A national law has created a huge hurdle for offloading some historic, and very cheap, houses.
In central Italy’s medieval town of Patrica, a strategy to breathe new life into empty properties has hit a possibly insurmountable snafu.
Patrica recently adopted a plan that has seen success in other depopulated Italian areas: Selling off its deserted abodes for a single euro each — about $1.08 in today’s American currency — to those interested for a fixer-upper opportunity.
It may seem unique and unusual, but these opportunities have popped up in other parts of Italy in the past several years, all in an effort to repopulate the regions where these residences stand. READ MORE...
