I think something really important that people should know, is that you can't buy 1Euro homes to resell, renovate and just rent out as a tourism venture. The purpose of the scheme is to get people living in the villages again, so there are caveats on purchasing a 1Euro home. It's not about buying, renovating and making money quickly. It can often be better for people to spend a little bit more and not be bound by the rules of a 1Euro home, that way they can do whatever they like afterwards. I think this is super important for people to understand. :D
Very good point. I also like to point out often that if these apartments were in areas that lend themselves to being rented with good tourist flow they wouldn’t be abandoned to begin with. Make it a place you enjoy! Thanks Marisa! - Brad
@@RIOSALEXANDRA its a repopulation programme. it should lead to italian citizenship frankly....also i think it requires a pernament adress in italy...buy only if you really want to live there. that means you value italian heritage,culture,gastrnonomy or the italian people. i do i would probably buy that house at the end. its almost perfect...
YOU ARE VERY CORRECT, I PREFER TO BUY SOMETHING THAT ONLY NEEDS COSMETIC REPAIRS LIKE FOR $25k AND DO AS I LIKE WITH IT, RENT IT OUT OR LIVE IN IT OR SELL IT
Hey PB- There are lots of charming towns that are super inexpensive... Gosh and the people are generally so nice, especially if you take a little time to learn a few words of Italian. Hope you can make it here someday! BRAD
Reminds me of the town layout in the film Chocolat. Biking would be a better way to get from village to village if you didnt get run over. How would this village be for a expat community? Is health care available or services for your vehicle? If you were to build an AirBnb and your own house you could really add something to the community.
I DON'T consider spending 100,000Euros any kind of bargain for a house that has no land. It might suit some, but to me that's no bargain ! For people that want to live in a small Italian village & get into the lifestyle it's a great chance to do so, and these little places can certainly be very charming. Most of them seem to be a lot bigger inside than they look too. I do love all the stonework & charming doors & ironwork balconies of some of the homes - really pretty !
Hey Veronica! This was the very first video I did...! :-0 After about 4-5 villages, I got the impression that you are much better finding a place you really want to be and then searching there. Most of Italy has so many places for sale, even VERY popular cities. Usually you can find a place for under $50,000 that may need fix-up, but usually the kind of stuff that most people can do solo or stuff that can be done over time. One of the biggest expenses in doing a total remodel like a derelict one euro house is where are you going to stay while it is under remodel for 6-12 months?!? Italy started a scheme during Covid to help pay for peoples remodeling at home and it has completely jam packed the contractors with business, raised prices for any sort of home products from solar, to wood to you name it. So good catch and thanks for watching the video. I will be going to Abruzzon in September because there you can find so many houses that are liveable for under $20,000 and I am taking my Brother-in-Law with me because he wants a nice houes for under $50,000 all in! Take care, BRAD
Hey Alex! If I remember correctly there is even a sausage fest every year there right? It's a great little town. I think all the 1 euro houses are done now, but it is still a neat place to visit! BRAD
@@BradsWorld yeah, i live in la spezia and you can easily buy pignone sausages in bigger supermarkets, there also are san benedetto sausages but i find them less tasty
Wow! This is so sad, to see centuries old buildings left to the elements full of history. I do hope there is someway of restoring and repopulating th❤e❤se❤ beautiful towns ❤.
houses built into the moutains tend to have significant mold issues and black mold is deadly , also radon is radon a concern in tehse stone houses. Seems like working on stone house would a dying art so very few craftsmen would be available specially if tehy busy working on other houses, and then mudslides I think would be a concer as well
On the other hand there was no mold that I saw, and it’s been there for like 500 years already and still going strong. We’ve never had a problem finding quality craftsmen for our work and a good agent like we have there in that town would know everybody of quality and be able to help.
Thanks for sharing this. Do the renovations need to meet some timeframe? Or can one invest in the renovation say over a year or two? Do you need to prove some level of cash on hand or can a guaranteed income suffice to begin renovations?
Usually it’s like a 2-3 year timeframe. Don’t think they have requirements for credit or cash worthiness. Usually you out a small €2-5,000 deposit up front.
Thank you for the video. Could you please advise on the visa processing. Can we get some residency if we buy a house? How we can stay? We are Australian.
Thanks for sharing. Lovely informative video . We are Indian living in UAE since 2008, can we buy and settled here with permanent residency? Thanks in advance
Of course you can buy and settle with permanent residency. You could be here halftime without even a visa and you’re allowed to buy any papers. But you’ll be limited to 90 days in country out of 180. Check with your local consulate to make sure that’s correct.
hahaha, never gets old! In the video in text I said "Ligurian Sea", but yes in the audio I did say Ocean... I just meant a place with big fish and salty water. I think most people figured it out.
Wow! I was just in Cinque Terre and quite a beautiful area. Does anyone know what property taxes are like? Is there rail near the town? How easy is it to get contractors in and out of the property?
They had talked about finding some more houses but maybe they never did. Originally they had like a dozen, but it’s now been 16 months since I made my first TH-cam video about that town. You can do a general search there’s other pretty neat towns that are still trying to do something like that. But I still say instead of buying a total knock down house, find a place you really like and see if you can’t find some thing for 30 or $40,000 it’s inhabitable even 50 or $60,000 it’s still probably cheaper than bringing something back there’s just a couple crumbling walls in the roof like so many of those houses are. Good luck! - Brad
I read that when you buy these homes you can just go in and repair the home on your own. A Engineer and architect are required along with permits. Should that be true I think it’s easier to pay for a move in ready home which in the long run would save time and money IMHO🤔
Not sure if it’s required, but your point is valid regardless. I think people don’t fully comprehend how expensive it is to do remodeling and the amount of time that it takes. And we all know the time is money… Thanks for watching! BRAD
Lots of variables. Labor cheaper yes. I can get a plumber service call here for €50…. Parts and fixtures etc? About the same. But still about €2000/meter or about $220/sq ft for full total remodel. And all new paint, flooring, fixtures about $30-60/sq ft. Like a light remodel. More or less. Better to get something DIY-able.
