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You Can Now Buy A Home In Sicily For Just $1

…Bye.

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Anyone in their 20s has probably come to terms that home ownership is not remotely in sight any time soon. It just isn’t.

Though if you’re getting sick of burning your money away on rent and dealing with shady landlords, Sicily could offer a very appealing alternative.

In today’s society, it’s harder than ever to get your foot on the property ladder unless you’re one of those w*nky couples you hear about who saved from the age of 12 and only ate Pot Noodles for a decade to afford a two-up, two-down in Scunthorpe. Thankfully, one town in Sicily is welcoming everyone with open arms.

According to CNN, the Sicilian town of Sambuca is asking for new residents to help boost the mountain town’s economy. As well as boasting the best name for a town I’ve heard in a while, Sambuca has cobbled streets, sea views, and a picturesque backdrop of lush greenery.


Giuseppe Cacioppo, Sambuca’s deputy mayor and tourist councillor, told the site, “As opposed to other towns that have merely done this for propaganda, this city hall owns all €1 houses on sale.”

“We’re not intermediaries who liaise between old and new owners. You want that house, you’ll get it no time.”

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Corso Umberto I Photo @donna_sicula

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The Sicily news comes after recent reports that Japan is giving away homes for free. Japan has so many abandoned homes (akiya), the government is literally giving them away for free.

Due to an ageing population in rural areas of the country, whole rows of houses are being left abandoned when their owners pass away. Some sources suggest that by 2033, over 30% of all homes in Japan will be classed as akiya.

Cycling into the centre of Sambucca to pick up a bottle of Italian plonk and some crusty bread before returning to your $1 home sounds ideal. However, before you stick the middle finger to your parents and vow never to darken their doorstep again, that $1 home might be a little further away than you first thought — this obviously comes with a catch.

Houses range from 40 to 150 square metres are in need of some upkeep. New owners have just three years to complete renovations and must spend at least  €15,000 on the revamp.

There’s also a €5,000 security deposit that will be refunded when the work is complete. Still, it’s a snip to own your own slice of big pizza pie just like mamma used to make.

 


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