The Truth Behind Italy's $1 Homes

Starting in early 2019, 20 towns across Italy began selling homes for €1, or about $1.10. Local governments hope the plan will attract fresh faces and new businesses to towns that have been suffering from rapid depopulation and a growing number of abandoned homes for decades. But the true cost of these homes turn out to be much higher than $1.
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The Truth Behind Italy's $1 Homes

Пікірлер: 11 000

  • @TrailRunnerLife
    @TrailRunnerLife3 жыл бұрын

    Wait, so the $1 houses weren't fully furnished, immaculate manor houses? I'm thunderstruck.

  • @lukecimino40

    @lukecimino40

    3 жыл бұрын

    Lmfaooo

  • @zuhairs7929

    @zuhairs7929

    3 жыл бұрын

    It's a scam, these are dumps not homes. There are abandoned mining towns in the USA too go live there.

  • @msbrando

    @msbrando

    3 жыл бұрын

    Lol

  • @margieinnes4638

    @margieinnes4638

    3 жыл бұрын

    @@notbindi Exactly, and you can hire it out as a holiday home and get a return on your investment

  • @Canada_Official

    @Canada_Official

    3 жыл бұрын

    @@notbindi and if you're very passionate about that stuff you can save a ton of money doing it yourself

  • @oddodium3048
    @oddodium30483 жыл бұрын

    imagine buying an abandoned house for 1 dollar and complain.

  • @kaseylisk5019

    @kaseylisk5019

    3 жыл бұрын

    Imagine trying to be a smart ass without even watching a 10 minute long video. All of the people interviewed said that it was still worth it, and they would do it again.

  • @mxlkbread7433

    @mxlkbread7433

    3 жыл бұрын

    Kasey Lisk lol, so are u trying to be the smart one here-

  • @mxlkbread7433

    @mxlkbread7433

    3 жыл бұрын

    @@kaseylisk5019 I mean based on the comment, you sound like you’re trying to be smart so.

  • @mxlkbread7433

    @mxlkbread7433

    3 жыл бұрын

    @@kaseylisk5019 cool, if that’s your assumption of me.

  • @EMan-pk7uc

    @EMan-pk7uc

    3 жыл бұрын

    @@kaseylisk5019 The commenter was trying to make a joke

  • @andrelopez2514
    @andrelopez2514 Жыл бұрын

    seems like the perfect place to move for remote workers, having clean air and beautiful views

  • @MrGlennJohnsen
    @MrGlennJohnsen Жыл бұрын

    It's still a $70k new renovated home in a romantic, quiet town in a country with very pleasant temperatures and good food. Compared to other properties in Europe this seems like a massive steal!

  • @lauracarolina212
    @lauracarolina2124 жыл бұрын

    They are literally giving a piece of land for free. The least you can do is spend your own money in building a home. What were they expecting?

  • @rerikm

    @rerikm

    4 жыл бұрын

    haven't found anything related to the ownership of the land.. this may be the main catch.. who knows?

  • @vincenzodeconcilio7610

    @vincenzodeconcilio7610

    4 жыл бұрын

    @@rerikm the land should be included, I don't remember this concept of leasehold vs. freehold when I was living in Italy

  • @plazmica0323

    @plazmica0323

    4 жыл бұрын

    They expected furnished homes ready to move in so they can take a picture and post it on instagram. Just to think there are grown ass adults believing in free stuff is incredible.

  • @order_truth_involvement6135

    @order_truth_involvement6135

    4 жыл бұрын

    Plazmica 032 a product of socialism

  • @Tonyx.yt.

    @Tonyx.yt.

    4 жыл бұрын

    @@order_truth_involvement6135 no, a product of post modern entitled idiots...

  • @Alisha.10
    @Alisha.104 жыл бұрын

    I don’t know what people were expecting. The house was $1. Of course it’d be a dump for that price.

  • @DBT1007

    @DBT1007

    4 жыл бұрын

    And that means you have a great house for you to renovate from zero.

  • @MadOrange644

    @MadOrange644

    4 жыл бұрын

    Bro for $1 I'd have no expectations.

  • @bluesira

    @bluesira

    4 жыл бұрын

    No one in the video said they were expecting anything else. The couple even said in the middle of it, "It was $1. Of course it needed to be renovated!" etc.

  • @leonardorodriguez9121

    @leonardorodriguez9121

    4 жыл бұрын

    @@codymifsud2448 me: I can finally buy a house House: do you have 70k for renovations? Me: pickachu face :o

  • @amyx231

    @amyx231

    4 жыл бұрын

    Exactly. The land is worth more. Tear it down and build anew.

  • @tracyblack9983
    @tracyblack998311 ай бұрын

    The only problem is if you are from the USA you can’t stay more than 90 days without leaving for 90 days before returning without getting a visa and the kicker is you are not allowed to work at all. If Italy would make it easier for home buyers to get citizenship more would come including my wife and I.

  • @zarpasuave
    @zarpasuave Жыл бұрын

    I am flabbergasted to see that towns THAT big are getting depopulated. I’m from the north Spain and I have seen my fair share of tiny villages with around 500 residents and I’d understand moving out of those (even though there is little to no abandoned houses here since people love spending their weekend in the countryside) but these are full on CITIES. With historical architecture at that wth!

  • @andresjerguson350

    @andresjerguson350

    Жыл бұрын

    I lived in a village in Castellon that was similar... very quiet most of the time... unless the bulls are beeing ran or something festival related. 600 ish people during the off months...

  • @holoholopainen1627

    @holoholopainen1627

    Жыл бұрын

    Spain IS GREAT for holiday ! Are there same kind of villages at Spain too ?

  • @NabzGG

    @NabzGG

    Жыл бұрын

    Agree, I lived in Italy in the province of arrezo and just 20 years ago it was big, now I believe it’s small. Not sure that because I move here to England in 2015. Most people I knew went else where in different countries.

  • @zarpasuave

    @zarpasuave

    Жыл бұрын

    @@holoholopainen1627 Yes there are! Whether you’re looking for a mountain escapade or a seaside town there’s plenty of places to look at! But I don’t know if the $1 homes program is a project available in Spain

  • @Outwardpd

    @Outwardpd

    Жыл бұрын

    People need jobs brother, back in the day you'd be able to do fine before greed dominated the western world. People used to respect the simpler professions and factories taking up a relatively small area could employ large amounts of people. But these days simpler professions are treated with disdain, factory jobs are being sent overseas, agriculture is dying, etc. etc. My city of 50,000 is having the same issue, less decent jobs and rising prices mean people have to find a way to make a living so they move to the bigger cities.

  • @Zondruska
    @Zondruska4 жыл бұрын

    Oh no really? So they aren´t just handing out perfect houses for 1 dollar? Travesty.

  • @stesegreto656

    @stesegreto656

    4 жыл бұрын

    The more you know uh?

  • @donaldfuck

    @donaldfuck

    4 жыл бұрын

    Cazzo di americani

  • @xosaii

    @xosaii

    4 жыл бұрын

    I know right? Like wtf

  • @bluesira

    @bluesira

    4 жыл бұрын

    No one said they were expecting perfect homes... Not sure why all the comments like this.

  • @xosaii

    @xosaii

    4 жыл бұрын

    bluesira it’s called ✨sarcasm✨ Who tf wouldn’t be grateful for this?

  • @ruvindrasathsarani6064
    @ruvindrasathsarani60644 жыл бұрын

    When they advertised these houses, they gave the details about the conditions. So if people paid 1$ and bought these houses, they knew what they were getting into.

  • @plazmica0323

    @plazmica0323

    4 жыл бұрын

    Im just glad idiots payed hundreds of $ in plane tickets just so they can come and see how stupid they are. Watching it i doubt that that idea dawned in some of those peoples heads.

  • @Viktor007

    @Viktor007

    4 жыл бұрын

    No, they paid 1€

  • @MultiLiam24

    @MultiLiam24

    4 жыл бұрын

    Plazmica 032 the Europeans probably only payed €30-70 to fly there while Americans probably payed hundreds

  • @theparajse2020

    @theparajse2020

    4 жыл бұрын

    KELLI2L2 wouldnt you agree that covid escalated their deaths

  • @AwkwardYet

    @AwkwardYet

    4 жыл бұрын

    because they are dumb

  • @Blackadder75
    @Blackadder75 Жыл бұрын

    My friend has a home in Italy, they basically just bought all the materials themselves for the renovation and moved them by truck from Germany to Italy. There, they hired some German speaking Italians and some Polish workers to do the work. It went pretty well. they also made sure they had all the paperwork done before.

  • @germangarcia6118

    @germangarcia6118

    Жыл бұрын

    That's great, but... the could have bought the materials in Italy?

