It’s free real estate – properties for 1 Euro

The ‘it’s free real estate!’ meme, a line from a Tim & Eric Awesome Show, definitely comes to mind when looking at the latest property ads on the cheap real estate market. I could not believe it myself and was actually contacting the advertiser and told them to change the price to the actual value.

To my surprise all three properties the real estate agent offered for 1 Euro each turned out to really be for only one Euro. Of course, the one Euro is just a symbolic price.

But where is it and Why?

The location is beautiful Sicily. Apparently, that’s where several towns are testing the 1-euro scheme.

With this initiative, small towns with shrinking populations aim to repopulate the old town and recover abandoned real estate.

Those who purchase a building are free to use it as a home, hotel, B&B, restaurant, or shop — although tax incentives may be given to those who decide to stay and live there.

It perhaps sounds too good to be true, and there is, of course, always a catch. In reality, if a home for €1 sounds too good to be true, that’s because it is. €1 won’t get you a house that’s ready to move into. You have to be aware that you are buying a fixer-upper that comes with a few conditions.

The small town of Bivona is the latest destination for real estate tourists hoping to get one of the cheap houses. Make no mistake, Bivona is no ghost town. It is located at the foot of Monti Sicani, an area full of history and beauty. You can see more information about the project here: https://1eurohouses.com/case-a-1-euro-a-bivona/

If you are interested to get on with the sale right away, you will be happy to know that “My House” is the agency which has been appointed by the Town Hall of Bivona to handle the sale of these 1 euro properties. You can find their website on www.propertiesinsicily.com.

Did we made you curious to see some real offers of cheap real estate in Sicily, then visit our website https://www.propertyunder100k.com/

When will you get your free real estate?

Property for rent in Europe and all over the World

We are happy to announce that now you are also able to list  property for rent on our website.

Discover real estate for rent in Europe. You can do so easily by using our map feature to find the location that suits you best: Property for rent in Europe or wherever you want.

Why do we offer to list rental ads now?

Initially we focused just on for sale ads. We were interested especially to make it easier for possible buyers to find cheap properties for sale and to make the “hot spots” visible on the map. Users liked this very much; we can see that our section for properties below 20,000 EUR is still the best visited page from all sections we have available.

After a while some users started to list rental ads as well. As the rental price is usually below 20,000 EUR it started to mess up our cheap property for sale page. This got increasingly annoying for everybody who was looking to buy a bargain.

So, what to do?

After thinking back and forth we decided: Why not keep everybody happy? We keep the rental ads but give them their own space. So, that’s what we did. Now you are able to list or search rental ads as well. It might be still a bit edgy as originally our site was not designed for rental ads but we will see where it goes.

As a conclusion we can only say that we are happy that you like our website and use it. We know it is not perfect but we like to keep you happy and always appreciate your feedback.

Houses for kids – Get your little ones excited about real estate

We are buying, restoring and selling real estate for the last 8 years now. We have two girls, 5 and 3 years old. Going to the DIY shop has been part of the weekly routine all their life. No wonder our girls are full of ideas about having their own little building projects.

Of course they have their own little space in the garden with the traditional sand pit where they can unleash their creativity. I already watched them assembling stones to built ways and building houses for little bugs they collected. Sometimes they use little sticks to pretend they are drilling holes or using it as a screwdriver.

Continue reading Houses for kids – Get your little ones excited about real estate

The Daunting Prospect of Buying a Cheap House in another Country

So you have a bit of money to spend. Perhaps the amount does not allow you to buy a cheap house in your country but you heard from a friend of a friend that you could buy a cheap house or apartment in other country. A country where the sun shines a lot more than at home!

Continue reading The Daunting Prospect of Buying a Cheap House in another Country