Kareen MillsFounder & CEO, Friendsgiving Live® · Most Influential Filipina ’23 🏆 Founder of the World’s Largest Friendsgiving Festival for Women | Angel | Keynote | Sugar Mommy™ Media | Psalm 25:1 ✞

1 Euro Houses in #Italy 🇮🇹

8 Aug 2024 · 1 min

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This content was created by Kareen Mills. This content was uploaded by Kareen Mills. This is a YouTube video titled "1 Euro Houses in #Italy 🇮🇹" (created 2024-08-08T02:24:37+00:00). The excerpt is a narrated segment describing Italian municipalities selling abandoned, dilapidated homes for €1 to counter rural depopulation; the speaker explains the background (young people moving to cities, aging populations) and notes that buyers must invest in renovations. The narration addresses someone named Kareen but the excerpt contains a single speaker.

Chapters

Did you know you can buy a house for €1 in Italy? Let me repeat, €1. Several Italian towns are selling empty and vacant houses for €1 a pop. The idea of snagging a home that cheap is intoxicating. So why is Italy selling houses for €1? As young Italians increasingly migrate to the city and choose cosmopolitan jobs, Over rural and community vocations, many Italy's prettiest remote villages are becoming abandoned with tiny aging populations that are beginning to die off. You can read the rest. This is where you come in. There are roughly 25 Italian municipalities who are making you an offer you cannot refuse: symbolic price of one euro. So Kareen, what's the catch? I thought you'd never ask. Okay, these are dilapidated properties and you're investing in them.