A tiny town in the toe of Italy's boot wants new residents — and it'll only cost you €1
located in the southern region of Calabria
is selling homes as the country begins to emerge from lockdown
The town calls itself a "COVID-free village," as the community has reported zero cases of the coronavirus
Mayor Michele Conia calls it "Operation Beauty."
It's offering these homes at such a cheap price in an attempt to increase the town's population
Young people have a tendency to relocate to bigger cities in search of jobs
so Cinquefrondi wants to welcome new residents to the village
"Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty [mission] that I have launched to recover degraded
There are currently about 12 homes available and about 50 more empty dwellings that could potentially end up on the market
"If we receive a huge demand, I can expropriate all other buildings which have been empty for decades and the old owners are nowhere to be found," Conia told CNN
This deal works differently than some previous $1 housing deals across Italy
Other towns have required homeowners to place a down payment when purchasing their home
If they fail to renovate it in three years
The only requirement for the deal in Cinquefrondi is that the homeowners pay an annual policy insurance fee of €250 ($284) until work and renovations are completed
They are liable for a fine of €20,000 (about $22,754) if they don't complete the styling in three years
most homeowners complete their work ahead of time
An Insider reporter previously visited $1 homes in Italy
where he discovered that the homes often need massive renovations
the homes in Cinquefrondi are smaller in size
ranging from 323 square feet to 430 square feet
Interested buyers can email protocollo@pec.comune.cinquefrondi.rc.it to discover more about the homes
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Are you so fed up of your own flat that you’d move..
we wouldn’t be entirely surprised.
If 2020 has left you ready for a big life change, Italy wants to hear from you
Specifically, a town in southern Italy which is selling a bunch of homes for the price of just €1.
Cinquefrondi is a small community in the southern region of Calabria
which is right at the toe of Italy’s ‘boot’
it's surrounded by the Aspromonte National Park and set between the Ionian and Tyrrhenian coasts
(That’s around a 15 minute drive to dreamy Italian beaches in either direction
Following in the footsteps of Italian towns that have offered similarly cheap housing to new arrivals in the past
the mayor of Cinquefrondi is keen to fill the community’s abandoned buildings with newcomers keen to start a new life – and do up the dilapidated houses in the process.
‘Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty [mission] that I have launched to recover degraded, lost parts of town,’ Mayor Michele Conia told CNN
adding: ‘Too many people have fled from here over the decades
Despite the town’s appealing location, near Naples, the Amalfi coast and Sicily
‘A whole district of my town lies abandoned
with empty houses that are also unstable and risky,’ says Conia.
This district is the historic part of Cinquefrondi
full of small homes Conia describes as ‘cosy tiny’ that are on offer to anyone for one euro
The only catch? New owners will be fined €20,000 if they do not make the house liveable again within three years
Currently around a dozen houses are for sale
but Conia says there are more than 50 he could sell if there is demand for it. Sounds like a molto bene deal to us.
Find out more about the homes and get in touch here.
Daydreaming about Italy? This new hiking route will take you through all the country’s national parks.
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An Italian village touting itself as “Covid-free” is selling homes for just €1
Cinquefrondi, in the southern region of Calabria
reported zero cases of coronavirus during the pandemic and is situated in an area with a low contagion rate
Like many other rural Italian towns and villages
Cinquefrondi is battling to bulk up its dwindling population after losing many of its young people to cities
The €1 home scheme has been code-named “Operation Beauty” by the local mayor
He told CNN Travel: “Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty that I have launched to recover degraded, lost parts of town.
“I grew up in Germany where my parents had migrated, then I came back to save my land. Too many people have fled from here over the decades, leaving behind empty houses. We can’t succumb to resignation.”
As with similar schemes, Operation Beauty comes with a few strings attached – though not as many as in some places.
Those wishing to buy a house for €1 will also have to stump up €10,000 to €20,000 to refurbish the property, alongside an annual €250 policy insurance fee until the work is completed.
Speed is also encouraged, as buyers can be fined €20,000 if they don’t finish the renovations within three years.
Most participants in the scheme elsewhere have seen houses restyled in one to two years.
