The French town of Saint-Amand-Montrond has put up a house for sale for the symbolic price of 1 euro. The situation is that you will be completely renovating the house and actually coming to live in the town. Interested parties have until June 15 to register, after which the lucky winner will be selected.
Why is this important?
In recent years, articles have appeared in the media several times about homes that cost 1 euro in southern European countries. Especially in Italy That has been a trend for some time now. This usually applies to broken houses, which you have to enter renew. In this way, small towns want to prevent their population from shrinking further.Saint-Amand-Montrond
The house for sale is in Saint-Amand-Montrond, a small town with about 9,000 inhabitants located in the center of France, about 45 km from Bourges. It is a house on an area of 77 square meters, with a garden and a garage. It is a two storey house with two bedrooms.
“There are many possibilities,” said Francis Blondieau, deputy head responsible for Urban Planning of Saint-Amand-Montrond. Western France.
To register
Anyone interested in the house can register until June 15, 2024 Saint-Amand-Montrond website. You must submit a file there, which must show that you as an applicant meet several conditions.
- Interested parties must come to live permanently in Saint-Amand-Montrond for at least ten years. Those who are only looking for a second home or a country retreat have no choice.
- The new owner needs to completely renovate the house. As it has been vacant for around twenty years, this will be a big job. The city estimates that the renovation will cost around 127,800 euros. If you can do some of the work yourself, the costs will actually go down. In addition, you have the opportunity to earn many subsidies and you will receive support from the city.
Choice
In July, the selection committee of Saint-Amand-Montrond will meet to decide who can buy the building for 1 euro. The choice will be made around September and the deed of sale will be signed in January 2025. The new owner then has another five months to start the renovation. The work should be completed in July 2028.
- No one has registered for the home yet. However, the city is confident that this will still happen. In 2021, there was a similar campaign for another home, which received 90 registrations.