  • @Blackadder75

    @Blackadder75

    Жыл бұрын

    @@germangarcia6118 Yes, but that was more complicated, and this way they could prepare everything beforehand and maybe get a better deal from local connections. And know exactly what they would get, which I guess is a bit more difficult in a country you are not familiar with. (They now speak fluent Italian, but not at the time)

  • @hounamao7140

    @hounamao7140

    11 ай бұрын

    Lol, indeed italy must be happy about that. Did they bring their wurst and beer too ?

  • @jinyounglee7677
    @jinyounglee7677 Жыл бұрын

    I work at home. as long as there's an internet connection, I'm very tempted to move there. Owning even a small house in a crowded place is a nearly impossible daydream nowadays. people think its downside is renovating cost, but why is that a problem? still cheaper than buying a house and you get to renovate it as you want. I would build a cool book nook with large windows.

  • @overlord1995

    @overlord1995

    3 ай бұрын

    Those are people who click on links that promise them free money

  • @CHANTARELLA

    @CHANTARELLA

    2 ай бұрын

    are things so bad and so hopeless that you want to move into a wreck in a dead town in a foreign country? People have this romantic image of Italy which is true for some places there. But in Italy there are also shithole places that people leave. And investing there will not find buyers later.

  • @xavierortiz1294
    @xavierortiz12942 жыл бұрын

    From my perspective and understanding, it's a brilliant move by the local government. You start an international movement by bringing people from all over the world to renovate the worst of parts of the town at no cost to you. Plus, all of these people = more business for the locals and keeping the town alive.

  • @koteswarris8949

    @koteswarris8949

    2 жыл бұрын

    True.

  • @Ryan-ce1oc

    @Ryan-ce1oc

    2 жыл бұрын

    It's quite a common tactic for councils as it's better to sell the houses off for nothing in the hopes that someone will buy and turn the land into a tax generating property. The council loses nothing by giving the houses away.

  • @gemmab8626

    @gemmab8626

    2 жыл бұрын

    I agree!

  • @2livenoob

    @2livenoob

    2 жыл бұрын

    That's not how it works. Gentrification won't help the people who live there make money, it will just invite the people who already have money from other sources. At best, the city's property value will skyrocket and become prohibitively expensive for anyone who doesn't ALREADY have money, and then crash because the city won't allow other people to make money to afford it.... repeating this cycle in the next 50 years.

  • @KNYD

    @KNYD

    2 жыл бұрын

    @@2livenoob How selling properties in dying towns for a euro makes homes unaffordable? They are not limiting who can buy the properties, the locals if they wanted to could buy them. Even with auctions most went for a few thousand euros, and one for 20 000e. They are not sold at prizes the locals couldn't afford. The homes are in fact more affordable for Italians, they don't have hire translators, spend money on travel, and they are familiar with how things are done in Italy. Take example the town Sambuca 1:14, the population dropped from 8 000 to 5 000, and it was still dropping. The town has to have hundreds of empty homes, selling 60 of them is not going to make the property values skyrocket, especially if the starting price is 1 euro. You need to understand that these are old densely packed towns, the homes are small, and there is no space to expand. People looking at these homes are not looking for a mansion, nor can they renovate any of the buildings into one. These small sleepy towns are not attracting the ultra rich. The new people moving in, will need the local labour force to renovate the homes, they will eat in the local restaurants, they will shop in the local stores, and if they rent out their homes that'll bring tourists who in turn will spend money in the town.

  • @cadymattson1715
    @cadymattson17153 жыл бұрын

    I mean...what did people expect? That you’d get a palace in a Mediterranean paradise for €1?

  • @diannt9583

    @diannt9583

    3 жыл бұрын

    The purchasers knew what they were getting into. It's some of the people who failed to pay attention to the short video that didn't think they did. (Title of the video didn't help much, either. )

  • @horribleIRUKANDJI

    @horribleIRUKANDJI

    3 жыл бұрын

    what people? KZread commenters?

  • @MeeMesmo

    @MeeMesmo

    3 жыл бұрын

    It's advised before hand, you need to rebuilt, even it's said on news about it

  • @RafaelRodrigues-rx9ry

    @RafaelRodrigues-rx9ry

    3 жыл бұрын

    🤣IKR!

  • @dianailea8000

    @dianailea8000

    3 жыл бұрын

    Its far from paradise trust me I lived there

  • @ranha9933
    @ranha9933 Жыл бұрын

    Perfect. A cheap home to make a dream home. Renovation done by local workforces. Brilliant!

  • @CHANTARELLA

    @CHANTARELLA

    2 ай бұрын

    in your dreams. people left these towns in droves and not because they were such a great place to live.

  • @Kateaclysmic
    @Kateaclysmic2 жыл бұрын

    I'd love to hear how things have changed in the last two years given demand for rural, or at least not-urban houses has flourished with work-from-home orders/abilities. Unsure of the Italian government's response to covid was but in Australia we were told to work from home if we could. Even when allowed back to the office, many people didn't, and many who did did so fewer times a week and continued to work from home a lot. Allowed for working from anywhere with internet, and being in an urban vs. commuter town or rural area being much more favourable than previously.

  • @michele665

    @michele665

    2 жыл бұрын

    Yeah that's right but services in those cities aren't really good, that's why so many locals go away. Working from home can be difficult due to an unstable and slow internet connection.

  • @LGAussie

    @LGAussie

    Жыл бұрын

    Don’t get fooled. The money to renovate and all the Italian rules will ruin ur plans. Steer clear. They should pay ppl to take them!

  • @MagycArwen

    @MagycArwen

    Жыл бұрын

    Work from home is still not very practiced in Italy so the moving to the countryside for a better lifestyle while working from home thing affects very little people there.

  • @martinsk7232
    @martinsk72323 жыл бұрын

    "We will call it 1 dollar homes" Because calling them 1 euro homes was so difficult...

  • @mmmmmmm7304

    @mmmmmmm7304

    3 жыл бұрын

    Because other wise it means America is submitting to Europe

  • @heinrichmirgrautsvordir6613

    @heinrichmirgrautsvordir6613

    3 жыл бұрын

    @@mmmmmmm7304 lol

  • @rf2632_

    @rf2632_

    3 жыл бұрын

    Hahaha!

  • @2007ghettonissanaltima

    @2007ghettonissanaltima

    3 жыл бұрын

    @@mmmmmmm7304 lmao what?

  • @jornkroonen3374

    @jornkroonen3374

    3 жыл бұрын

    It would require thinking

  • @rs72098
    @rs720984 жыл бұрын

    $60,000 in renovations sounds like an overestimation. It's still cheaper than most houses in the U.S.

  • @naycnay

    @naycnay

    4 жыл бұрын

    Well, lots of things will cost you more to do. There will be less people/businesses around to help and supply you with things. It won't be commodity cheap like much of the US.

  • @xtheslump

    @xtheslump

    3 жыл бұрын

    @@cuchidesoto2686 facts

  • @iamsomeone8266

    @iamsomeone8266

    3 жыл бұрын

    @@naycnay my mum spent over 1 million over 8 hrs

  • @Sarah-ft8jr

    @Sarah-ft8jr

    3 жыл бұрын

    @@cuchidesoto2686 sounds like my old house in England. No public transport or shops, no medical facilities. House was worth over £600k. Plenty of people in the village didn’t have cars or parking either.

  • @raffaeleirlanda6966

    @raffaeleirlanda6966

    3 жыл бұрын

    @Charles Martel You know Italian state refunds up to 65% in taxes in next years if you made anti-seisismic restoration in your home?

  • @simil252
    @simil252 Жыл бұрын

    My parents are trying to give away my grandma’s house in a little town in Southern of Italy for years! Not many people wants to live in small towns anymore. It’s also a big house with 2 floors and storage rooms. It’s a shame that there are people with no homes and so many abandoned. They even asked the major to donate it to the city, but there are no many to renovate (even though my grandma’s house is in a decent shape nothing like those).

  • @mcspkaput5954

    @mcspkaput5954

    Жыл бұрын

    dove si trova?

  • @simil252

    @simil252

    Жыл бұрын

    @@mcspkaput5954 e' in un paesino chiamato Belsito, in provincia di Cosenza

  • @Flat_Earth_Addy

    @Flat_Earth_Addy

    Жыл бұрын

    Ha. If this was true, we would move there! We have 10 kids and are homeless!

  • @mcspkaput5954

    @mcspkaput5954

    Жыл бұрын

    @@Flat_Earth_Addy i think that if you manage to get a worker visa for italy for your family, i think she would actually rent it to you for free, i am an italian and it's a thing, she is probably attached to the house and doesn't want to see it go to ruin

  • @Flat_Earth_Addy

    @Flat_Earth_Addy

    Жыл бұрын

    @@mcspkaput5954 We are Canadian of German background, living in Albania. Life here is impossible. They say its cheap, but not when jobs pay €100 a month.