Great video! Is it possible to rent it out to tourists you think? I have been in LA Spezia and I saw so many Italians renting out their houses on Airbnb. I loved to city and I love cinque terre
Unfortunately you have to live in the €1 houses. You can’t fix them up and sell them for profit or fix them up and rent them out, from what I understand. Their purpose is to get people back into the villages and they’re looking for residents not renters.
If only we had £5000 I'd definitely buy one and live in it while Renovating it myself, I couldn't return to the UK if I had a place like that. Too much BS in this country now.
Thing is every place has it's own peculiar BS - and I'm quite sure that Italy does too. There's the religious aspect of the country, then there's how it is to live in a small place where you are the foreigner - all the gossip can be hard to deal with - small places mean people are very inquisitive, and tend to be rather rigid in their views about things - that means they have opinions about what you do & will likely tell you in no uncertain terms if your ideas don't 'fit' ! I grew up in London & have seen both ways of living - small neighborhood full of busybodies as a child/teen, then snooty suburban area where nobody talks to their neighbors at all. Not sure I like either of those ways of living. Personally I need plenty of space from humans so this place is not for me ! Hope others will fix the places up & enjoy the positives tho !
There are video cameras on all freeways and they fine you quite heavily. So get your facts right. Also 45 degrees Celsius is very exaggerated. You’ve also got a certain time in which to make them livable.
No we ended up buying everything in Montepulciano in Southern Tuscany. A good rule of thumb for renovation cost if you’re using somebody is around $1500-$2000 per square meter or roughly $150-$200 per square foot free total renovation including plumbing, electrical, new roof, etc. etc. Of course you can always DIY and do things for a little less.
Hi Brad, h Can you direct me to get information about the 1 euro homes in pignone. My husband and I hold italian citizenship and would enjoy this town and the refurbishing project. We go to Italy 2x a year looking for the best little town for us. Thank you kathy
Hey Kathy! It’s been two years almost since I posted this. I think they have run out of participants willing to release their homes to the city. That being said, you can travel to these towns and always find places for sale. They may not be one euro, but they’ll be in functioning condition and the price difference between one euro and something for 40 or €50,000 that’s in functioning condition is negligible. It cost so much money to bring a €1 house back. Try using Idealista.it and do a property search in the area you’re interested in. Just remember that there’s 10 times as many properties available as what you see online since those are usually presented by a realtor.
Renovation will cost 5-600 Euros per square meter. Double that for extensive renovations. These costs assume that there aren't major undetected problems and that you'll find a competent and honest contractor (which in some areas is next to impossible). If you need to go to an Italian court of "justice", you'll never see your money again. EVER!
Hi! At this point the Village as exhausted the available properties they had to sell. Remember that buying a really beat a property as often more expensive than just finding something that’s reasonable not too far from the sea. I recommend using Idealista.it for doing property searches because they have a “drawn area on the map“ feature that allows you to just make a circle or any shape and you could run it all along the coast but just a little bit inland and get a lot of listings. Put in a price range of zero to 40,000 $ and see what comes up. I just did a video on buying one dollar homes. You should take a look at it. It’s not all it’s cracked up to be.
mate,there is no ocean near Italy, what was your mark on Geography, and since you are in Europe, temperature should be in Celsius, 45 celsius is quite hot , not quite cold as you said?
I think most people got I am talking about salty water with a beach. However good catch on the temp. I am trying in most of my videos to state it in F and C but sometimes I forget to do the calculation when I am talking without a script. Same with Km and Miles, and same with Euro and Dollar (which doesn't make that much difference, like 10 cents in this case. Anyway, Thanks for Watching and I will try to up my conversion skills! BRAD
Probably not more than $100 a month depending on the size. That was the average bill for an 800 square-foot apartment we have in Tuscany last winter. I think it’s more that this town is still coming back, being discovered… It’s not like the old days when you had to live and work in this town, now it’s just 20 minutes to tons of other cities and an hour to places like Lucca and Pisa. 🤷🏼♂️
That was close to two years ago. Sorry but I think they may be out. It was a small village. But try www.idealista.it and search that general area. Generally houses that are €1 need a TON of work. Try finding something for €25K that ha running water and electric that functions and a roof and you’ll be in a better position anyway.
I haven’t been back since February. Check their website that’s in the video or just google it to see. It’s a very small town so there isn’t a lot of inventory. Good luck!!
Yeah but how much would one cost that does not need anywhere the amount of work this one requires in similar towns like this? $100-150k sound like a lot to me in a town that looks pretty much dead.
I’ve been commenting on some of my newer videos that I think that the one dollar or one euro deal isn’t the deal that you would hope it would be. I think in a laddies Township and find something decent for $50,000 that you could move into with simple changes like new paint or a new kitchen counter etc. The price is so high because things in Italy are expensive right now, as far as remodeling goes. And also because you basically have to build a lot of these things from the ground up. Look at my video on a Santi Cosma.
