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Buy a casa in Sicily for ONE euro!

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Buy a casa in Sicily for ONE euro!

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Old Sep 27th, 2008 | 11:55 AM
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Buy a casa in Sicily for ONE euro!

Saw this article and had to share. There IS a catch: (isn't there always?)

http://news.bbc.co.uk/2/hi/europe/7596341.stm


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Old Sep 27th, 2008 | 12:36 PM
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Wonder how much earthquake bolts cost?
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Old Sep 27th, 2008 | 02:24 PM
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And what are the chances of organising the restoration work without finding horses' heads in your bed?
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Old Sep 27th, 2008 | 04:20 PM
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My thoughts when I first read this article were that if nobody else wants to live there................
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Old Sep 27th, 2008 | 04:41 PM
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Does anyone know what the name of the town is?

See, I'm just crazy enough to contemplate this - especially if I could do it with a small group of people who would pool resources and work effort....
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Old Sep 27th, 2008 | 05:03 PM
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StCirq
I believe this is your answer.

Mr Sgarbi initially offered the houses free of charge, to residents of Salemi...
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Old Sep 27th, 2008 | 05:11 PM
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Thanks, ic...must be reading too quickly....
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Old Sep 27th, 2008 | 05:22 PM
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Welcome StCirq.

I just won't ask you what is in your sandwich today if you buy a house there.
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Old Sep 27th, 2008 | 05:39 PM
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ic: People said I was out of my mind 17 years ago to buy a house in France. I'm interested in these types of risks.....way better than Wall Street, IMHO

That's not to say I'd do anything entirely rash...
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Old Sep 27th, 2008 | 05:53 PM
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StC: Sounds like, at the very least, it's a good excuse to take a trip to Salemi just for a look-see.

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Old Sep 27th, 2008 | 07:24 PM
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But. But.

I heard this hot tip about a bank called WaMu.
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Old Sep 28th, 2008 | 01:24 AM
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Well, any bank that chooses to be known by something that sounds like a baby crying should have been an obvious risk...
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Old Sep 30th, 2008 | 06:28 PM
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I didn't read go to that link (so not sire if it mentions it)...but seen the offer in a couple of articles lately...the catch is that you have to spend 100k euros (!!!) on renovation....that is a very high renovation cost really...there are many villages in So.Italy and Sicily where you can still buy a home that doesn't need a total renovation for 100k ;-)
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Old Oct 1st, 2008 | 03:40 AM
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Could be a neat GTG!

Maybe we could convince Pierre Cardin to buy up real estate there. Give the folks in Lacoste a little break!
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