Another small village in Italy initiated a sale of houses for just 1 euro
The authorities of the Italian municipality of Bonnaroo, located on the island of Sardinia in the small province of Sassari, have initiated a sale of private houses for just €1. The aim of the campaign is to increase the village’s population and repopulate abandoned housing sites. Small Italian towns in the countryside and hinterland regularly face these problems.
The authorities in Bonnaroo have approved an order permitting the purchase of private homes for nothing in order to redevelop the historic centre of the village and attract new residents to the area. The property can be used not only for personal residence, but also for commercial and tourist purposes.
The features of the campaign
The local council has launched an initiative that will be valid for 3 years. To purchase a property at a nominal price, buyers should go to the website of the municipality of Bonnaroo. Here you can find out about the documents that will be required to complete the transaction. There is a mandatory requirement for purchasers: once they have received permission to buy, they must start renovation work on the house within 2 months.
What is Bonnaroo itself?
The Italian village is situated in a valley in the middle of the Arana and Pelao mountains. The locals cultivate cherries and grapes. The economy of the municipality is predominantly agricultural. In the historical centre, the unique manor houses from the 18th and 19th centuries are still standing. These include the churches of Santa Barbara, San Giorgio and Santa Maria.