If one buy's one of these houses and is not an EU citizen anymore (Thanks Brexit!) what kind of visa would one need to come and live here ? does the cheap houses scheme do anything to help with the case for getting the necessary residency etc. ?
Not sure about the UK, but from America we can stay 180 days out of the year but no more. And if you take residency, it can cause all sorts of tax complications. For now even though I’m buying two properties I’m keeping my US residency.
Erm no, I would very much like to still be in the EU. But 'thanks' to many of my compatriots voting to leave the EU in a referendum 6 years ago, for us UK citizens this is the new reality. I guess my comment 'thanks' wasn't quite sarcastic enough !
Lotta times these things are in historical districts which is a through the Italian government or local government have restrictions on doing stuff like bigger windows. But usually you can do the insides like you want as far as renovating and fixing them up. Just nothing that could be seen from the outside. But it just depends on the exact situation of town.
Thanks for the info, it would be nice to have further informations on this. 100-150K for renovation seems way too much for me, can you do the renovation yourself or with your own team once you bought a house like this? What are the rules for the purchases? Do u have to live there permanently or can u use it as a holiday home, can u even rent it out? Any visa or citizenship required? Many thanjs, its a lovely area by the way
Depends on size and job done. Remember that in many cases the entire mechanical systems including water, gas, electric and sewer have to be rebuilt. Plus floor and walls. But yes you can do a lot of the simple work like painting. My main reason for putting this specific pricing is because I Think that a lot of people think that they’re going to get handed the keys to a livable house. Also, the Italian government started a program for renovations a couple years ago. They pumped so much money into the renovation economy all across the country the prices have skyrocketed on materials and workers are hard to find right now. Maybe in a year prices and inflation will have cooled.
@@BradsWorld I would love to be able to buy one of these home's, but unfortunately I'm not working as a joiner anymore due to damage to my spine. So my family and I are stuck in the UK privately renting. If only.
@@richardstoker4963 You could still strike a deal where you live in a property and renovate it, invest a little in it and maintain it/ keep it safe and pay only the utilities and materials.
@@richardstoker4963 You could put out an advert as a house sitter or pet sitter or offer to maintain and handle the property in the off season or for many people who have not been able to travel & attend to their holiday homes. I live in Spain and am sure that if you have a small pension to live off of then you can mutually find an arrangement for taking care of someones property or land. I am willing to come to an agreement o my 3 bedroom apt. in the province of Malaga.
i am interested to see find out my children will be interested to migrate in this places can anyone help me going about it and help to stay permanently
There’s one very small market, and there’s a pizza restaurant that we saw that had a fresh menu outside, but there was also a VENDISI for sale sign on the door. I tell everyone remember, the best thing to do is to take a trip around, and don’t forget to look at houses in places where there’s more infrastructure because I think you can find a really nice apartment for $30-$40,000 that’s already fixed up and livable In many small towns.
@@BradsWorld can you or have you posted apartments like that in Italy ? Single person would love 1200 sq feet updated or comes with Italian workman handsome mid forties to sixties whose mother still cooks. But need WiFi international and a bar that shows Cubs games ??? I cook too.
Maggie, I was speaking off the cuff. I meant a salty body of water with really big fish in it. I hope that wasn't the only takeaway that you got from the video...
It's actually the "Ligurian Sea" which popped up in the video in text as well when I said "ocean"... There is also the Adriatic Sea, the Tyrrhenian Sea, and the Ionian Sea surrounding Italy. But I was talking for 5 minutes straight off the top of my head and I when I said "ocean" I just meant a place with a beach and salty water and pretty big fish. I'm a little sad that of all my info in the video that was your biggest takeaway.
Why all you americans go so crazy for cinque terre? It's just a nice sea town like other thousands in Italy. Btw if you really want to enjoy Italy and spend small money you should go to Calabria, Apulia or Sicily.
Money doesn’t get much smaller than €1…. I guess all the world (not just Americans) like Cinque Terre because the coastline, the five villages, and the surrounding hillsides are all part of the Cinque Terre National Park, a UNESCO World Heritage Site. Vernazza is a member of the I Borghi più belli d'Italia ("The most beautiful villages of Italy") association. So the ability to buy into a village at any price, let alone very reasonable prices regardless if they are €1, is pretty amazing.
Hey Pietro! Now that I’m nine months out, it seems this town has slowed its role. I don’t see any new listings for reclaimed houses. But it is a nice village. It’s also hard in seven minutes to be super concise and cover everything. But thanks for the comment and I’ll keep trying to do better and better! Brad
Absolutely... I actually said in the original video after I said "Why would anyone ever leave here?" I said "because there aren't any jobs". I cut it out because it sounded bleak... People forget that rural Italy in the 1950's and 1960's could easily be considered 3rd world living. Many places without running water and bathrooms etc. No work. That's why millions left for the US and elsewhere. I may catch hell for this reply but it is the truth. There are a reason why to this day they have so many abandoned homes in italy.
Hi Sierra! That’s a very astute comment! As I’ve traveled more and more, I’ve come to the conclusion that in most cases people are better off searching an area that they like and trying to buy a low-cost house that’s in livable condition. There’s just so many unknowns with the one euro houses. I’ve started mention this in videos of late. Thanks for watching and the comment! Brad
Google €1 towns. There will be lots of info on which towns offer these homes. But keep in mind that you’ll have to still qualify for moving to Italy and get your residency and for that I’m not equipped to help. But if you have other questions about Real Estate, write me at BradsWorld8@gmail.com. Good Luck!
