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The dubious nature of these "1€" south european homes were already covered in many articles. Most of them come with a lot of strings attached (like how much tim
by poisonborz 5y ago
The dubious nature of these "1€" south european homes were already covered in many articles. Most of them come with a lot of strings attached (like how much time you have to spend there, and you can't rent it), huge renovation cost in an area where craftsmen are largely unavailable or untrusting of foreigners, complexities with authorities due to the historical status of buildings, desolate areas without shopping opportunities... and the list goes on.
Instead of sprinkling fairy magic, these articles should at least hint at these.
- jamisteven 5y agoexactly, looked into this heavily years ago and this is spot on. These towns will basically never turn into anything worth investing energy into and most have absent local governments.
- canadianfella 5y ago>In an attempt to lure newcomers, Santa Fiora in Tuscany and Rieti in Lazio will pay up to 50% of the rent of anyone who decides to move and telecommute on a long-term basis. Not spot on at all.
- curmudgeon22 5y agoThis seems a bit different from the feel of it. The towns are subsidizing short term stays of 2-6 months. You are renting from someone else, so you're not really making a significant investment.
- coldtea 5y ago>(like how much time you have to spend there, and you can't rent it) These sound as very reasonable strings for what you get in exchange and given the motivation behind the exchange (which isn't merely to benefit the taker).
- megamix 5y agoso much negativity. It's not just sprinkling in the article
- thefz 5y ago> and you can't rent it That is already covered in any standard rent agreement in Europe. If you are the tenant you can't sub-rent it, it makes no sense. > huge renovation cost in an area where craftsmen are largely unavailable or untrusting of foreigners Unless you have direct first hand experience this is just speculation. > desolate areas without shopping opportunities Check on a map where these towns are and see for yourself.
- 38932ur98u 5y agoDid you read the article? This is something entirely different than the whole one euro house hype.