Italy's 1 Euro Homes: Too Good to Be True? (Secrets NOBODY Told you)

[@the_expat]

Check our video where we cover other Italian regions for retirement abroad here: kzbin.info/www/bejne/fIqroGSsiKqNqq8si=j4Cea6sQWhGryjnH The method I use to learn new languages which I recommend is this one (by using this link we both get a Bonus!): www.lingq.com/?referral=LevideSouza

[@Valeapenacomprar2024]

This city of Troina looks stunning! At first I thought it was in the alps :O

[@vaniog29]

Plot twist, you'll also need all of those permits and costs in all of Italy. And the price of the renovation will be around the same there. Only here you won't be paying 200k minimum for an abandoned property , like you would in an italian city, in addition to the renovation. Also some of the initiatives actually provide help with the bureaucracy. It's not for everyone, but for some it's an amazing opportunity.

[@the_expat]

"you'll also need all of those permits and costs in all of Italy. " True!

[@raddude3858]

Dah greaseballs messed up 0:33

[@GiovannaSessa]

😂 for a moment a thought "boca de cullo?" 😮 Gracie for explaining I speak a bit of Italian 😂😂😂😂😂😂

[@the_expat]

Welcome 😂

[@jacquelinejohnson7541]

There was houses in Liverpool UK🇬🇧 a pound u get a certain time limit to do it up to gas and electric and plumbing standard and the rest of the house to ,the council inspect if inspection fails they council keep the house even if U have spent £50.000 doing G it up U have then lost Ur dream home U have lost Ur money and possibly left in debut,is it the same rules there 😱🇬🇧

[@the_expat]

Very interesting! So likely Italy got some inspiration from GB.

[@Walter-b4t-g5t]

Yes the same, you'll have certain time given for restoration, if you fail you lose it

[@Walter-b4t-g5t]

Of course isn't true, nobody would even sell a pillow for 1 euro, I am from Sardinia (Italy) and these houses are just ruins, where you cannot even live in but you need to fix it with around 80-90 thousand euro in a short time, in some cases there are more requirements like residency and income, those towns are abandoned by his own citizens for many reasons like the lack of transportation, business and not even entertainment, if it was a real bargain the local people would take it immediately but there isn't any value (and btw you pay a lot more than the value)

[@Kervath]

Why does it even exist with 1mil immigrants a year or more? Can't they get those 'houses'?

[@the_expat]

It is emigrants. People are leaving Sicily, not arriving.

[@lillic8522]

Immigrants go to live where there are jobs, in those small villages in the middle if nowhere there are none - that‘s why these houses are empty in the first place.

[@the_expat]

Good point.

[@zippymufo9765]

​@@the_expatMore than a few people were planning to flip these houses for a profit after remodeling but screwed themselves because no one wants to move there. It was basically a big job giveaway to local contractors 😂

[@Hhd-z1u]

They should give a few of them away to people who never had been able to buy houses.. disabled.. homeless.. not just to rich people

[@the_expat]

The problem is that the job market there is pretty much ZERO. So to live there, someone should have an income from abroad.

[@Walter-b4t-g5t]

A homeless or disabled can't survive there, they are just looking for rich/silly people who would pay the restoration of their ruins and bring some benefits, they definitely don't need poor people

[@tungabar2457]

I tAke All 1$houses