  • @wissbegierigkeit7001
    @wissbegierigkeit7001 Жыл бұрын

    In the Val di Noto area (Southeastern Sicily) prices are low too, and there are many old historical houses that are being sold and renovated. I love seeing how the countryside is experiencing a new life. I strongly encourage this cultural enrichment, which is always been part of the Sicilian culture.

  • @Flat_Earth_Addy

    @Flat_Earth_Addy

    Жыл бұрын

    Too expensive and dangerous.

  • @wissbegierigkeit7001

    @wissbegierigkeit7001

    Жыл бұрын

    @@Flat_Earth_Addy No

  • @deanrandall3
    @deanrandall34 жыл бұрын

    Do they expect a 5 bedroom furnished house with a fountain and a tennis court with an Olympic pool lol

  • @z-tech7692

    @z-tech7692

    4 жыл бұрын

    Facts

  • @julesg.3562

    @julesg.3562

    4 жыл бұрын

    Ikr😆🙄

  • @oscarespinoza9740

    @oscarespinoza9740

    4 жыл бұрын

    Italy: come buy abandoned homes for a dollar People: WTF its not completely repaired and fully furnished why did i spend a dollar on this

  • @jeremytjong2595

    @jeremytjong2595

    4 жыл бұрын

    Well I mean maybe not a fountain

  • @AngloImperial

    @AngloImperial

    4 жыл бұрын

    first name last namec What do you expect an /abandoned/ home to look like?

  • @lakojake4215
    @lakojake42153 жыл бұрын

    So instead of $1 it's more like $75000? That is... still a really really good price. It's just a lot of work.

  • @roryhanlon927

    @roryhanlon927

    3 жыл бұрын

    @@dev_kaos You can see why it'd be a perfect project for a retired couple or as a holiday home or something, obviously its not for everyone but its definitely not a "scam".

  • @Franz.guarda

    @Franz.guarda

    3 жыл бұрын

    It's pretty good if you are retired and so you don't need to work to live and you are willing to stay in a really remote place with little services, the only pro is that life in those places is cheaper than a city

  • @mister0sir

    @mister0sir

    3 жыл бұрын

    @@Franz.guarda The thing is the town started this so YOUNG people will come and repopulate the town, if its only a good deal for old people, then the program was a failure.

  • @dmeditz8100

    @dmeditz8100

    3 жыл бұрын

    @@roryhanlon927 it will be my future town my own World if no one will interested to live their I'll make a new world with diverse people those girls and orphan who were just 12 yrs and sold by their own parents and orphan boys i will buy them teach them skills like farming and AI and 3d printing well make world where you diverse food tradition but a common language as english with hygiene and cleanliness only if locals have tolerance.

  • @petermaier3725

    @petermaier3725

    3 жыл бұрын

    @@dev_kaos Totally agree with you. I'd rather prefer a smaller, ready to go apartment in a normal town with some infrastructure. What towns in Italy would be your preference with this criteria?

  • @tamb7587
    @tamb7587 Жыл бұрын

    This was a brilliant idea , I don’t find it bad at all ! It’s too bad we don’t do something like this in America with abandoned homes!

  • @DTA-me3kv

    @DTA-me3kv

    Жыл бұрын

    Great Idea

  • @Al-McGregor

    @Al-McGregor

    Жыл бұрын

    because Italian homes are made with bricks, rocks and massive wood and they last forever if there is minimum maintenance, north american homes are made with poor materials and need a lot of work during their life.

  • @lellan1288
    @lellan1288 Жыл бұрын

    What a unique solution! It’s rare that circumstances would align in such a way that change like this would be adapted as well as it has.

  • @breana213800
    @breana2138003 жыл бұрын

    A home under $100,000 is still a really great deal You’ll never find a location with that much culture, history, and tourism in the states for that price

  • @ruthiehensh

    @ruthiehensh

    3 жыл бұрын

    Well said, breana

  • @budle89

    @budle89

    3 жыл бұрын

    The amount of people leaving the city says otherwise. Oh wait. Didn't get that you were referring "the states" as "The States". Nevermind.

  • @NikkiDraven

    @NikkiDraven

    3 жыл бұрын

    You have to be really in love with no attractions, no amusement and many others things, I’m a young woman from Sardinia and my city is quite small, here doesn’t happen so much, if I imagine to move in an even more little city I’d prefer to die. This city maybe be suitable for elders, people who don’t have many amusement needs. Life in those cities are very simple, basic, young people are escaping for good reasons. But those can be good choices as vacation housees just for few month a year when you live in a veeeeery busy metropolis and need to just relax.

  • @breana213800

    @breana213800

    3 жыл бұрын

    @@budle89 ahhh!! sorry about the confusion!!!

  • @johnortiz9789

    @johnortiz9789

    3 жыл бұрын

    It’s probably will also have a really cool international atmosphere in the future

  • @cecilyerker
    @cecilyerker4 жыл бұрын

    $70,000 in renovations isn’t too bad if it makes the home worth $100,000

  • @realprisec

    @realprisec

    4 жыл бұрын

    m uh the houses will be rebuilt. They will look good and people would want to live there

  • @realprisec

    @realprisec

    4 жыл бұрын

    m Uh, I know someone who did. Now he just gives it to other people for rent and in 5 months will profit.

  • @realprisec

    @realprisec

    4 жыл бұрын

    @m Nah he's not the only one.

  • @Avm371998

    @Avm371998

    4 жыл бұрын

    You spend years on it... 30k for years of work isn't worth it for me

  • @user-ye4yn7qe3y

    @user-ye4yn7qe3y

    4 жыл бұрын

    A home worth 100k in a desolate area that has no buyers or resell opportunity that cost you 70k in renovations is called a bad investment aka wasting 70k. Btw, only 70k nbd.

  • @kevinmccabe7263
    @kevinmccabe7263 Жыл бұрын

    My wife and I just paid $260,000 for a 3 bed, 1.5 bathroom house in Rochester... $76,000 for a renovated home in rural sicily still sounds like a steal!

  • @Flat_Earth_Addy

    @Flat_Earth_Addy

    Жыл бұрын

    Well you are an arrogant millionaire. For those of us raising 10 kids on $20 a month, where would we possibly get $76,000? Let alone the fact that when you get the house, you can't legally live in it!

  • @fredpuntdroad8701

    @fredpuntdroad8701

    Жыл бұрын

    @@Flat_Earth_Addy If you've $ 20 a month, you're an absolute donut if you have a child, nevermind several.

  • @fredpuntdroad8701

    @fredpuntdroad8701

    Жыл бұрын

    Until you realise that you'll have a low-wage menial job AND still a 2 hour per day commute and half your neighbours are old-fashioned boomers who only last year moved past throwing stones at you for cycling on sundays. The death-spiral of tiny villages is a bit more complicated than just housing prices. BTW, I paid € 500K for a 3 bedroom, 1 bathroom, 1 toilet and large attic house in Naarden, the Netherlands. Yet if they expected me to move there to Siciliy, or even one of the death-spiral villages here, you couldn't pay me to move there. And I'm a rathole 20K village myself. I mean, you yourself could've picked a $ 1 home in Detroit, but you didn't. Probably because you like to have work, don't like to get robbed weekly, don't like to see all your tax money sucked into a gaping hole called "This is the gap corporations left when they burned the place down", watch your kids get beaten up for being 'crackahs' weekly, get shot monthly and you prefer neighbours that are fewer than 100% hardcore racists who look at you funny all the time. So.... A tiny village full of old-fashioned boomers? No way. I grew up in such conditions and 18 years of watching people escape 'the fold' with booze and drugs, cycling 15 kilometers just to find something to do on the weekends, before listening to how this or that boomer guy fucked his own kids but the kids had the nerve to go to the police and ohnoes only now it's a scandal..... I've had quite enough for one life already. Give me the bigger towns, but not the cities.

  • @i3looi2
    @i3looi2 Жыл бұрын

    20k after renovations ? it's still a good deal for the common international tourist. Fix the house; get a vacation home; get return on the rent and airbnb etc.

  • @1015SaturdayNight
    @1015SaturdayNight4 жыл бұрын

    $70k after renovating? That's still incredible

  • @catcraft5527

    @catcraft5527

    4 жыл бұрын

    Ikr even a tiny terraced house in lancashire is £100,000

  • @ILikeBirds

    @ILikeBirds

    4 жыл бұрын

    Cat Craft a small 900 square foot apartment where I live can go up to $600k where I live

  • @juliettesthoughts1031

    @juliettesthoughts1031

    4 жыл бұрын

    My home is worth around $150k....and it is a shithole. I cannot afford to fix it because NY taxes are so high. That is why so many are fleeing the state. The Dems are destroying my state. I wish I had the way to go to Italy and make a buy...I would start the process with love (not to mention my family is from Italy❤️).

