The town of Laurenzana in Southern Italy's Basilicata region has launched a one euro home scheme.
Comune Laurenzana
"At times it can be difficult to navigate through regulation, particularly if you're a foreigner. We want this adventure to be a pleasure, not a burden."
"That's why we are not asking for any deposit guarantee to ensure the works are speedily carried out. It sounds as a sort of threat.
"We rely on the good faith and commitment of buyers, but we will be constantly monitoring the work-in-progress and status of the renovation."
Authorities have also opted to keep paperwork costs to a minimum, while buyers will also benefit from southern Italy's relatively low local taxes.