By now everyone is talking about the 1 euro house project: they are houses sold at a symbolic price, which fascinate so much not only because they are essentially free. But also for the fact that they are located in semi-abandoned villages surrounded by nature, in movie scenarios, such as the beautiful houses sold for one euro in Sicily, Valle d’Aosta and Calabria.
Some still believe that 1 euro houses do not exist or are a publicity stunt, but instead the offer is real and is spreading a little throughout Europe. Even in some countries of America and Asia there are very similar real estate offers. But why are there houses that cost so little?
The answer is that the 1 euro houses project works because it serves to move the real estate market. In practice, selling some houses for 1 euro is not a way to give away some properties, if anything to be able to sell those that have been uninhabited for a long time or abandoned.
And at this point you understand why the price is so low: these are houses in which you must necessarily spend money for renovations.
The 1 euro houses, it must be said, are still a great deal. Buying a house at a symbolic price and then renovating it is convenient, because all in all, however, you do not get to spend as much as you would spend buying a house ready to be inhabited. But how much exactly does it cost to renovate a house for 1 euro?