  • @lon2336

    @lon2336

    4 жыл бұрын

    Sydney, Australia people be like: Even at $76,000 that's still $1.4 million cheaper than here 👁👄👁

  • @jackmorgan1677

    @jackmorgan1677

    4 жыл бұрын

    @@juliettesthoughts1031 Ask a local agent to make the buy and pay a deposit to hold it. Go over there and renovate when the pandemic has passed or a vaccine is available.

  • @versatilitea2633
    @versatilitea26334 жыл бұрын

    buy a home for 1€ the home: looks like a hammered sh*t me as a home designer and engineer at the same time: I see this as an Absolute win!

  • @wonderhoy1871

    @wonderhoy1871

    4 жыл бұрын

    Woah I'm student and studying engineering. _.

  • @gigigigi8254

    @gigigigi8254

    4 жыл бұрын

    Can you do my house?

  • @Alexa-pc6ux

    @Alexa-pc6ux

    4 жыл бұрын

    Can you do my

  • @HeyoitsJay

    @HeyoitsJay

    4 жыл бұрын

    Do it do do it

  • @joshgabrielll

    @joshgabrielll

    4 жыл бұрын

    Can you do

  • @carmenortiz5294
    @carmenortiz5294 Жыл бұрын

    Great to have disposable money to get into one of those houses in Italy. Had to spend mine on a great 100 year home and separate cottage, on 1/3 acre, in the middle of nowhere in the tundra of Minnesota. So far about $124,000. Love the house and cottage, still a project in process, but almost there. Would not sell it for triple that. That is good idea, not just in Europe, but anywhere with old houses, made to last.

  • @VALHAUS

    @VALHAUS

    9 ай бұрын

    yeah, not all of us have disposable income, but to buy a property under $50K in Italy would be phenomenal and worth selling my place here in the States.

  • @ruthlinares7352
    @ruthlinares73522 жыл бұрын

    Awesome building proyects for the experienced and fully resourceful fixer upper who don't mind facing difficult challenges. The bigger the challenges the more amazing the rewards.

  • @m35cobol
    @m35cobol4 жыл бұрын

    Gold digger: how rich are you? Me: I own 50 houses in Italy.

  • @vanessamcallister4235

    @vanessamcallister4235

    4 жыл бұрын

    😄😅🤣

  • @AC-ow5kx

    @AC-ow5kx

    4 жыл бұрын

    Lmaoo

  • @Crunk9

    @Crunk9

    4 жыл бұрын

    Lmfao

  • @JodBronson

    @JodBronson

    4 жыл бұрын

    Start digging your own gold! 😅😅😅😅😅

  • @mikemartinez1557

    @mikemartinez1557

    4 жыл бұрын

    🤣🤣🤣🤣🤣🤣

  • @CurveTheRain
    @CurveTheRain4 жыл бұрын

    All the repairs and deposit combined is still cheaper than ANY home I’ve ever seen before.

  • @lyd3017

    @lyd3017

    4 жыл бұрын

    Honestly,investing on this houses are cheaper then investing in a fixer upper in the US

  • @absolutepunjabi2394

    @absolutepunjabi2394

    4 жыл бұрын

    In my country Punjab you can make mansion with 100k usd

  • @AndrewSteitz

    @AndrewSteitz

    4 жыл бұрын

    trufiend138 um, yeah, demolishing not allowed. That is exactly the point. You have to refurbish what is there to keep the original appearance

  • @AndrewSteitz

    @AndrewSteitz

    4 жыл бұрын

    trufiend138 I guess that would be something you would have to ask them. Their standards might not be the same as what you or I would declare as structurally unsound

  • @chalooter

    @chalooter

    4 жыл бұрын

    Ever been to a tax foreclosure auction? Plenty of cheap homes, but you need cash!

  • @kepckatherinec805
    @kepckatherinec80511 ай бұрын

    This was a very interesting and educational video. Thank you!

  • @Foodfry122
    @Foodfry1222 жыл бұрын

    I did the conversion, and at current rates, one of these homes would cost 60 lakh rupees. This is rural Italy. It might suck a little, but it's still Italy. A house that size in rural India (if you have the land) will cost around 40 lakhs and take 3-4 years to be completely completed. Now that is a really good deal in my opinion.

  • @everponderingstar
    @everponderingstar3 жыл бұрын

    Whats amazing is that you would basically be rebuilding a city back up with others and probably make friendships for life that live right next to u. That in itself is a selling point.

  • @minorbelitos2482

    @minorbelitos2482

    3 жыл бұрын

    Hallelujah

  • @sleverlight

    @sleverlight

    3 жыл бұрын

    yeah when I grow up I wanna move into a small town

  • @brewmeup5827

    @brewmeup5827

    3 жыл бұрын

    In a gold rush,.. sell the shovels ;)

  • @giaphu2091

    @giaphu2091

    3 жыл бұрын

    Also look at the view around the town !?

  • @TheAzidahaka

    @TheAzidahaka

    3 жыл бұрын

    friendships with people in their 70s or 80s

  • @elocinaqui24
    @elocinaqui244 жыл бұрын

    “Sounds like a rip-off” No! A house where I live is easily $300k. $70k is a steal for a completed fixer upper that started in major disrepair.

  • @heru-deshet359

    @heru-deshet359

    4 жыл бұрын

    Once done an earthquake will come along again and it's shit.

  • @gr5379

    @gr5379

    4 жыл бұрын

    The mafia comes knocking.....

  • @T42282

    @T42282

    4 жыл бұрын

    70k for an house in sambuca is a steal? Ahahah you don't know what are you talking about, in a small town of southern italy with 70k you can buy almost any ready to live house, without wasting all that time in restyiling... think If italian have all gone away from that places, maybe a reason exist 😉

  • @heru-deshet359

    @heru-deshet359

    4 жыл бұрын

    @@T42282 Local Mafia probably.

  • @kennymichaelalanya7134

    @kennymichaelalanya7134

    4 жыл бұрын

    Of course any part of southern italy is sketchy aF

  • @chanmarr8118
    @chanmarr8118 Жыл бұрын

    My bf’s family is from Limina in the Messina area. Hardly anyone is left there. The young people leave and the old population is dying out. People would at least go for the St. Filippo feast they have every summer but after Covid it hasn’t been that busy. That time of year really helped the businesses in the town.

  • @LGAussie

    @LGAussie

    Жыл бұрын

    Never forget how China ruined the world worldwide. Never buy Chinese goods, ever! Spend the extra dollar on local items.

  • @derekmahon1652
    @derekmahon1652 Жыл бұрын

    I wish the best for this initiative, Italy is a great country.

  • @CHANTARELLA

    @CHANTARELLA

    2 ай бұрын

    yeah that is all one can say really. a way to get people off the hook paying taxes on property they cannot get rid of

  • @BoulderConnoisseur
    @BoulderConnoisseur4 жыл бұрын

    How a mayor cleans up and increases tourism in his town while still getting paid. Seems like a win win for everyone great work!

  • @santaclause4285

    @santaclause4285

    4 жыл бұрын

    My best friendbought one, now his fiancee is pregnant with the neigbors ( giovanni) baby,

  • @jealouslosers1471

    @jealouslosers1471

    4 жыл бұрын

    @@ChanaElisheva yes

  • @jealouslosers1471

    @jealouslosers1471

    4 жыл бұрын

    @@ChanaElisheva columbus

  • @theman9048

    @theman9048

    4 жыл бұрын

    This is literally how the USA built the suburbs.

  • @aIkaIi

    @aIkaIi

    4 жыл бұрын

    @@ChanaElisheva RIP Chicago

  • @Mayuzawa3
    @Mayuzawa34 жыл бұрын

    "Those are homes that cost 1 euro, so we’ll call it a dollar house."

  • @ralphylad

    @ralphylad

    4 жыл бұрын

    Typical Americans

  • @cat_loves_curry5157

    @cat_loves_curry5157

    4 жыл бұрын

    Very American

  • @waterdrinkingexpert6797

    @waterdrinkingexpert6797

    4 жыл бұрын

    The dollar is the more recognised and accepted currency in addition to it being the most international, so it’s more appropriate for a global audience.

  • @cat_loves_curry5157

    @cat_loves_curry5157

    4 жыл бұрын

    @@waterdrinkingexpert6797 well in that case it's not a dollar..it's more than a dollar....

  • @waterdrinkingexpert6797

    @waterdrinkingexpert6797

    4 жыл бұрын

    cat_loves _curry it’s a difference of 10 cents, as near as makes no difference.

  • @booitis
    @booitis2 жыл бұрын

    This is such an amazing idea!

