A 'COVID-Free' Village In Italy Is Selling Homes For $1
Photo Credit: Adobe Stock

Photo Credit: Adobe Stock

A 'COVID-Free' Village In Italy Is Selling Homes For $1

Italy , news
Parker Diakite
Parker Diakite Jun 15, 2020

A tiny town in Italy wants new residents, which is why local officials are wooing future residents with homes that will cost you just a little over $1.

Cinquefrondi, located in the southern region of Calabria, calls itself a “COVID-free village” as the community reported zero cases of the coronavirus. Officials are hoping to use their current health status as an appeal to reverse the impact of younger people leaving the small town for work in bigger cities.

Mayor Michele Conia is calling the task “Operation Beauty.”

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“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. But a whole district of my town lies abandoned, with empty houses that are also unstable and risky,” 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, lost parts of town.”

So, what’s the catch?

The only requirement for the deal in Cinquefrondi is homeowners have to pay an annual policy insurance fee of $284 until work and renovations are completed.

If styling is not complete in three years, you will be liable for a fine of $22,754.

There are currently about 12 homes available and about 50 more empty dwellings that could potentially end up on the market, according to a report from Insider.

Interested buyers can email protocollo@pec.comune.cinquefrondi.rc.it to discover more about the homes.