As a means to revitalize the community, some homes in Italy sell for as cheap as a buck. But, as you might expect, there’s a serious catch.
The wide majority of the homes available are in serious need of repair.
Think a complete gut job. Structural improvements. Long abandoned, these homes need serious TLC, but for the right investor, they could easily turn into a nice profit – not to mention improving the overall appeal of the community.
A reporter from Business Insider took a trip over to Italy to check out some of these places. Lots and lots of pictures. And, one home even still had a washer and dryer.
Steve is a 37-year-old early retiree who writes about the intersection of happiness and financial independence on SteveAdcock.us. Steve is a regular contributor to MarketWatch, CNBC, and The Ladders. He lives full-time in his 30′ Airstream Classic and travels the country with his wife Courtney and two rescued dogs.