Don't believe these prices. A quick search across the various estate agents sites will reveal the cheapest these houses go for is around €40k. Not sure why this guys is claiming you can get these homes for €1. Maybe he's just want to get his you-clicks up!
Go on the towns website and see the information. What agent is going to list a $1 house? Get $.06 in commission?!? The TOWN runs the sale from properties it takes back from owners who want to get out of tax bills they will owe and because they aren't coming back after Immigrating. Google "1 Euro homes Italy". There are about 30-40 towns doing it at least. Some even offer monthly stipends if you open a business etc... Check it out and believe it man! It is on the website I list in the video... While you are on TH-cam you can also search one euro homes and a ton of vides of different places will come up! Thanks for Watching!
The commentary is an oxymoron, the legal stipulation is that the property you decide to buy cannot be ‘ converted ‘ into a holiday home. That would be too easy, and b&b status is also not allowed. Period.
Thanks Ismail! Beyond that possibility, I think that it is better to start with an inhabitable apartment that you can greatly improve with simple painting, flooring type renovations AND be able live in it at the same time saving tons of money. Plus the fact you can find very affordable apartments for sale in all parts of Italy that aren't a complete redo from ground up... Move where you want, not where there are a few cheap houses. After seeing a bunch of these One Euro houses, that is my take away!
Of course. In the old days it was a four hour donkey ride to the coast. But now driving 20 mins to be in an other town like Monte rossa del mare.m. And only 45 mins to a big city like Pisa BnB or Lucca. Italy always amazes me! Thanks for watching.
That's the whole point. What did you expect? A large move-in-ready mansion done to your exact specification right in the Rome city center on a quiet leafy street with no neighbors, people, noise f any kind, roads, cars, or crime that is somehow near shops and restaurants? lol
So why in the hell will you buy 100k house in a abandoned city If you have 100k than you can buy a real house in a proper city down in South Italy or Spain as bonus the weather is astonishing
Hey Davide! I do but there isn't much on it yet. BradsWorld8 is my instagram. I really like Monterosso al Mare. My very first video was in Pignone which is just up in the hills near there, not more than 20 mins away. They were doing 1 Euro houses but I think they stopped... Good luck with the remodel and I know you will have it completely rented each season. Stay in Touch! BRAD
I think something really important that people should know, is that you can't buy 1Euro homes to resell, renovate and just rent out as a tourism venture. The purpose of the scheme is to get people living in the villages again, so there are caveats on purchasing a 1Euro home. It's not about buying, renovating and making money quickly. It can often be better for people to spend a little bit more and not be bound by the rules of a 1Euro home, that way they can do whatever they like afterwards. I think this is super important for people to understand. :D
Very good point. I also like to point out often that if these apartments were in areas that lend themselves to being rented with good tourist flow they wouldn’t be abandoned to begin with. Make it a place you enjoy! Thanks Marisa! - Brad
So it means that if someone buy the house they don’t own the house 🏡? Because someone else makes rules on my own house? That is so confusing 😅😂🤣
@@RIOSALEXANDRA its a repopulation programme. it should lead to italian citizenship frankly....also i think it requires a pernament adress in italy...buy only if you really want to live there. that means you value italian heritage,culture,gastrnonomy or the italian people. i do i would probably buy that house at the end. its almost perfect...
YOU ARE VERY CORRECT, I PREFER TO BUY SOMETHING THAT ONLY NEEDS COSMETIC REPAIRS LIKE FOR $25k AND DO AS I LIKE WITH IT, RENT IT OUT OR LIVE IN IT OR SELL IT
@@lucybalyanify exactly Lucy!
We left 'crazy' land and moved to Italy in 2021 - no regrets here. Keep up the good work
Congratulations! I get so many emails from people doing the same... And thanks for watching!
BRAD
If I had the money I would buy one of these in a heartbeat! I’d love to live in a smaller, older village like this.
Hey PB-
There are lots of charming towns that are super inexpensive... Gosh and the people are generally so nice, especially if you take a little time to learn a few words of Italian. Hope you can make it here someday!
BRAD
I spent a few months in Cinque Terre , each town has its own unique waterfront charm. I liked RioMaggiore a lot!
Whatever happens...just hope all of the village buildings eventually get restored. Such wonderful history and beauty.......
I think they will. As I shadowed in the video, that big building in center of town is becoming a BnB. That’s the kind of investment it needs.
Remember the old saying ... "if it looks too good to be true ... it probably is".
TREASURE IT!
Reminds me of the town layout in the film Chocolat. Biking would be a better way to get from village to village if you didnt get run over.
How would this village be for a expat community? Is health care available or services for your vehicle? If you were to build an AirBnb and your own house you could really add something to the community.
YEAH all they need is some love aaaaand 100 K.
Grazie mille Brad! Aspettiamo il video quando riceverai le chiavi della tua nuova casa.
Thank you so much for this video. Your commentary is just as hilarious in parts as it is very interesting. Very good. :)
I DON'T consider spending 100,000Euros any kind of bargain for a house that has no land. It might suit some, but to me that's no bargain ! For people that want to live in a small Italian village & get into the lifestyle it's a great chance to do so, and these little places can certainly be very charming. Most of them seem to be a lot bigger inside than they look too. I do love all the stonework & charming doors & ironwork balconies of some of the homes - really pretty !
Hey Veronica! This was the very first video I did...! :-0
After about 4-5 villages, I got the impression that you are much better finding a place you really want to be and then searching there. Most of Italy has so many places for sale, even VERY popular cities. Usually you can find a place for under $50,000 that may need fix-up, but usually the kind of stuff that most people can do solo or stuff that can be done over time. One of the biggest expenses in doing a total remodel like a derelict one euro house is where are you going to stay while it is under remodel for 6-12 months?!?
