This Old Town in Sicily is selling Houses for $1

According to CNN, Sambuca, an idyllic town in Sicily, Italy, is selling off dozens of old homes for the mere pittance of €1, just over $1 USD.Several other Italian towns have opted for this kind of deal as well, from Sardinia, which also sold off homes for a dollar, which offered to pay residents to move there.
However, the town officials of Sambuca claim that their deal is better than the rest because if you want a house, you’ve got a house.“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,” Giuseppe Cacioppo, Sambuca’s deputy mayor and tourist counselor, told CNN.But there’s a few rules you must follow. First, all new homeowners must agree to refurbish their new homes. According to CNN, the “crumbling” homes can range from anywhere between 40 and 150 square meters.Plus, the cost of renovating these places costs about €15,000.

In addition, the new homeowners must pay a €5,000 (about $5,700 USD) security deposit, which is fully refundable once renovations are complete.

But Cacioppo says it’ll be worth it, since Sambuca is known as the “City of Splendor” and an “Earthly Paradise.” “We’re located inside a natural reserve, packed with history. Gorgeous beaches, woods and mountains surround us. It’s silent and peaceful, an idyllic retreat for a detox stay,”