For several times, the Italian regions use the "home € 1" strategy to revive what are known as "dead communities". Biccari, a small town in the Puglia region, is selling dilapidated houses for € 1 or € 7,500.
CNN reports that the sale is part of Mayor Gianfilippo Mignogna's strategy to revitalize the city which has been affected by the evacuation of residents. "We are barely 2,000 inhabitants. Depopulation is an open wound, a sustained phenomenon. "The locals keep leaving, and while most came back in the summer to visit the city, now they never come back," he told CNN.
Photos and maps of the properties will soon be posted online on the municipality’s website. The online platform will be divided into two sections: € 1 Homes and Cheap Homes.
Those who decide to get a house for € 1 must have a € 3,000 guarantee fund that ensures that the housework is completed within three years. The deadline for completion of works can be extended or postponed if there is a reason. In the other case, people can buy a house starting from € 7.5000. Most homes are generally 10,000 - 13,000 euros.
Biccari is known as the "roof of Puglia" and is a region that lies on the Adriatic Sea and is a place rich in forests, pastures and olive groves.
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