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How this €1 Italian home scheme is different from the rest Andrea Smith 12 March 2021 The village of Laurenzana has its origins in the Middle Ages © Massimo Piacentino/Reda&Co/Universal Images Group via Getty Images Those who fancy the idea of purchasing a bargain Italian house may be interested in a town that is offering €1 homes and waiving the requirement for purchasers to pay a deposit. The town of Laurenzana is located in Potenza in Italy s Basilicata region. It is offering abandoned houses in different sizes through the scheme to encourage newcomers to move to the area, reports CNN. There are a number of similar schemes operating throughout the country, and while the regulations may differ slightly depending on the town, such schemes usually require buyers to hand over a deposit of several thousand euro.

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