No, it's not a joke, the Italian town of Cinquefrondi, in Calabria , in the province of Reggio Calabria, is selling houses at the symbolic price of €1 !
To encourage the recovery and repopulation of the historic center, the municipal administration has practically decided to give away some abandoned houses that have not been inhabited for many years, with the hope of revitalizing the country .
The village is beautifully situated between the Calabrian hills , halfway between the Tyrrhenian Sea and the Ionian Sea and a short distance from wonderful beaches in the area .
There are currently for sale 3 houses and potentially another 50 apartments may be available in the future, ready to be purchased at the cost of a coffee!
What are the conditions for buying a house in Cinquefrondi?
In addition to the payment of €1, the future owners undertake to renovate the property in certain times and bear the notary fees for the deed.
If you are interested, you can contact the municipality at this e-mail address: cinquefrondicase1euro@gmail.com
For more information HERE