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Buy your home in Europe with only 1 euro

To sell homes and land for 1 еuro has become popular in Europe in recent years. Certain risks of such attractive offers are revealed in our article.

Buy your home in Europe with only 1 euro

The government is trying to improve the welfare of settlements and increase the flow of investment in the depopulated regions by putting up for sale houses and land for a nominal fee. Due to the abundance of such offers you can come to the conclusion that this strategy is worth implementing. Having invested in real estate and having spent thousands of euros on the registration of all the necessary papers, the majority of new settlers remain to live in the well-kept territories.

Buy your home in Europe with only 1 euro

Rappottenstein, Austria

Local authorities announced the possibility of purchasing 800-900 square metres of land for 1 Euro in order to increase the population of the Austrian village, Rappottenstein. In return everyone interested (married couples or singles) should have at least one child for the first ten years. You should also build a house over the next three years otherwise they will have to pay a fine of 12 thousand euros in case of the breach of the contract.

Buy your home in Europe with only 1 euro

Champ-du-Boult, France

Several offers for buyers with firm intentions are valid in France. You can enjoy idyllic rural landscapes by agreeing to the proposed modalities. Thus, the authorities of the French commune Champ-du-Boult in the Calvados department offer all families with children, regardless of nationality and citizenship to purchase a land plot of about 1, 000 square meters. Previously, the population of this town was scarce - a few hundred people. Sale of plots for 1 euro is aimed at increasing the number of people there, whereas there were several hundred people in total.

Buy your home in Europe with only 1 euro

Roubaix is a small village in nothern France, located near Belgian border. You can purchase the whole house for one euro, however, the house will be shabby. Then, you should rebuild the house at your own expenses. It is prohibited to sell it for five years.

Buy your home in Europe with only 1 euro

Cobridge, England

One more life is given to shabby houses in Cobridge, Staffordshire. After paying 1 euro, the new tenant needs to fork out another 30 thousand pounds for house renovation but then it is prohibited to sell the house for five year after the purchase.

Buy your home in Europe with only 1 euro

Liverpool, England

Despite the fact that there is a legendary Liverpool football club stadium in Enfield, the region itself is considered to be decadent and houses are sold for nothing.

The authorities, in their turn, are trying to breathe life into it, transforming dilapidated houses into beautiful ones. Putting houses up for auction, they do all the most diffucult work on the renovation of buildings, but only British citizens living and working in Liverpool can buy them.

Buy your home in Europe with only 1 euro

Piemonte, Italy

About two dozen cities joined this program. Carrega Ligure, a comune in the Province of Alessandria comprises 13 regions with only 100 hundred inhabitants. The houses for sale are surrounded by five valleys, once chosen by monks for their atmosphere of peace and solitude. Here, at an altitude of 950 m above sea level, there are excellent environmental conditions, so new houses can only be built with environmentally friendly materials, meanwhile preserving the authenticity of the buildings.

Buy your home in Europe with only 1 euro

Region Sicily and Sardinia, Italy

Houses for sale in communes Gangi and Mussomeli in Sicilia continue to be put up for 1 euro in order to limit rates of urbanization and breathe life into this paradise, once a favourite place for the mafia. Purchased houses should also be renovated at one’s own expense. It will cost 6.000 euros to register the purchase. You should do the house renovation in Sicilia within five years while in Ollolai and Nulvi, in Sardinia, within a year after making a deal that is 20 thousand euros.

Buy your home in Europe with only 1 euro

The Pitcairn Islands, Great Britain

The Pitcairn Islands group is a British overseas territory. These islands are almost inhabited. It is largely explained by its remote location. Since 1930s up to the present time, the population has decreased fourfold (from 200 to just over 50 people). That is why distribution of free land is considered by the authorities as one of the ways to attract new residents (along with the legalizing same-sex marriages). Potential buyers should prove their solvency by providing bank statements with no less than 30 thousand New Zealand dollars as far as it is difficult to find a job in this area and construction will cost a lot.

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