What s better than finding a €1 home in a medieval Italian village? Getting paid €25,000 to turn that diamond in the rough into a dream villa.
Troina, a historic Italian town that was once the capital of Sicily, is offering buyers of its bargain homes up to €25,000 in support for renovation costs.
Troina is among several Italian towns that have been trying to lure new residents with real estate bargains in an effort to revitalize themselves. The town officially one of Italy s most beautiful plans to auction off 30 houses online in the coming months and expects to sell 100 additional homes in the future.
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In the northeast region of Sicily, Italy, is a small prehistoric town called Troina, which boasts all the trappings of, well, a small prehistoric town. There’s a crumbled castle and vestiges of an ancient cemetery, walking trails once trod by shepherds, and cobblestone paths beneath arches. Summer brings fairs, festivals, and theater performances; and the stars, far from urban interference, shine extra bright. The sky isn’t the only striking sight; Troina is nicknamed the “Balcony of Sicily” for its views of the surrounding landscape, which includes the still-active volcano Mount Etna to the east.
Silvia Marchetti, CNN ⢠Published 14th January 2021
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(CNN) â If you ve previously been tempted by the prospect of buying a crumbling house in Italy for one euro, this latest move by a town to lure newcomers might just convince you to take the plunge.
The Sicilian town of Troina is joining the likes of Mussomeli and Zungoli by putting dozens of abandoned homes on the market for less than the cost of an espresso.
In fact, local authorities are so keen to attract new residents to the town s dwindling ancient district, they re offering to help with the renovation costs of buyers who agree to take up residency.