The price of cabbage in Italy? Buy a set for less than 10 yuan? Will there really be a pie in sky?

The price of cabbage in Italy? Buy a set for less than 10 yuan? Will there really be a pie in sky?

The Italian government recently launched more than 30 cabbage-priced homes, one of which costs just 1 euro (equivalent to less than 10 yuan). Did house prices in Italy plummet?

A bug in sky? The house is really price of cabbage!

Recently, city of Salemi in Sicily, Italy, plans to sell more than 30 houses, according to Italian media reports. The only condition is that buyer of house must make a comprehensive renovation of house.

These houses for sale are meant to be at least 85 square meters and most of them are small buildings with two to three floors. Some of them even have panoramic balconies, very classic Italian-style buildings. However, many of these houses have fallen into disrepair, some have been empty since 1968, and over years they have survived earthquakes and other natural disasters, some of which may require major repairs.

High purchase requirements? Basically no requirements!

The Mayor of Salemi expressed his hope that this will attract more real estate investors, whether companies or individuals, who can apply to buy. People looking to buy can view photos and location of property on government website, then fill out an online application form and submit a home restoration plan detailing how to renovate home, whether home is being purchased for commercial use. whether it can stimulate local economy, etc., local government will check buyers against these verification criteria, and if house is converted into a house or a shop, buyer of house will also receive additional tax benefits.

Currently, €1 houses for sale in Salemi have attracted a large number of foreign buyers, but many Italian netizens have stated that these houses are "ruins" that need to be restored and cost of repairs is by no means a small amount.

Not enough offers and expensive repairs?

Selling a house for 1 euro in Italy is not new. Prior to Salemi, Italian city of Sambuca also sold dozens of houses for price of "1 euro". Thesemost houses are small two-story structures ranging from 40 to 150 square meters, with their own patio,views of beautiful beach and Mediterranean scenery > >. According to home buyers in Sambuca, cost of renovating these old houses in small town is at least 10,000 euros, or about 78,000 yuan.

In recent years, many young people from small towns in Italy have migrated to big cities. To attract foreigners to live in city, small towns in Sicily hope to sell houses at extremely low prices to boost their popularity.

There are indeed many cities or small towns all over Europe with very low housing prices, so don't worry about moving to Europe and not being able to afford a house. Sometimes you can buy a house for price of a piece of bread, including in many places cost of living is also surprisingly low.