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Troina: The Italian town that will pay you to restyle a €1 home

January 13, 2021. Summarized by summa-bot.

Compression ratio: 18.7%. 1 min read.

Local authorities are so keen to attract new residents to the Sicilian town of Troina's dwindling ancient district, they're offering to help cover the renovation costs of buyers who agree to take up residency

The Sicilian town of Troina is joining the likes of Mussomeli and Zungoli by putting dozens of abandoned homes on the market for less than the cost of an espresso.

In fact, local authorities are so keen to attract new residents to the town's dwindling ancient district, they're offering to help with the renovation costs of buyers who agree to take up residency.

The area has been declining over the past few decades due to many locals packing up and moving to more modern houses around Troina, or leaving the town completely.

While international travel is currently limited due to the ongoing pandemic, interested buyers can view the properties available on the site and email a draft restyle project to the team at casea1euro@comune. troina. en. it.

According to Venezia, roughly 30 one euro abodes are immediately available, while another 100 homes are likely to go on the market once the former owners have handed them over to the town hall.

Those who opt for a one euro abode or one of the cheaper upper-level houses within the old center may be granted "restyle bonuses" of up to 15,000 euros, as well as another 10,000 euros for energy efficiency works.

And if you're willing to settle down and become a permanent resident of Troina, but are less keen on taking on the task of renovating a dilapidated property, town officials are willing to provide you with up to 8,000 euros toward buying a home that does not require upgrading.

There are many advantages to buying a home in Troina's ancient district.

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