  • @scootiebootie3553
    @scootiebootie35532 жыл бұрын

    wow, its already a beautiful city. great idea. would have loved to have gotten in on this.

  • @nolsp7240
    @nolsp72404 жыл бұрын

    As long as there are no earthquakes, typhoons, and sinkholes - sounds like a great deal.

  • @DBT1007

    @DBT1007

    4 жыл бұрын

    Uhh the intro of this video clearly says that this town abandoned because earthquake

  • @senkobread1215

    @senkobread1215

    4 жыл бұрын

    Typhoons?

  • @ronnelacido1711

    @ronnelacido1711

    4 жыл бұрын

    none of that. it's just haunted. lol

  • @jet9465

    @jet9465

    4 жыл бұрын

    If you have money to restaurate them.yes

  • @UnknownNameUnknownNumber

    @UnknownNameUnknownNumber

    4 жыл бұрын

    What about bugs, robbers, security?

  • @Geofly93
    @Geofly934 жыл бұрын

    this is exactly what they did in NYC in the 70s. Sell whole buildings for a couple of bucks on the condition that you repair them within a certain amount of time. Those who took the task (usually mobsters) obviously profited a lot.

  • @philtripe

    @philtripe

    4 жыл бұрын

    thats when and how Trump built trump tower... the crime families controlled everything and now they are in the white house

  • @legion4698

    @legion4698

    4 жыл бұрын

    2big 2fail dude stop bringing on your political lie bait into KZread comments on a video that’s nothing about politics

  • @thaariqbinaziz2821

    @thaariqbinaziz2821

    4 жыл бұрын

    @@philtripe wtf are you talking about?

  • @mattmoves5920

    @mattmoves5920

    4 жыл бұрын

    A little town of 7000 people in the middle of nothing in the poorest area of the south of Italy where people don't even speak english can't be compared to New York

  • @abramo7700

    @abramo7700

    4 жыл бұрын

    2big 2fail shut up about politics.

  • @peachesmcgee4795
    @peachesmcgee4795 Жыл бұрын

    There's a TV show on in the UK at the moment with 2 famous friends renovating one of these houses.I think it's a great idea.

  • @dariosalvi4962
    @dariosalvi4962 Жыл бұрын

    “i love how you can see the stucco peeling off and the old stone popping out” yea in italy we call this a shithole

  • @CarrieV9
    @CarrieV93 жыл бұрын

    This is hilarious. “The true cost of these homes is far more than a dollar.” Wow. Thanks for clearing that up. 🤣🤣🤣

  • @cheeseisgud7311

    @cheeseisgud7311

    3 жыл бұрын

    Yeah, it's a $1.10

  • @dianegordon5366

    @dianegordon5366

    3 жыл бұрын

    @@cheeseisgud7311 lol ya get what ya pay for

  • @criticalthinkers3787

    @criticalthinkers3787

    3 жыл бұрын

    Try to buy the same house in north europe. For a shitty house in the netherlands you already pay 150k to 200k

  • @msbrando

    @msbrando

    3 жыл бұрын

    Lol hahaha

  • @riode2211

    @riode2211

    2 жыл бұрын

    Oh....you needed someone to clear it up to you? Your brain is retired and cannot do it by itself?

  • @tachankaisgod6689
    @tachankaisgod66893 жыл бұрын

    “That’s Gillian, she’s from Scotland” We knew

  • @tachankaisgod6689

    @tachankaisgod6689

    3 жыл бұрын

    @@andrewegan7011 I think you missed the point?

  • @jeylaiskender8500

    @jeylaiskender8500

    3 жыл бұрын

    🤣🤣🤣🤣

  • @CCK-jd8nc

    @CCK-jd8nc

    3 жыл бұрын

    @@andrewegan7011 wtf?

  • @mattymc6802

    @mattymc6802

    3 жыл бұрын

    @@andrewegan7011 the snp is a nationalist conservative party. They are definitely not socialists

  • @coolcat6341

    @coolcat6341

    3 жыл бұрын

    🤣👌🙏

  • @njlillycline
    @njlillycline2 жыл бұрын

    I believe the town my family came from (Biccari in Foggia) was doing this. My great-grandfather was a considerable landowner in that area but bequeathed it to his brother who stayed behind, much to our sadness!

  • @francesca1386

    @francesca1386

    Жыл бұрын

    I came to the US in the 60's.. I lived in Foggia, beautiful city and great childhood memories!! Ciao

  • @MadYunie00

    @MadYunie00

    9 ай бұрын

    Biccari is lovely, their making lots of improvement to get people back in the town and finding newcomers. It's worth a visit.

  • @Nyuffykah
    @Nyuffykah2 жыл бұрын

    What we're they expecting? That there would be no work required? These are amazing places 😍

  • @CherryLipstick6x3
    @CherryLipstick6x34 жыл бұрын

    Okay but someone needs to open a hardware store in their "dollar home" real quick. Then all of the new people can buy building stuff from them.

  • @designalenz4618

    @designalenz4618

    4 жыл бұрын

    Fuckin genius

  • @CM-id3wo

    @CM-id3wo

    4 жыл бұрын

    Your a business woman!

  • @janejan9728

    @janejan9728

    4 жыл бұрын

    Can confirm. I'm completing renovations on a $20,000 house with $80,000 renovations in Poland. We have 3 big DIY stores within a 15-30 minute drive. We're at ALL of them so often that we're ready to ask them to just rent us a suite in the stores!

  • @Tombombadillo999

    @Tombombadillo999

    4 жыл бұрын

    👍

  • @emell7025

    @emell7025

    4 жыл бұрын

    Local bureaucracy would never approve it. And your customer base would be about one dozen.

  • @mattm7788
    @mattm77883 жыл бұрын

    It would be really cool for a trade school to buy a bunch of them up and send their students abroad to work on them.

  • @aposterous4126

    @aposterous4126

    2 жыл бұрын

    Yo that would be really cool

  • @michellezevenaar

    @michellezevenaar

    2 жыл бұрын

    Great idea!

  • @JonatasAdoM

    @JonatasAdoM

    2 жыл бұрын

    But then they'll skyrocket in price.

  • @michellezevenaar

    @michellezevenaar

    2 жыл бұрын

    @@JonatasAdoM that's not a problem. No one living there is the problem. If they can renovate them then rent them out the school will continue to do it. The biggest problem is Italian red tape, it's extremely slow and difficult process.

  • @adonnarowe1811

    @adonnarowe1811

    2 жыл бұрын

    They won’t be 1$ anymore after that 😂

  • @lounirs
    @lounirs Жыл бұрын

    Still sad to know that some of these houses are going to be used as vacation houses. Locals hate that

  • @danni033081
    @danni0330812 жыл бұрын

    So sad if the town dies out the towns are so beautiful and historic. Its a sight to see.

  • @Natsokay
    @Natsokay3 жыл бұрын

    They don’t have a hardware store... sounds a like a good new business to start :)

  • @d3r4g45

    @d3r4g45

    3 жыл бұрын

    It means they didn't need one. Can't run a hardware store for one renovation house.

  • @happilyforever.aashuhappil2972

    @happilyforever.aashuhappil2972

    3 жыл бұрын

    Exactly

  • @hollypaddock105

    @hollypaddock105

    3 жыл бұрын

    I heard that opening a business in Italy usually requires a lot of bribes.

  • @ZoomILike2flyAway

    @ZoomILike2flyAway

    3 жыл бұрын

    Yeah easier to get scammed by the locals.

  • @ZoomILike2flyAway

    @ZoomILike2flyAway

    3 жыл бұрын

    @@hollypaddock105 u mean requires being extorted by the locals... or ☠️

  • @GoodGolly.MissLolly
    @GoodGolly.MissLolly3 жыл бұрын

    I’m not sure what the “rip off” is ... these places were pretty clear there’d be renovation costs and time limits when they advertised 🤷‍♀️

  • @j-sant-animations8105

    @j-sant-animations8105

    3 жыл бұрын

    Imagine thinking losing a dollar is a ripoff.

  • @supe4701

    @supe4701

    3 жыл бұрын

    @@j-sant-animations8105 you do realize they had to pay to pay more for reparations

  • @j-sant-animations8105

    @j-sant-animations8105

    3 жыл бұрын

    @@supe4701 ripoff as in they’ll get paradise for that one dollar. The rebuilding is the commitment, not the purchase

  • @rebeccawan3088

    @rebeccawan3088

    3 жыл бұрын

    of course it is a scam. this is a redevelopment project that the italy gov itself is supposed to pay for and they are putting a nice name over it to fool foreigners to invest and do the hardwork for them

  • @rebeccawan3088

    @rebeccawan3088

    3 жыл бұрын

    @@j-sant-animations8105 would u feel the same if u r asked to built a home in some poor African countries? coz it's no difference.

