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☆ This American bought a $1 home in Italy and spent $35,000 renovating it: 'It's much easier to be happier here'
▼ + stars: | 2024-05-05 | by ( Jennifer Liu | In Jljenniferliu | ) www.cnbc.com time to read: +4 min

When Rubia Daniels heard a town in Italy was selling off abandoned homes for 1 euro each (or roughly $1.05), she had to take a look herself. Rubia Daniels is from Berkeley, Calif., and bought several 1-euro houses in Mussomeli, Sicily. "It's much easier to make friends in Sicily than it is to make friends back in California," Daniels says. "It's a much more stressful way of living," Daniels says. Rubia Daniels 1-euro homeowner in Mussomeli, Sicily

Persons: Rubia Daniels, Daniels, she's, Mickey Todiwala, Nathalie Milazzo, Katerina Montagnino, Montagnino, Leo Organizations: CNBC Locations: Italy, Berkeley, Calif, Mussomeli, Sicily, California, Europe, U.S, Bay

☆ An Italian town wants to sell its abandoned homes for $1 but the owners won't let it
▼ + stars: | 2024-03-25 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

However, Patrica's mayor said people in the town aren't prepared to sell their abandoned homes. AdvertisementThe mayor of a quaint medieval Italian town wants to replicate the one-euro home initiative, inspired by the success stories of places like Mussomeli in Sicily. But according to CNN Travel, homeowners in Patrica, a town of about 3,000 people in central Italy, aren't prepared to sell their abandoned properties. The news outlet said that Lucio Fiordaliso, the mayor of Patrica, has struggled to transform the town using the offer of $1 homes, which Business Insider has covered extensively. This story is available exclusively to Business Insider subscribers.

Persons: CNN he's, Mussomeli, Patrica's, aren't, —, Lucio Fiordaliso Organizations: CNN, Service, CNN Travel, Business Locations: Patrica, Italy, Mussomeli, Sicily

☆ This Italian town is struggling to sell off its empty homes for one euro. Here’s why
▼ + stars: | 2024-03-24 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +9 min

Abandoned homesItalian village Patrica, located south of Rome, is struggling to offload its abandoned homes. Public callMany of the town's local families left in search of a brighter future elsewhere, leaving their homes empty for decades. Some of the houses are simply too neglected to sell, even if the owners were willing to agree to it. But the town’s ready-to-occupy homes, with two-bedroom properties starting at 20,000 euros ($21,832,) proved to be more appealing. “There is interest, but then when many (foreigners) actually see the bad shape of the old homes they’d prefer to opt for turn-key apartments that are already restyled or in need of just minor fixes,” says Grossi.

Persons: CNN —, Lucio Fiordaliso, who’ve, “, Fiordaliso, ”, Patrica Fiordaliso, it’s, Patrica, Gianni Valleco, ’, Valleco, Alessandra Pagliarosi, Patricia, Pagliarosi, Ilario Grossi, Fiordaliso hasn’t Organizations: CNN, ”, Local Locations: Mussomeli, Sicily, Zungoli, Campania, Rome, Italy, Patrica, Canada, Argentina, Europe, Ceccano

☆ An Italian town that offered $1 homes was transformed by an influx of remote workers and tourism
▼ + stars: | 2024-03-06 | by ( Joshua Zitser | ) www.businessinsider.com time to read: +1 min

The sales led to an influx of tourists, remote workers, and investment, Toti Nigrelli added. AdvertisementIt all began with an enticing offer: homes in a picturesque Sicilian town for just one euro, barely more than a dollar. According to Mussomeli's deputy mayor, who helped launch the initiative in 2017, it sparked a total revitalization of the once-underpopulated town, attracting tourists, remote workers, and investment to the area. Toti Nigrelli told Business Insider in a documentary that before the program's implementation, Mussomeli faced major depopulation issues. This story is available exclusively to Business Insider subscribers.

Persons: Mussomeli, Toti Nigrelli, — Organizations: Service, Business Locations: Sicily, underpopulated

Mickey Todiwala | CNBC Make ItShe first learned about the program from her husband, who'd read about it online. Mickey Todiwala | CNBC Make ItRubia Daniels says her background in construction is helpful to envision what her final space will look like. On one recent visit to Mussomeli, Daniels brought along two fellow Californians, Alfredo Ramirez and his mother, Elena, to tour the houses. Meredith Tabbone 1-euro homeowner from ChicagoTabbone flew to see her new home for the first time in June 2019. Mussomeli, Sicily, has seen its population decline from roughly 16,000 in the 1950s to less than 10,000 today.

Persons: Rubia Daniels, Daniels, who've, Vittorio Sgarbi, Mickey Todiwala, Toti, who'd, didn't, she's, Alfredo Ramirez, Elena, Meredith Tabbone, Tabbone, Chicago Tabbone, I've, Danny McCubbin, who's, Jamie Oliver, McCubbin, Mussomeli, Prezioso, Natalie Milazzo, Milazzo, Nigrelli, Martina Giracello, Gianluca Militello, Giracello, It's, Meredith Tabbone Tabbone Organizations: CNBC, realtors, U.S Locations: Sicily, Berkeley, Calif, Italy, Salemi, Towns, Sicily's, Palermo, Belgian, Mussomeli, California, Petaluma , Calif, Sambuca, Sicilia, Chicago, United States, Australia, London, Mussomeli's, Milan, Cammarata, Caltanissetta, Europe, Africa, Airbnbs

☆ This scenic town in Croatia is selling houses for just 13 cents—but there’s a catch
▼ + stars: | 2024-01-22 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

A town in Croatia is offering 13 cent homes in an effort to attract more people. Legrad, a town in northern Croatia, has been trying to get more people to settle in the area by offering houses for pennies. Legrad, Croatia has a population of around 2,000 people. Mussomeli, a town in Sicily, went viral for selling off deteriorating homes for 1 euro. Mussomeli, Sicily, went viral for selling homes for 1 euro.

