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re: Would you buy a house in Sicily for one euro?

Posted on 12/20/24 at 7:48 am to
Posted by HattiesburgTiger5439
Hattiesburg ms
Member since Sep 2023
980 posts
Posted on 12/20/24 at 7:48 am to
Send all your info to Jimmy and let us know!


How much that they steal from ya. Old cousin Jimmy still at it
Posted by TarheelPete
Carrboro
Member since Jun 2024
615 posts
Posted on 12/20/24 at 8:00 am to


This brain raped redditard has been spamming the PT board for a week now he has found the OT.

Violent Hip Swivel alter?


LINK

Bloodier than a little boys a-hole after a VHS-C420 pizza party.
This post was edited on 12/20/24 at 8:04 am
Posted by CBDTiger
NOLA
Member since Mar 2004
1482 posts
Posted on 12/20/24 at 8:01 am to
Just read this article last week. $475K all-in isn't bad for a 4-bedroom Italian getaway with a sauna and pizza oven. But as I see it, "managing a local crew on the massive renovation" in Sicily adds at least another $500k of sweat equity.

I bought one of Sicily’s famous $1 homes

quote:

Meredith Tabbone lives in Chicago, but for the last five years, she’s spent countless hours and nearly half a million dollars to build her dream home in Italy. It all started in early 2019 when Tabbone learned about a town in Italy, Sambuca di Sicilia, that was auctioning off abandoned properties starting at 1 euro, or roughly $1.05.

At the same time, Tabbone, who works as a financial advisor, was deep into researching her family history. She had just traced her great-grandfather back to the same Sicilian town before he started a new life in America. The coincidence was “too good to be true,” and she took it as a sign to place a bid. A few months later, Tabbone became the owner of the 1-euro home.

She also bought the building next door and got to work managing a local crew on the massive renovation. Today, Tabbone, 45, uses her Sicily property as a vacation getaway, and she says it feels like a primary residence. The home includes two primary bedrooms, two guest bedrooms, a kitchen with modern finishes, a large dining room with a gallery wall of photography, a library, a living room, a dry-heat sauna and two terraces, including one with a pizza oven and outdoor dining area.

In all, she spent roughly $475,000 on her Italian dream home.


eta - before and after pics



This post was edited on 12/20/24 at 8:09 am
Posted by CBDTiger
NOLA
Member since Mar 2004
1482 posts
Posted on 12/20/24 at 8:13 am to
Probably will have the same opportunities in Greece.

CNBC - Greece’s ghost towns offer a glimpse of a country struggling with ‘existential’ population collapse
quote:

Lasta, GREECE — There’s nobody around anymore to man Saint George cafe in Lasta, a mountainous village in Greece’s Peloponnese region. Instead, there’s an honor system — just take a drink, leave a donation and soak up the relics of a bygone era. Photos of lively residents on the walls belie the reality outside, where a deserted square, abandoned school and derelict houses offer an eerie glimpse into the future of a country at risk of population collapse.

Lasta is just one of hundreds of depopulated or abandoned “ghost” towns and villages scattered across Greece, in an all too visible marker of years of declining births, economic hardship and mass emigration.


Posted by Saunson69
Stephen the Pirate
Member since May 2023
8230 posts
Posted on 12/20/24 at 8:16 am to
It's a dollar. Do it even for the chance it's not BS. You spend 60x that much in going out to eat vs cooking at home for a family in one night.
Posted by CoachChappy
Member since May 2013
34083 posts
Posted on 12/20/24 at 8:22 am to
quote:

They are old, dilapidated, full of mold, etc. There's a reason they're trying to hook foreigners with a gimmick to unload them.


And there's strict rules about knocking them down. They're hoping a foreigner buys it and destroys it. Then, gets penalized out the arse by the local government. Then, they can buy the property and rebuild without heavy restrictions. The people and the government are all in on the scam.
Posted by blueboxer1119
Baton Rouge
Member since May 2013
9567 posts
Posted on 12/20/24 at 8:27 am to
How many Mexican painters and Sheetrock guys can fit in a SeaCan?

How much to send a SeaCan from New Orleans to Italy?
Posted by TygerLyfe
Member since May 2023
2868 posts
Posted on 12/20/24 at 9:20 am to
quote:

no roof and mold and wild animals.


Now we're talking......
Posted by kingbob
Sorrento, LA
Member since Nov 2010
69306 posts
Posted on 12/20/24 at 10:20 am to
I looked into one euro homes before. The strings attached are pretty prohibitive for an American, and the locations mostly suck: extremely remote and far from water). I mean, you’re usually dealing with decaying ruins, so it’s not exactly a weekend warrior project.

It’s not a scam, just not a realistic endeavor for the overwhelming majority of people, hence why these homes became abandoned ruins in the first place.
Posted by kingbob
Sorrento, LA
Member since Nov 2010
69306 posts
Posted on 12/20/24 at 10:22 am to
The rural Japan ones are usually in much better condition. The main issue there is Japan’s visa/immigration laws.
Posted by LSUneaux
Metairie and MAGA AF
Member since Mar 2014
4790 posts
Posted on 12/20/24 at 10:22 am to
Tuscany? Don’t even bother.
Posted by ELVIS U
Member since Feb 2007
11590 posts
Posted on 12/20/24 at 10:24 am to
They are really cheap. My law partner bought a house for almost nothing and is planning on retiring there.
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