, Mayor Michele Conia said encouraging new people to move to the area was vital for its future.

He said: "Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty [mission] that I have launched to recover degraded, lost parts of town.

"I grew up in Germany where my parents had migrated, then I came back to save my land. Too many people have fled from here over the decades, leaving behind empty houses. We can't succumb to resignation."

Despite being located in a beautiful part of the country, with Aspromonte National Park nearby, Mr Conia says the empty properties are a blight on the landscape and desperately need attention.

Adding: "We rise between the refreshing hills and two warm seas, a pristine river runs nearby and the beaches are just 15 minutes away by car. But a whole district of my town lies abandoned, with empty houses that are also unstable and risky."

Guiseppe Tripodi/Municipality of Cinquefrondi

So, how does the offer work?

Well, anyone looking to snap up a property has to agree to pay an annual insurance fee of €250 (£224) until work on the property is completed.

If the owner fails to meet their commitment to complete the renovation within three years, they will be liable for a fine of €20,000 (£18,000) to the Municipality of Cinquefrondi.

Mr Conia said: "We're just asking for some kind of certainty once a new buyer commits to the project. The policy fee is very low and the cost of a restyle here is within €10,000 to €20,000 [£9,000 to £18,000], given the dwellings are cozy [and] tiny."

For more information, visit the Municipality of Cinquefrondi's website here.

Featured Image Credit: Guiseppe Tripodi/Municipality of Cinquefrondi

Topics: World News, travel, Italy