Italy started a scheme during Covid to help pay for peoples remodeling at home and it has completely jam packed the contractors with business, raised prices for any sort of home products from solar, to wood to you name it.
So good catch and thanks for watching the video. I will be going to Abruzzon in September because there you can find so many houses that are liveable for under $20,000 and I am taking my Brother-in-Law with me because he wants a nice houes for under $50,000 all in!
Take care,
BRAD
pignone is known for it's sausages, we usually eat them raw on bread or focaccia
Hey Alex!
If I remember correctly there is even a sausage fest every year there right? It's a great little town. I think all the 1 euro houses are done now, but it is still a neat place to visit!
BRAD
@@BradsWorld yeah, i live in la spezia and you can easily buy pignone sausages in bigger supermarkets, there also are san benedetto sausages but i find them less tasty
Wow! This is so sad, to see centuries old buildings left to the elements full of history. I do hope there is someway of restoring and repopulating th❤e❤se❤ beautiful towns ❤.
Really looking forward to seeing more of this. Visiting the area again myself for easter and I've been thinking about buying too... :)
Thanks Brad lots of excellent info here. Especially for a possible dkgital nomad like me. Always great to check options.
houses built into the moutains tend to have significant mold issues and black mold is deadly , also radon is radon a concern in tehse stone houses. Seems like working on stone house would a dying art so very few craftsmen would be available specially if tehy busy working on other houses, and then mudslides I think would be a concer as well
On the other hand there was no mold that I saw, and it’s been there for like 500 years already and still going strong. We’ve never had a problem finding quality craftsmen for our work and a good agent like we have there in that town would know everybody of quality and be able to help.
Thanks for sharing this. Do the renovations need to meet some timeframe? Or can one invest in the renovation say over a year or two? Do you need to prove some level of cash on hand or can a guaranteed income suffice to begin renovations?
Usually it’s like a 2-3 year timeframe. Don’t think they have requirements for credit or cash worthiness. Usually you out a small €2-5,000 deposit up front.
Wow . I want this experience . 😊😊
the cat was a paid actor 😂 loved this video
I tried to get it to do some more videos but he upped his daily wage and wanted residuals. 🤣🤠
Thank you for the video. Could you please advise on the visa processing. Can we get some residency if we buy a house? How we can stay? We are Australian.
Thank you for sharing 🖤
Thank you for this informative video.
Thanks for sharing. Lovely informative video . We are Indian living in UAE since 2008, can we buy and settled here with permanent residency? Thanks in advance
Of course you can buy and settle with permanent residency. You could be here halftime without even a visa and you’re allowed to buy any papers. But you’ll be limited to 90 days in country out of 180. Check with your local consulate to make sure that’s correct.
Great video. Thank you
Is Pigone close to the ocean? I thought it was near the mediterranean sea! When was it removed from the mediterranean area and put near the ocean??
hahaha, never gets old! In the video in text I said "Ligurian Sea", but yes in the audio I did say Ocean... I just meant a place with big fish and salty water. I think most people figured it out.
@@BradsWorld I'm sorry, I was just being overprotective about my Country, which I miss so much, above all our sea. Enjoy your new home 😊
Wow! I was just in Cinque Terre and quite a beautiful area. Does anyone know what property taxes are like? Is there rail near the town? How easy is it to get contractors in and out of the property?
Awesome
Thanks for your video. I went to the communes website but could not find the 1 Euro program. Do you know if it's still active? Thank you.
They had talked about finding some more houses but maybe they never did. Originally they had like a dozen, but it’s now been 16 months since I made my first TH-cam video about that town. You can do a general search there’s other pretty neat towns that are still trying to do something like that. But I still say instead of buying a total knock down house, find a place you really like and see if you can’t find some thing for 30 or $40,000 it’s inhabitable even 50 or $60,000 it’s still probably cheaper than bringing something back there’s just a couple crumbling walls in the roof like so many of those houses are.
Good luck! - Brad
I read that when you buy these homes you can just go in and repair the home on your own. A Engineer and architect are required along with permits. Should that be true I think it’s easier to pay for a move in ready home which in the long run would save time and money IMHO🤔
Not sure if it’s required, but your point is valid regardless. I think people don’t fully comprehend how expensive it is to do remodeling and the amount of time that it takes. And we all know the time is money… Thanks for watching! BRAD
Hey Brad, did you buy a house in Pignone in the end?? How was your experience?
Nooooo. Nice area but not my vibe. We down in Southern Tuscany.
Hey there , I'm a student and i want to live somewhere like this . Where can I get some help in purchasing a house for a euro?
I was with the understanding that renovation costs are much lower in Italy vs. the US. Is this not the case?
Lots of variables. Labor cheaper yes. I can get a plumber service call here for €50…. Parts and fixtures etc? About the same. But still about €2000/meter or about $220/sq ft for full total remodel.
And all new paint, flooring, fixtures about $30-60/sq ft. Like a light remodel. More or less. Better to get something DIY-able.
Great video! Is it possible to rent it out to tourists you think? I have been in LA Spezia and I saw so many Italians renting out their houses on Airbnb. I loved to city and I love cinque terre
Unfortunately you have to live in the €1 houses. You can’t fix them up and sell them for profit or fix them up and rent them out, from what I understand. Their purpose is to get people back into the villages and they’re looking for residents not renters.