The homes themselves are located in the ancient part of Cinquefrondi, and are around 40-50sqm in size. Some also have small balconies.
It may sound idyllic, but the €1 homes lie within an abandoned district where the buildings are left empty and are “unstable and risky“, according to Conia.
However, for those brave enough to take the plunge, the rewards could be great.
”We rise between the refreshing hills and two warm seas, a pristine river runs nearby and the beaches are just 15 minutes away by car,” he says of the village.
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Covering everything from luxury homes to housing trends around the world.Follow AuthorJul 23
10:09am EDTShareSaveThis article is more than 4 years old.Cinquefrondi
The historic town of Cinquefrondi in the southern part of Italy has seen a decrease in its population as young people move to the cities and don’t return once they start their own families
This has left a growing number homes unoccupied and slowly falling into disrepair
Before they become completely unlivable the town has decided to take action and entice foreign buyers by offering up the apartment-sized flats for one euro
or approximately $1.16 using today’s exchange rate
The homes need some upgrades and maintenance work—but nothing too onerous—which is part of the reason the price is so low
The requirements are much more relaxed than other situations with similar deals
In this case the only requirement is that you complete the upgrades within three years and pay an annual €250 policy insurance fee until the work is complete
If you don’t complete the work within three years you could be liable for a €20,000 fine
Many of the other cities offering this type of deal require you put down thousands of dollars for a deposit that you only get back in if you have completed the renovations in the designated timeframe
But for Cinquefrondi there’s no deposit required outside of one euro and the annual insurance policy
Italy has mature forests mixed with modern roads and developments
"Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty that I have launched to recover degraded
lost parts of town.” He estimates the renovations to the homes will cost between €10,000 to €20,000
Cinquefrondi (”five villages”) was once the site of both Byzantine and Greek settlements
with a few remnants of iconic Greek architecture still peppered around the town
The hilltop location includes the Aspromonte National Park and views of the Ionian and Tyrrhenian coasts
With olive groves and winding streets the town still has a historic feel
but recent upgrades to its infrastructure mean it has the accessibility of a modern-day city
The beach is about fifteen minutes drive away
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As countries start to reopen their borders and travel begins to resume in the wake of the coronavirus pandemic
yet another Italian town is selling homes for just €1
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IT'S BEEN a while since we've seen an Italian town selling houses for £1 thanks to the coronavirus pandemic that sent both Italy and most other countries into lockdown
and this time they have an added selling point new for 2020 - the town in question is Covid-free
⚠️ Read our coronavirus live blog for the latest news & updates
is just 15 minutes away from the beach by car and has houses that need renovating
the community hasn't had any reported cases of coronavirus either
Prospective owners will have to stump up €1 (90p) for the property and a further €250 (£224) insurance policy annually until the property has been renovated
If the buyer doesn't complete their renovations within three years
they could be liable for a €20,000 (£18,000) fine
Mayor Michele Conia told CNN: "Finding new owners for the many abandoned houses we have is a key part of the Operation Beauty [mission] that I have launched to recover degraded
He continued: "Too many people have fled from here over the decades
We can't succumb to resignation."
"We rise between the refreshing hills and two warm seas
and the beaches are just 15 minutes away by car
"But a whole district of my town lies abandoned
with empty houses that are also unstable and risky."
"We're just asking for some kind of certainty once a new buyer commits to the project."
Earlier this year, Bisaccia, located in the south of the Campania region two hours from Naples, put 90 buildings on the market for 85p.
Mussomeli in southern Sicily was offering homes for just 85p, as long as the buyer renovates the house within a year, while the town of Sambuca was offering them for the same price as long as you spend £13,000 doing it up
Bivona in Sicily asked buyers to pay just a £2,100 bond to get the 85p house.
Italy has been one of the hardest hit countries in Europe during the coronavirus pandemic, with 235,763 cases and 34,114 deaths.
has recorded that 57 per cent of people tested have had some contact with the virus
Italy has already opened its borders to British tourists and hotels have been open since mid-May along with bars
restaurants and shops while still following social distance guidelines
Our journalists strive for accuracy but on occasion we make mistakes. For further details of our complaints policy and to make a complaint please click this link: thesun.co.uk/editorial-complaints/