1€

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In the Sicilian town of Sambuca, dozens of homes have been put up for sale for the price of €1. The deal is aimed at reviving a town that has greatly suffered from...

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In the Sicilian town of Sambuca, dozens of homes have been put up for sale for the price of €1. The deal is aimed at reviving a town that has greatly suffered from depopulation in recent years. According to local officials, anyone interested in buying a house in Sambuca can do it straight away... but on one condition: they must commit to refurbishing their property within three years. The starting cost for refurbishment is €15,000. In addition, buyers must give a €5,000 security deposit, which will be returned once the refurbishment is complete.

to put, put, put up for sale/mettre en vente - to be aimed at/viser à - to revive/faire revivre, redynamiser - local officials/autorités locales - straight away/immédiatement - to commit to/s'engager à - to refurbish/rénover, moderniser - property/bien (immobilier) - security deposit/dépôt de garantie

Publié le 31/01/2019

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