  • @vcastik
    @vcastik2 жыл бұрын

    From any point on this view, it is positive stories, and God bless you !

  • @SilentNinjaaa
    @SilentNinjaaa Жыл бұрын

    Older homes may potentially have weak foundations. Definitely worth a look

  • @FrankValchiria
    @FrankValchiria3 жыл бұрын

    if you have friends in Italy you can do the work for 20k easy , and even at 60k euro renovation it's a spectacular deal to own a house in sicily in a land blessed by sun . you can grow fruits and veggies whole year around . i wish i could have done it.

  • @BeautyLilya

    @BeautyLilya

    3 жыл бұрын

    Then why aren’t you doing it then?

  • @FuriousXGaming

    @FuriousXGaming

    3 жыл бұрын

    @@BeautyLilya they said they stopped due to COVID-19. So maybe that’s why they aren’t.

  • @stertcraft

    @stertcraft

    3 жыл бұрын

    nobody wants to live in a dead city with old people only

  • @FuriousXGaming

    @FuriousXGaming

    3 жыл бұрын

    @@stertcraft You make a great point, but it looked like their was some young people to but not many.

  • @Epic0201

    @Epic0201

    3 жыл бұрын

    @@stertcraft about that, not all the 1€ houses are in remote abandoned villages, some are in towns not far from big cities, there's still a few like that.

  • @incloudnine5433
    @incloudnine54334 жыл бұрын

    I mean, they did say they're selling old abandoned houses. Here in my country, a one bedroom apartment could rake up to at least 500k. 70k is a pretty good deal.

  • @rafisiam8755

    @rafisiam8755

    4 жыл бұрын

    Which country?

  • @sondrejohansen48

    @sondrejohansen48

    4 жыл бұрын

    In my country 🇸🇪 it will cost you at least 100k

  • @masonkim7

    @masonkim7

    4 жыл бұрын

    In LA for a one bedroom apartment, it's like 800K

  • @amberclarisse6928

    @amberclarisse6928

    4 жыл бұрын

    In Melbourne Australia it would cost about 1mil and up😅

  • @rubberducky893

    @rubberducky893

    4 жыл бұрын

    In Philly, the prices ranges from 80k to 4 or 5 million. Depending on what neighborhood you're in. Because of gentrification, the prices are steadily increasing. Which is good. Higher house cost would mean better schooling, grocery stores and more money being pushed into the community. But, there's a lot that are being pushed out. So, you'll see an increase of crimes in other neighborhoods that you didn't before. Like in Northeast Philly. My mom said that it was a very nice place back in the 80s or 90s. It was considered where the rich people lived. But because of gentrification, she saw a change. But I was too young. So, I just take my mom's word for it.

  • @keijimorita1849
    @keijimorita1849 Жыл бұрын

    I like how one of the Italians looks like Al Pacino & Dustin Hoffman put together.

  • @oneanddonetzone3673
    @oneanddonetzone3673 Жыл бұрын

    I know of a couple of people that bought farm homes because it was such romantic thoughts and they were going to remodel They get halfway through the projects and they find out it’s really cheaper just to bulldoze the house and build a brand new one

  • @RTDice11
    @RTDice113 жыл бұрын

    Those 'tiny, rural' towns still look so much denser, more beautiful, and more exciting than North American suburbia

  • @lauratt7743

    @lauratt7743

    3 жыл бұрын

    They are

  • @cindigonzalez7350

    @cindigonzalez7350

    3 жыл бұрын

    Yeh but America is a relatively new country, so of course ur not gonna see alot of what u call beauty, but there are still lots of beauty such as wildlife, national parks, cities and events u can go to. Hell even the little town I live in is the gateway to the Okefenokee Swamp and of though the park doesnt have good funding anymore u can go and see exhibits of our towns history. Our constitution and freedom is what makes us great as well. And the fact that suburbs exist is a good thing because it means we have a strong middle class.

  • @trouaconti7812

    @trouaconti7812

    3 жыл бұрын

    Spot on!!

  • @MatNefer

    @MatNefer

    3 жыл бұрын

    You think that because you don't live there. Italian tiny rural towns are nasty places full of all kinds of stupidity, bigotry, backward thinking, thinly (very thinly) veiled malice... quaint in appearance, but rotten to their core. They may be "denser" than American suburbia, but not only the way you meant it.

  • @avl5214

    @avl5214

    3 жыл бұрын

    Ong

  • @zTrueFear
    @zTrueFear4 жыл бұрын

    Im Italian. For what i knew about the 1€ home in north italy, You can’t buy it and resell it, you must make it as your own residence (that means that you need to live there at least more than 6 months a year i think) As it has being said in the video, the point of the 1€ home is to repopulate these places not to speculate, so i think that’s the same in Sicily. EDIT: It seems it s different in Sicily and you don’t need to live there to buy a 1€ home, still there are other “must do” to be eligible.

  • @donaldfuck

    @donaldfuck

    4 жыл бұрын

    Esattamente. Altrimenti le avrebbero tutte comprate imprese per lucrarci.

  • @mr.rosales411

    @mr.rosales411

    4 жыл бұрын

    You saved me a lot of time. Thanks

  • @yorusuyasoul69420

    @yorusuyasoul69420

    4 жыл бұрын

    I wish I can buy one if I get there

  • @prabhabinjola4515

    @prabhabinjola4515

    4 жыл бұрын

    Most informative comment. Thank you!

  • @p_roduct9211

    @p_roduct9211

    4 жыл бұрын

    Good to know. I wonder how the youth in Italy feel about their future job prospects with respect to buying power elsewhere in the cities.

  • @NS-kc8hb
    @NS-kc8hb Жыл бұрын

    Very informative

  • @ThePowerMoves
    @ThePowerMoves10 ай бұрын

    LOL what did you expect, a Tuscany villa with olive trees, wineyard, and Michelangelo paintings? Of course it's something you must fix

  • @bluvintage84
    @bluvintage842 жыл бұрын

    "The Truth Behind Italy's $1 Homes" Sound like there's a a scam hidden underneath, but for about just one euro did you expect the mansion with swimming pool and butler? It is clear that once you have bought the property you have to renovate it and secure it, most of the properties are still unsafe due to the earthquake. It is a project made to try to repopulate this country in a beautiful area that has been abandoned for years.

  • @tacosmexicanstyle7846

    @tacosmexicanstyle7846

    2 жыл бұрын

    I think it’s just calling out the click bait ‘journalism’ that has been spreading about the $1 home scheme like wildfire around the internet. In reality the deal was never that the home would cost $1, and social media has not accurately reported the facts. The clickbait stories also haven’t reported that there are legal obligations on buyers to invest further after the initial purchase. Lastly, international audiences have been frothing over the cheap property because their local markets are so inflated. I think these Italian officials know that North European and American buyers don’t have a clue what property actually costs in Italy, and I bet if you compare a 70-100k flat in a depopulated southern Italian village to other property around the country, it’s suddenly not so cheap. But foreigners from richer countries won’t know that.

  • @joejacko1587

    @joejacko1587

    2 жыл бұрын

    no course we didn't expect that the butler was completely optional

  • @jaytaylor2090

    @jaytaylor2090

    2 жыл бұрын

    @@joejacko1587 👌🤣🤣🤣🤣🤣

  • @lulianjuliuswassbach

    @lulianjuliuswassbach

    2 жыл бұрын

    I thought they ment that Sicily and other parts of southern Italy are literally controlled by the mafia

  • @112aslann

    @112aslann

    Жыл бұрын

    I don't know. i find it still wierd that it's listed as 1$ if the deposit is already 5.5k

  • @charlestownsend9280
    @charlestownsend92804 жыл бұрын

    Still cheaper than anything my government would call an affordable home for first time buyers.

  • @LynnAgain83

    @LynnAgain83

    3 жыл бұрын

    FACTS. I'm stuck in an inner city slum because I don't qualify or make 3-4× the amount they're asking which isn't a lot for a rental home but I'm on disability atm and barely make it through the month with a broken down car. Rent is $670 plus gas and electricity.

  • @spacecat942
    @spacecat942 Жыл бұрын

    3:09 "gee-u-seh-pee", I'm dying 😭

  • @MsMeyara
    @MsMeyara2 жыл бұрын

    In our country (The Netherlands) people made a tv show out of it. They showed how terrible these house was and how much work it was to start from nothing, but it was fun to watch!

  • @carlaperetto5943

    @carlaperetto5943

    Жыл бұрын

    Let's face it: you build on a piece of free land instead of having to buy the land. To me this is still a great deal!

  • @jamesb.ofdesertdistrict567
    @jamesb.ofdesertdistrict5674 жыл бұрын

    Me: Saves up a thousand bucks Also me: I am founding a nation

  • @tano1901

    @tano1901

    4 жыл бұрын

    Become a comedian.

