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Buy A House In This Gorgeous Italian Town Near Top Ski Resorts For Just €1

by Tania Tarafdar
Buy A House In This Gorgeous Italian Town Near Top Ski Resorts For Just €1

If you have ever thought of buying a house in Italy, you can make your dream come true now. Yes, the town of Pratola Peligna, two hours from Rome, has around 250 homes for sale at just €1. By attracting new residents, the town hopes to preserve its history and stimulate its socioeconomic growth by launching the scheme. While a few homes already have new owners, a few of them are listed on the town’s side.

You Can Buy A House For Just €1

If you are buying a house in Pratola Peligna, you must file renovation plans within six months of the purchase. Unlike other towns that have included deposit or residency requirements, Pratola Peligna is imposing a €10,000 fine for new homeowners if they don’t file renovation plans within six months. The rule is put into place to ensure people don’t just buy the home and continue to let it fall apart. Those who already own buildings are also being asked to renovate and give a facelift to their homes.

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The Italian Town Has Scenic Views & Winding Passageways

Pratola Peligna is popular not just for its proximity to some of Italy’s best ski resorts, but also for its scenic views and winding passageways among pastel homes. Renovations are particularly necessary for this region near top ski resorts which has suffered a population decline. While there were about 13,000 residents in the 1930s, the population has reduced to 7,000 now.

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This quaint Italian town is also close to beautiful parks including Majella National Park, Sirente-Velino Regional Natural Parkand the National Park of Abruzzo.