It sounds like a come true for anyone looking to get on the property - a home for one euro (about $1.14). A town on the island of Sicily, Italy is selling houses for just €1. The price is to attract people to move to the hilltop town of Sambuca because of a decline in its population. Like many rural towns in Italy, the number of Sambuca's is dwindling because many young people are moving to cities. The Sambuca believes the houses will be easy to sell because his town is so attractive. It overlooks the Mediterranean Sea, is close to gorgeous and has retained its with its cobbled streets and Arabesque .
Like all bargains, there is a small to the one-euro houses - the buyer must promise to spend $17,000 on renovating the within three years of purchasing it. Sambuca's deputy mayor said the houses are owned by the , so there is little of the red normally associated with buying a property. He said: "We're not intermediaries who liaise between old and new owners. You want that house, you'll get it in no ." He promised potential buyers would love the town. He said: "This patch of land is dubbed the "Earthly Paradise". We're located inside a reserve, packed with history. Gorgeous beaches, woods and mountains surround . It's silent and peaceful - an retreat for a stay."