If only we had £5000 I'd definitely buy one and live in it while Renovating it myself, I couldn't return to the UK if I had a place like that.
Too much BS in this country now.
Thing is every place has it's own peculiar BS - and I'm quite sure that Italy does too. There's the religious aspect of the country, then there's how it is to live in a small place where you are the foreigner - all the gossip can be hard to deal with - small places mean people are very inquisitive, and tend to be rather rigid in their views about things - that means they have opinions about what you do & will likely tell you in no uncertain terms if your ideas don't 'fit' ! I grew up in London & have seen both ways of living - small neighborhood full of busybodies as a child/teen, then snooty suburban area where nobody talks to their neighbors at all. Not sure I like either of those ways of living. Personally I need plenty of space from humans so this place is not for me ! Hope others will fix the places up & enjoy the positives tho !
There are video cameras on all freeways and they fine you quite heavily. So get your facts right. Also 45 degrees Celsius is very exaggerated. You’ve also got a certain time in which to make them livable.
Hello. Did you get the house? I am thinking of buying one to in that village but I donțt know an approximate cost of renovation?
No we ended up buying everything in Montepulciano in Southern Tuscany. A good rule of thumb for renovation cost if you’re using somebody is around $1500-$2000 per square meter or roughly $150-$200 per square foot free total renovation including plumbing, electrical, new roof, etc. etc. Of course you can always DIY and do things for a little less.
4:51 I like your informants..🙀
Hi Brad, h
Can you direct me to get information about the 1 euro homes in pignone. My husband and I hold italian citizenship and would enjoy this town and the refurbishing project. We go to Italy 2x a year looking for the best little town for us. Thank you kathy
Hey Kathy!
It’s been two years almost since I posted this. I think they have run out of participants willing to release their homes to the city.
That being said, you can travel to these towns and always find places for sale. They may not be one euro, but they’ll be in functioning condition and the price difference between one euro and something for 40 or €50,000 that’s in functioning condition is negligible. It cost so much money to bring a €1 house back.
Try using Idealista.it and do a property search in the area you’re interested in. Just remember that there’s 10 times as many properties available as what you see online since those are usually presented by a realtor.
Renovation will cost 5-600 Euros per square meter. Double that for extensive renovations.
These costs assume that there aren't major undetected problems and that you'll find a competent and honest contractor (which in some areas is next to impossible).
If you need to go to an Italian court of "justice", you'll never see your money again. EVER!
All true. Especially these costs. And that’s not for a total knock down like most €1 homes. Those are more like €2000/MQ
Nice video….how many people live there. Aprox
Few hundred. Remember that with cars anymore these are like neighborhoods. You can be to a town with all services in 15 mins.
i'm very interested to buy one of those 1Euro homes in Italy near the beach as you have shown in this video. Could you please help me to find one?
Hi! At this point the Village as exhausted the available properties they had to sell. Remember that buying a really beat a property as often more expensive than just finding something that’s reasonable not too far from the sea. I recommend using Idealista.it for doing property searches because they have a “drawn area on the map“ feature that allows you to just make a circle or any shape and you could run it all along the coast but just a little bit inland and get a lot of listings. Put in a price range of zero to 40,000 $ and see what comes up. I just did a video on buying one dollar homes. You should take a look at it. It’s not all it’s cracked up to be.
mate,there is no ocean near Italy, what was your mark on Geography, and since you are in Europe, temperature should be in Celsius, 45 celsius is quite hot , not quite cold as you said?
I think most people got I am talking about salty water with a beach. However good catch on the temp. I am trying in most of my videos to state it in F and C but sometimes I forget to do the calculation when I am talking without a script. Same with Km and Miles, and same with Euro and Dollar (which doesn't make that much difference, like 10 cents in this case. Anyway, Thanks for Watching and I will try to up my conversion skills! BRAD
@@BradsWorld you are good, great video , wish you all the best 👍 buddy from the bottom of my ❤️
Where do you live? Pignone sounds like a nice place to live. What region is it in?
Because it probably cost a lot to heat the place up in the in the winter ❄️
Probably not more than $100 a month depending on the size. That was the average bill for an 800 square-foot apartment we have in Tuscany last winter. I think it’s more that this town is still coming back, being discovered… It’s not like the old days when you had to live and work in this town, now it’s just 20 minutes to tons of other cities and an hour to places like Lucca and Pisa. 🤷🏼♂️
Thank you
Hello. I am checking their website out and cannot find where on it they are showing the 1 euro houses. Could you please assist. Thank you
www.comune.pignone.sp.it/it-it/avvisi/2021/faq-cessione-a-prezzo-simbolico-di-edifici-siti-nel-comune-di-pignone-manifestazione-interesse-220889-1-e646b5d0eb8acc4fb8ebc18cffb929d7
1£house was sale in my little Britain 90s
How’s the internet coverage for digital nomads ?
The cell service was fine. I don’t think internet is a problem as the town is close to bigger towns and just 12-15 from main autostrada.
Hey can you give me the website on where I can find properties in the same area as this
I tried to visit that page you gave at the start it the video but there’s no properties on it
That was close to two years ago. Sorry but I think they may be out. It was a small village. But try www.idealista.it and search that general area. Generally houses that are €1 need a TON of work. Try finding something for €25K that ha running water and electric that functions and a roof and you’ll be in a better position anyway.
Do you know if these homes are still available?
I haven’t been back since February. Check their website that’s in the video or just google it to see. It’s a very small town so there isn’t a lot of inventory. Good luck!!
