The Sicilian town of Sambuca is selling off houses for just 1 pound ($1.14) to encourage people to move there and provide a boom to its economy.
Sambuca isn’t the first commune in Italy to encourage repopulation this way as residents continue to move to urban areas.
In January 2018, the Sardinian town of Ollolai announced that it was selling 200 houses for 1 pound to attract new residents. Over the past half-century, the town’s population has declined to just 1,300 people from 2,250.
Sambuca says they’re doing things differently.
“As opposed to other towns that have merely done this for propaganda, this city hall owns all 1-pound houses on sale,” Giuseppe Cacioppo, Sambuca’s deputy mayor and tourist councilor, told CNN.
Read more starting at ‘”We’re not intermediaries who liaise between old and new owners.’ at……….A picturesque town in Sicily is selling off homes for $1 to anyone willing to renovate them