  • @pennydyer1448

    @pennydyer1448

    4 жыл бұрын

    @Tano honestly I can’t tell if you are trying to be mean or are serious

  • @violetgirl1996

    @violetgirl1996

    4 жыл бұрын

    @@pennydyer1448 It is a supportive joke :)

  • @fatimaalaa2659

    @fatimaalaa2659

    4 жыл бұрын

    With all the micro nations already in Italy, another one can't hurt

  • @jamesb.ofdesertdistrict567

    @jamesb.ofdesertdistrict567

    4 жыл бұрын

    Fatima Alaa Yep.

  • @yashwanth8841
    @yashwanth88414 жыл бұрын

    This reporter talks like 2000$ is costly. It's still pretty cheap for a house

  • @iluvcamping

    @iluvcamping

    4 жыл бұрын

    $20k is a lot in comparison to $1, which is what these homes were being advertised as in headlines

  • @LegitkawasakiX

    @LegitkawasakiX

    4 жыл бұрын

    But you’re still going to be paying property taxes

  • @yashwanth8841

    @yashwanth8841

    4 жыл бұрын

    @@LegitkawasakiX paying property tax for 100000k house is different and property tax for 2000k house is different

  • @carpentryfirst3048

    @carpentryfirst3048

    4 жыл бұрын

    I paid almost 500k With 20% down for a semi that needs to be comoletely renovated. Base board heaters, aluminum wiring, old single pane windows. That's what you get an hour away from a major city in Canada. Pretty insane really.

  • @carpentryfirst3048

    @carpentryfirst3048

    4 жыл бұрын

    @space cowboy#2 1000 a week. It's decent but I know people with much easier jobs who make double.

  • @franescadiano
    @franescadiano Жыл бұрын

    No Italian would buy - or even accept as a gift - dumps like these! if they are left crumbling it is because nobody is foolish enough to pay tens, if not hundred of thousand of Euros to restore them. They are usually falling to pieces, rotting, and almost all of them are in places where it is hard to live and the heath in summer kills you. It's a business only for the locals, not for the naive buyers.

  • @joseluki
    @joseluki Жыл бұрын

    They are still not tackling the problem, that is the lack of job opportunities for young people, what is the point of this if there is no economy in these small towns to prosper?

  • @codaq4043
    @codaq40433 жыл бұрын

    In 3-4 years this place is gonna be insanely nice

  • @lianborgiademedici1016

    @lianborgiademedici1016

    3 жыл бұрын

    I hope so i'm not from italy but i love their project

  • @fabrix7907

    @fabrix7907

    3 жыл бұрын

    Not so soon, but in 10 yrs time they will open also business and population will grow and tourists will come to visit.

  • @andybaubau5961

    @andybaubau5961

    3 жыл бұрын

    Are you sure about it?

  • @fabrix7907

    @fabrix7907

    3 жыл бұрын

    @@andybaubau5961 If you know Italy a little bit you won't have any doubt.

  • @Caniballe

    @Caniballe

    2 жыл бұрын

    Nice = full of yankees and expensive hipster cafes? No, thanks!

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting4 жыл бұрын

    Interesting way to rebuild the city. Through investors.

  • @stevenartuso9708

    @stevenartuso9708

    4 жыл бұрын

    Yup they know what they doing

  • @HoneySuckle123

    @HoneySuckle123

    4 жыл бұрын

    The economy was begging for it

  • @NolanPRuiz

    @NolanPRuiz

    4 жыл бұрын

    Trying it in detroit. Its not terrible. Better than nothing at all.

  • @glamorsocial7081

    @glamorsocial7081

    4 жыл бұрын

    I would start a business out there , Screw a sexy italian woman & fertilise her egg. Then marry her give her a baby & buy a house. How does that sound does it sound good?

  • @WHITELIONNYC

    @WHITELIONNYC

    4 жыл бұрын

    @@glamorsocial7081 that's my dream. I love Italian women...

  • @Patrick.Weightman
    @Patrick.Weightman Жыл бұрын

    5:00 That ceiling 🤯 Beautiful

  • @PavelQuiteGood
    @PavelQuiteGood Жыл бұрын

    These are beautiful towns and very enthusiastic people. I hope everything works out, and people will have nice houses for a low price. This is an amazing program, in my opinion. I'd love to live in Italy: wine, lasagne, pleasant neighbours, sea, mountains, warmth. ☺

  • @user-tf5eb5mt7k

    @user-tf5eb5mt7k

    Жыл бұрын

    💙💛

  • @ilikenachosify

    @ilikenachosify

    Жыл бұрын

    Bloody nice answer ! Positive, enthusiastic and open minded ! Canadian? 🤣

  • @adityagautam1217

    @adityagautam1217

    Жыл бұрын

    ​@@ilikenachosify 😂😂

  • @hero4life338
    @hero4life3383 жыл бұрын

    Who else really wants to buy one of these houses and renovate them to beauty?

  • @lianborgiademedici1016

    @lianborgiademedici1016

    3 жыл бұрын

    I want to i like renovating but i can't because of corona

  • @ashaismael2379

    @ashaismael2379

    3 жыл бұрын

    Meee... i wanna do this! Damn! But i’m from Africa i’m scared of the racism

  • @lianborgiademedici1016

    @lianborgiademedici1016

    3 жыл бұрын

    @@ashaismael2379 idk i saw in italy a lot of people from asia and africa and they said that they didn't expirience any raisism maybe in france but not in italy

  • @bepinkfloyd814

    @bepinkfloyd814

    3 жыл бұрын

    @@lianborgiademedici1016 racism is everywhere. Is not bad like in the past but i mean there are some right Wing crazy bastardards with the Casapound or the leghisti. But in general only a little percent is stupid or racist here.

  • @NathalieLozano

    @NathalieLozano

    3 жыл бұрын

    I want to get a whole building! It might cost me no more than 50 euros hahaha

  • @dillancxng624
    @dillancxng6244 жыл бұрын

    “Buys multiple homes in foreign countries” complains like they’re broke...

  • @dragoncrystal24

    @dragoncrystal24

    4 жыл бұрын

    Which one of them complained? They all seemed to be pleased with it in the end

  • @nah8986

    @nah8986

    4 жыл бұрын

    Did you watch the video?

  • @bgcm1995

    @bgcm1995

    4 жыл бұрын

    @@nah8986 apparently 500 other people didn't watch the video cuz this main comment got that many likes lmao

  • @nah8986

    @nah8986

    4 жыл бұрын

    @@bgcm1995 1.1k people clicked on this video and read the comments instead of watching

  • @CrystalRose1111

    @CrystalRose1111

    4 жыл бұрын

    @Nah Why do people do this lol

  • @growinggenerationshomestea516
    @growinggenerationshomestea51611 ай бұрын

    I have seen good homes, renovation in 1-2 weeks and you have a good home. I'm watching a family now renovate one on youtube

  • @jamiebrooks457
    @jamiebrooks457 Жыл бұрын

    Not gonna lie, $76,000 is still SUPER cheap for a house. Houses run upwards of $200,000 here in the US.

  • @magnolia2
    @magnolia24 жыл бұрын

    It’s always too good to be true. But it’s still much cheaper than buying a brand new home. Wishing them smooth sailing with the renovations. May they all be beautiful in the end and they enjoy it to the max!

  • @isse6790

    @isse6790

    4 жыл бұрын

    It... is true? What were you expecting?

  • @maxhearn502

    @maxhearn502

    4 жыл бұрын

    70,000€ for a home in the Italian countryside is cheap. I think the buyers considered the price and still thought it was a great deal.

  • @serenissimarespublicavenet3945

    @serenissimarespublicavenet3945

    4 жыл бұрын

    @@maxhearn502 Yeah, for 70000 euros you could probably only buy a 40 square metre flat in an Italian town. A whole house, like these are buying, would cost, at least, 200000 euros, if it's in perfect conditions

  • @thetonycam3944

    @thetonycam3944

    4 жыл бұрын

    It's a DIYers dream

  • @thetemptedvida8650

    @thetemptedvida8650

    4 жыл бұрын

    @@OpiumBride There's people who probably live in fairytales lmao

  • @sugarmilk28
    @sugarmilk283 жыл бұрын

    If you are being sold a 1$ house don't expect it's going to be a new house. 70k for a home in Italy is a great price.

  • @Frippa340

    @Frippa340

    2 жыл бұрын

    dipende, nei villaggi sperduti della sicilia le case completamente abitabili possono costare anche solo 30mila euri

  • @markdove5930

    @markdove5930

    2 жыл бұрын

    It's really not you have no idea about anything stop. At 70k I can find something a lot better than a run down trash in a dying city.