Vary butpull italy ....👍👍👍👍👍👍💐
Thanks!
👍💐
Yeah but how much would one cost that does not need anywhere the amount of work this one requires in similar towns like this? $100-150k sound like a lot to me in a town that looks pretty much dead.
I’ve been commenting on some of my newer videos that I think that the one dollar or one euro deal isn’t the deal that you would hope it would be. I think in a laddies Township and find something decent for $50,000 that you could move into with simple changes like new paint or a new kitchen counter etc. The price is so high because things in Italy are expensive right now, as far as remodeling goes. And also because you basically have to build a lot of these things from the ground up. Look at my video on a Santi Cosma.
What's the web site?! Ty!
If one buy's one of these houses and is not an EU citizen anymore (Thanks Brexit!) what kind of visa would one need to come and live here ? does the cheap houses scheme do anything to help with the case for getting the necessary residency etc. ?
Not sure about the UK, but from America we can stay 180 days out of the year but no more. And if you take residency, it can cause all sorts of tax complications. For now even though I’m buying two properties I’m keeping my US residency.
No, Chris, buying property will not help you get residency in Italy. Anyone can buy property, but establishing residency is a separate process.
why thanks , brexit ? You prefer to be not in EU ?
Erm no, I would very much like to still be in the EU. But 'thanks' to many of my compatriots voting to leave the EU in a referendum 6 years ago, for us UK citizens this is the new reality. I guess my comment 'thanks' wasn't quite sarcastic enough !
@@BradsWorld How about Italian dual citizenship? Also, do you meet and greet by chance?
Are you also buying the land the house is on?
Yes!
@@BradsWorld That's good because I've heard that some nations are only leasing the land for 99 years, then kicking the home owners off the land.
Can you restaure a house like you want to, improve on it, modernise it, change to bigger windows.....
Lotta times these things are in historical districts which is a through the Italian government or local government have restrictions on doing stuff like bigger windows. But usually you can do the insides like you want as far as renovating and fixing them up. Just nothing that could be seen from the outside. But it just depends on the exact situation of town.
Can you get me the street and I will bring it up to show home standards.
Wot a project for me .
Award winning construction project manager.
Thanks for the info, it would be nice to have further informations on this. 100-150K for renovation seems way too much for me, can you do the renovation yourself or with your own team once you bought a house like this? What are the rules for the purchases? Do u have to live there permanently or can u use it as a holiday home, can u even rent it out? Any visa or citizenship required?
Many thanjs, its a lovely area by the way
Depends on size and job done. Remember that in many cases the entire mechanical systems including water, gas, electric and sewer have to be rebuilt. Plus floor and walls. But yes you can do a lot of the simple work like painting. My main reason for putting this specific pricing is because I Think that a lot of people think that they’re going to get handed the keys to a livable house. Also, the Italian government started a program for renovations a couple years ago. They pumped so much money into the renovation economy all across the country the prices have skyrocketed on materials and workers are hard to find right now. Maybe in a year prices and inflation will have cooled.
@@BradsWorld I would love to be able to buy one of these home's, but unfortunately I'm not working as a joiner anymore due to damage to my spine. So my family and I are stuck in the UK privately renting.
If only.
@@richardstoker4963 You could still strike a deal where you live in a property and renovate it, invest a little in it and maintain it/ keep it safe and pay only the utilities and materials.
@@apegrasshoplizard how do I go about doing this?
@@richardstoker4963 You could put out an advert as a house sitter or pet sitter or offer to maintain and handle the property in the off season or for many people who have not been able to travel & attend to their holiday homes. I live in Spain and am sure that if you have a small pension to live off of then you can mutually find an arrangement for taking care of someones property or land. I am willing to come to an agreement o my 3 bedroom apt. in the province of Malaga.
i am interested to see find out my children will be interested to migrate in this places can anyone help me going about it and help to stay permanently
Take it . We can work on partnership terms . Renovate the place
Are there restaurants or cafes in the town as well?
There’s one very small market, and there’s a pizza restaurant that we saw that had a fresh menu outside, but there was also a VENDISI for sale sign on the door. I tell everyone remember, the best thing to do is to take a trip around, and don’t forget to look at houses in places where there’s more infrastructure because I think you can find a really nice apartment for $30-$40,000 that’s already fixed up and livable In many small towns.
@@BradsWorld can you or have you posted apartments like that in Italy ? Single person would love 1200 sq feet updated or comes with Italian workman handsome mid forties to sixties whose mother still cooks.
But need WiFi international and a bar that shows Cubs games ???
I cook too.
@@carolinekaplan542 🤣😂🤣...Nice self promotion!
@@Movieman1965 if you or an uncle qualify please let me know
Brad...that's not the ocean.
Maggie, I was speaking off the cuff. I meant a salty body of water with really big fish in it. I hope that wasn't the only takeaway that you got from the video...
from the sea not the ocean 😆😆😅
I was speaking figuratively, wasn’t doing a geography piece. I believe the text on it said “Ligurian Sea”…. But good catch.
The Mediterranean Sea not the ocean.
It's actually the "Ligurian Sea" which popped up in the video in text as well when I said "ocean"... There is also the Adriatic Sea, the Tyrrhenian Sea, and the Ionian Sea surrounding Italy. But I was talking for 5 minutes straight off the top of my head and I when I said "ocean" I just meant a place with a beach and salty water and pretty big fish. I'm a little sad that of all my info in the video that was your biggest takeaway.
