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You Can Now Get an Italian Vacation Home Without Paying a Cent

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Jun 23, 2015
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Think only billionaires can afford vacation spots in Europe? Think again. TheNew York Timesreports that an Italian town is giving away homes, absolutely free. All you need is a love of DIY and a lot of elbow grease.

Gangi, Sicily, is giving away its historical properties in an effort to boost the population. The town used to have a population of 16,000, but it has dwindled to around 7,000 in recent years. Many of the homes have been abandoned for decades, so there's a lot of work to be done.

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In an official announcement from the town, municipal officials say that they'd accept requests from companies that want to turn the properties into hotels, and from individuals "for their own private use." If you get a free house, you have to pay for the transfer of ownership, and you have to show a renovation plan within a year, then fully renovate within three years.

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The project has been a success so far, with more than 100 homes either given away or sold for cheap; many of the buyers are Italians looking for a weekend getaway, but some are from other European countries. There's a waiting list for the other 200 homes, but choosy officials are holding out for the perfect neighbors; they're also giving priority to people who want to start businesses.

So if your dream is to ditch it all, move to Italy, and open your own gelato shop, now's your time.






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Date: 11.12.2018, 14:37 / Views: 53255