  • @filippogamer2994

    @filippogamer2994

    2 жыл бұрын

    @@markdove5930 for 70k you would have an really modern and expensive house, none of the houses they showed was that expensive probably less than 30k

  • @youraveragejoe1

    @youraveragejoe1

    2 жыл бұрын

    @@filippogamer2994 is Italy really that cheap?! Only 70k for a really modern expensive house?

  • @filippogamer2994

    @filippogamer2994

    2 жыл бұрын

    @@youraveragejoe1 no but if you pay 1$ for the house and you don’t do a lot of work. I don’t remember it was a lot time ago

  • @tsarina24honolulu87
    @tsarina24honolulu872 жыл бұрын

    My grandparents house in the USA was bought for 5k. Its worth a heck of alot more now with renovations and the neighborhood change.

  • @dramastudiobordeaux8058
    @dramastudiobordeaux805811 ай бұрын

    Another hidden cost: not including the monthly protection money you will have to pay the local mafia. Good luck.

  • @jessshnarcky1089
    @jessshnarcky10893 жыл бұрын

    These are still cheaper than houses in the US even with renovations.

  • @CursedMudflap

    @CursedMudflap

    3 жыл бұрын

    What about houses in Detroit?

  • @scwirpeo

    @scwirpeo

    3 жыл бұрын

    @@CursedMudflap Do renovations in Detroit and they will burn it down and steal the new copper out of the walls in a week. In Italy you might still have a house when you finish renovating and there won't be half a dozen dead bodies in the empty burned down lots on your street.

  • @SuperSmith

    @SuperSmith

    3 жыл бұрын

    @@scwirpeo living in a new house in detroit must be like in 7 days to die where at night the zombies come out and attack your home. Sounds badass.

  • @incisivecommenter5974

    @incisivecommenter5974

    3 жыл бұрын

    I don't know about that, sounds too good to be true

  • @AaronsVlogTube

    @AaronsVlogTube

    2 жыл бұрын

    @@CursedMudflap hell no! I wouldn’t live in suburbia jungle It alot cheaper to live in europe than USA

  • @inthesparklingsky
    @inthesparklingsky3 жыл бұрын

    I want to say two things. First, as an Italian, thank you for spending your money in my country and helping to bring back this town to its former glory. Second, your neighbor’s lasagna might seriously make all the money you spent worthy. Hehehe! ;D

  • @jakethespoopycat

    @jakethespoopycat

    3 жыл бұрын

    Ok but any tips for a lactose free lasagna

  • @animequeen78

    @animequeen78

    3 жыл бұрын

    @@jakethespoopycat Probably mix up unsweetened almond butter with salt, onion and garlic powders, and lemon juice.

  • @jakethespoopycat

    @jakethespoopycat

    3 жыл бұрын

    @@animequeen78 thanks

  • @animequeen78

    @animequeen78

    3 жыл бұрын

    @@jakethespoopycat No prob. And for a mock anchovy paste for vegans, you can make a puree of seaweed, soy sauce, and olive oil. It's not an exact taste, but I found it a suitable facsimile.

  • @jakethespoopycat

    @jakethespoopycat

    3 жыл бұрын

    @@animequeen78 I’m not vegan but still a good tip!👍

  • @VALHAUS
    @VALHAUS9 ай бұрын

    I'm in my mid 50's and am contemplating moving to Sicily after gaining dual citizenship. I figure that things here in the US aren't the same as when my great grandfather immigrated here in the late 1800's, so it's time to get back to my roots. I know enough Italian to get a date, and luckily inherited my Italian grandmother's cooking genes, so I think I would fit in and not come off as a total American tourist..... I hope!

  • @gilberturesti338
    @gilberturesti338 Жыл бұрын

    always look at the fine print! Living aboard myself you learn all the building issues from locals and officials. Personally consider a farm house rather a town dwelling more options snd less restrictions.

  • @quite1enough
    @quite1enough3 жыл бұрын

    so lol, I can sell my small flat in social building in Russia, buy a house in Italy and repair it and still left with substantial amount of money after that

  • @orekrstic8910

    @orekrstic8910

    3 жыл бұрын

    @@Couchlover47 hahahahahahha

  • @marianocolsin8968

    @marianocolsin8968

    3 жыл бұрын

    Whats stoping you of do it?

  • @quite1enough

    @quite1enough

    3 жыл бұрын

    @@marianocolsin8968 numerous things, but mainly very poor health condition, because of which I can't be sure if I'll be able to work, if I even find any

  • @marianocolsin8968

    @marianocolsin8968

    3 жыл бұрын

    @@quite1enough I'm sorry for that. Hope you get better very soon.

  • @quite1enough

    @quite1enough

    3 жыл бұрын

    @@marianocolsin8968 ¡gracias!

  • @helloworld7818
    @helloworld78184 жыл бұрын

    I mean, If you have money, you can restore everything and you'll have a great house. But they're giving the ground and the place for free. Which is amazing.

  • @jensen_2261
    @jensen_2261 Жыл бұрын

    If all of these costs, deposits, terms were known right away when the customers bought these homes it absolutely is not a scam. They all knew what they were getting into. Unless they were only told this after they paid.

  • @jaymcbakerk
    @jaymcbakerk Жыл бұрын

    Who the hell pays $1 for a house and then expects it to be a cute cottage in an amazing location

  • @chelseapw
    @chelseapw2 жыл бұрын

    We bought an 800sqft home for 23k (not in rubble/structurally sound/just needs facelift) and our architect is doing complete renovations for 20k in southern Italy. Totally worth it.

  • @mozdickson

    @mozdickson

    2 жыл бұрын

    LOL (having watched plenty of footage of this kind of thing, you are dreaming) 20K hahah! Even the property taxes and approvals will exceed that.

  • @emilsabatini4038

    @emilsabatini4038

    2 жыл бұрын

    So there were problems or concerns with cost, availability, and delivery of building materials and then cost of architect and contractor? Your architect is your contractor doing your renovations? I meant 2 ask there were no problems or concerns?

  • @dorotak1728

    @dorotak1728

    2 жыл бұрын

    Sounds good! Good luck guys. Even if it's a bit more I think it would be still worth it :)

  • @randymack1782

    @randymack1782

    2 жыл бұрын

    @@mozdickson thats what holds me back, I live in rural USA, I have done major renovations to my home, property, never once needed an architect to draw plans, nor a contractor to do any work, I am fully capable to do all my own work, other than roofing now, but never need to get anything approved, or red tape, growing up, I worked many years of my youth for a licensed contractor, so I know what I am doing, and I also graduated from electrical programs in college for electrical wiring, so why would I want to pay for people to get involved with red tape? and contractor to do any work I could do myself. my wife is retiring either this year or next, undecided, I may work 4-5 more years, but would love to have a vacation home to stay at months at a time. presently I do own 3 homes, with 45 miles, & I have done all work myself, but its time to sell 2 of them.

  • @paperxplane1

    @paperxplane1

    2 жыл бұрын

    @@mozdickson You would be surprised, having a home in Italy and having hired contractors and asked handy older family members and their friends for help, renovations are pretty cheap in Italy. Especially because the demand is low.

  • @MeikaiBry
    @MeikaiBry4 жыл бұрын

    moderator: it’s not that cheap you could spend $70,000 . . us market: *laughs in $300,000

  • @tehyarouse6008

    @tehyarouse6008

    4 жыл бұрын

    Sydney, Australia: *laughs in $1,100,000 AUD (around $800,000 USD)

  • @luka3174

    @luka3174

    4 жыл бұрын

    Tehya Rouse and that’s an average house!

  • @cayess

    @cayess

    4 жыл бұрын

    Socal: *laughs in $1,000,000

  • @Gechi999

    @Gechi999

    4 жыл бұрын

    $300 000 for a house is kinda cheap

  • @Raymondstu

    @Raymondstu

    4 жыл бұрын

    $300k is a little cheap there for a house, try 1.5m here in Vancity for your comparable house

  • @dannyc7659
    @dannyc7659 Жыл бұрын

    Not 17k but 30k..... cannot do most of the work by yourself, must engage local architects, contractors, etc. Italian government should loosen their policies if they are truely sincere to the revival of their abandoned towns and cities. Especially the application and approval processes for building permits, visas, permanent residency and recognition of dual citizenship. Taxes and various fees involving properties should also be relaxed if they really want to see their objection taking off.

  • @JK-hj6kg
    @JK-hj6kg Жыл бұрын

    I'd prolly buy one if I get to go in Italy and start renovating that house

  • @Flat_Earth_Addy

    @Flat_Earth_Addy

    Жыл бұрын

    You are not allowed.

  • @LGAussie

    @LGAussie

    Жыл бұрын

    Don’t get fooled. The money to renovate and all the Italian rules will ruin ur plans. Steer clear. They should pay ppl to take them!

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