Why all you americans go so crazy for cinque terre? It's just a nice sea town like other thousands in Italy. Btw if you really want to enjoy Italy and spend small money you should go to Calabria, Apulia or Sicily.
Money doesn’t get much smaller than €1…. I guess all the world (not just Americans) like Cinque Terre because the coastline, the five villages, and the surrounding hillsides are all part of the Cinque Terre National Park, a UNESCO World Heritage Site. Vernazza is a member of the I Borghi più belli d'Italia ("The most beautiful villages of Italy") association.
So the ability to buy into a village at any price, let alone very reasonable prices regardless if they are €1, is pretty amazing.
Nome cita parfavore
Hi
Kindly do you have any contacts (real estate agent or office) to share so I can contact (in English )?
thanks
this video, in my opinion, does not tell the whole picture. Watch carefully and keep your brain connected.
Hey Pietro!
Now that I’m nine months out, it seems this town has slowed its role. I don’t see any new listings for reclaimed houses. But it is a nice village. It’s also hard in seven minutes to be super concise and cover everything. But thanks for the comment and I’ll keep trying to do better and better! Brad
Why are you dressed like Leon the professional?
Because it was cold and a crooked New York cop was hunting me down that day!
No employment maybe is why people leave.
Absolutely... I actually said in the original video after I said "Why would anyone ever leave here?" I said "because there aren't any jobs". I cut it out because it sounded bleak...
People forget that rural Italy in the 1950's and 1960's could easily be considered 3rd world living. Many places without running water and bathrooms etc. No work. That's why millions left for the US and elsewhere. I may catch hell for this reply but it is the truth. There are a reason why to this day they have so many abandoned homes in italy.
If it sounds to good to be true.....
Hi Sierra! That’s a very astute comment! As I’ve traveled more and more, I’ve come to the conclusion that in most cases people are better off searching an area that they like and trying to buy a low-cost house that’s in livable condition. There’s just so many unknowns with the one euro houses. I’ve started mention this in videos of late. Thanks for watching and the comment! Brad
i am intrested and my famly please help us
Google €1 towns. There will be lots of info on which towns offer these homes. But keep in mind that you’ll have to still qualify for moving to Italy and get your residency and for that I’m not equipped to help. But if you have other questions about Real Estate, write me at BradsWorld8@gmail.com. Good Luck!
Don't believe these prices. A quick search across the various estate agents sites will reveal the cheapest these houses go for is around €40k. Not sure why this guys is claiming you can get these homes for €1. Maybe he's just want to get his you-clicks up!
Because there are some Italian towns that have made this or similar offer. Google it
Go on the towns website and see the information. What agent is going to list a $1 house? Get $.06 in commission?!? The TOWN runs the sale from properties it takes back from owners who want to get out of tax bills they will owe and because they aren't coming back after Immigrating. Google "1 Euro homes Italy". There are about 30-40 towns doing it at least. Some even offer monthly stipends if you open a business etc... Check it out and believe it man! It is on the website I list in the video... While you are on TH-cam you can also search one euro homes and a ton of vides of different places will come up! Thanks for Watching!
The commentary is an oxymoron, the legal stipulation is that the property you decide to buy cannot be ‘ converted ‘ into a holiday home. That would be too easy, and b&b status is also not allowed. Period.
buongiuornuo
It’s a trap. You start with 1$ and after the auction it ends up with 30000 $ + the estate agent’s fees.
Thanks Ismail!
Beyond that possibility, I think that it is better to start with an inhabitable apartment that you can greatly improve with simple painting, flooring type renovations AND be able live in it at the same time saving tons of money. Plus the fact you can find very affordable apartments for sale in all parts of Italy that aren't a complete redo from ground up... Move where you want, not where there are a few cheap houses. After seeing a bunch of these One Euro houses, that is my take away!
L’Italie est envahie par les anglais 🤢
SLAVA UKraini, stop the invension. Good thing u did not say "Italy is invaded by Putin or worst"
@@rightright6582 out subject question is not there…so 😬
@@graziellaventura8896 i would say more German
Not much of a future there, Thats why young people dont want to live and stay there.😅
Of course. In the old days it was a four hour donkey ride to the coast. But now driving 20 mins to be in an other town like Monte rossa del mare.m. And only 45 mins to a big city like Pisa BnB or Lucca. Italy always amazes me! Thanks for watching.
That's the whole point of the program though, to revive small rural towns. They don't want to make popular cities even more popular, lol.
That's it's 1 dollar cheap is the only attraction.
That's the whole point. What did you expect? A large move-in-ready mansion done to your exact specification right in the Rome city center on a quiet leafy street with no neighbors, people, noise f any kind, roads, cars, or crime that is somehow near shops and restaurants? lol
So why in the hell will you buy 100k house in a abandoned city
If you have 100k than you can buy a real house in a proper city down in South Italy or Spain as bonus the weather is astonishing
I just bought a place in Monterosso al mare, I’m coming to Italy to make it “ Airbnb” ready in few weeks! 👌🏻 do you have Instagram?? 😎👍🏻
Hey Davide!
I do but there isn't much on it yet. BradsWorld8 is my instagram.
I really like Monterosso al Mare. My very first video was in Pignone which is just up in the hills near there, not more than 20 mins away. They were doing 1 Euro houses but I think they stopped...
Good luck with the remodel and I know you will have it completely rented each season. Stay in Touch!
BRAD
Hey , are they giving any residance permit for digital nomad who come and buy house like this?
@@BradsWorld I cannot seem to buy a house online.. Do you know a website were the houses are displayed..