Persons: Goran Safarek, Ivan Sabolić, Legrad, Mickey Todiwala Organizations: Austro, Istock, Local, Reuters, Croatia isn't, CNBC Locations: Croatia, Hungary, Legrad, Local Croatian, Sicily, Mussomeli

☆ Travel news: Amsterdam will increase its tourist tax in 2024
▼ + stars: | 2023-10-14 | by ( Lilit Marcus | ) edition.cnn.com time to read: +6 min

CNN —This week in travel news: An ancient Italian site, a hefty European tourist tax and a bunch of bears in Alaska all got bigger. Norbert Eisele-Hein/imageBROKER/Shutterstock An Indian icon: The Hawa Mahal is part of the larger City Palace complex in the middle of Jaipur. According to Indian authorities in charge of the monument, roughly 1 million people visit Hawa Mahal each year. To experience its cooling effects firsthand, head inside Jaipur's City Palace -- it's located on the edge of the palace grounds. Vishal Bhatnagar/NurPhoto/Getty Images India's stunning Hawa Mahal Prev NextThe Hawa Mahal isn’t just one of India’s most beautiful buildings – it was also way ahead of its time in terms of sustainability.

Persons: It’s, Grazer, F, Jimenez, Alaska’s, Grazer “, She’ll, Jeffrey Pfefferle, Leon McNaught, Pfefferle, they’ve, “, ”, Norbert Eisele, Hein, imageBROKER, Hawa, Vishal Bhatnagar, Elena Odareeva, what's, Sanjay Sharma, Kavita Jain, Lola Fdez, Jain, Mickey Mousing, – Organizations: CNN, Amsterdam, Bear, &, Grazer, CNN Travel, UNESCO, Heritage, Adobe, KS, IKEA Locations: Alaska, overtourism Amsterdam, Europe, ”, Amsterdam, Italy, American, Sicilian, Mussomeli, Zhangzhou, Xiamen, Fuzhou, Fujian province, Indian, Jaipur, Jaipur's, Nogales, Kenya, Swedish

☆ They bought a one euro home in Italy. Then they bought another
▼ + stars: | 2023-09-21 | by ( Silvia Marchetti | ) edition.cnn.com time to read: +7 min

Sign up to CNN Travel’s Unlocking Italy newsletter for insider intel on Italy’s best loved destinations and lesser-known regions to plan your ultimate trip. In 2021, Jeffrey Pfefferle bought two abandoned houses in the Sicilian town of Mussomeli. Jeffrey PfefferleThe couple bought it fully furnished: antique furniture, glass chandeliers, plates and blankets were left behind by the former owners. Once it’s fully renovated, it will be liveable.”The couple was last in Mussomeli in February to check on the works. ‘I can’t believe there’s community’The pair bought a turnkey property, and then a one-euro home.

Persons: we’ll, Stanley Tucci, Jeffrey Pfefferle, Leon McNaught, ”, “, Sicily Mussomeli, expats, –, Pfefferle, it’s, “ We’ve, ‘, Sicily’s, Sicily, Stephan Knodler, Agenzia Immobiliare Organizations: CNN, intel, ”, Mussomeli, Palermo, “ Locations: Sicilian, Mussomeli, South California, Sicily, Campania, Zungoli, Rome, Southern California

☆ I bought a $62,200 house in Italy, where I'm planning to live most of the time. The home prices are so low, I bought a second house — and may buy more.
▼ + stars: | 2023-07-01 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

She bought another home with her brother to use as a rental and may buy another with her sister. I've gone to China, Amsterdam, Paris, and Germany, among other places, but Italy just felt like home. My primary house is in Mussomeli, and my brother and I bought a second house. Lorrah MintonAt the closing of my primary house, I paid a 10% deposit and the agency fee, which is generally 4% of the purchase price. Generally, the property taxes are between 300 and 600 euros annually, but because my house is ginormous, it's 946 euros.

Persons: Lorrah Minton, Minton, I've, it's, It's, I'm, they're Organizations: Service Locations: Italy, Sicily, Wall, Silicon, Mussomeli, American, China, Amsterdam, Paris, Germany, California

☆ I bought a $62,200 house in Italy that I'm planning to move into full-time. The home prices are so low I bought a second house — and may buy more.
▼ + stars: | 2023-07-01 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +6 min

She bought another home with her brother to use as a rental, and may buy another with her sister. I have my primary house in Mussomeli, and then together, my brother and I bought a second house. That's why we bought the second house, and my sister and I are looking at a third house right now. Lorrah MintonWhat needed to be paid at closing for my primary house was a 10% deposit and the agency fee, which is generally 4% of the purchase price. But if someone said you can get this 3,000-square-foot, six bedroom, two kitchen, beautiful house for 70,000 euros, I'd say, "Done."

Persons: Lorrah Minton, —, Minton, I've, it's, It's, there's, I'm, they're, someone's Organizations: Service Locations: Italy, Sicily, Mussomeli, American, China, Amsterdam, Paris, Germany, —, California

☆ A California-based woman bought 3 abandoned houses in a Sicilian village for $3.30, cashing in on Italy's desperation to repopulate its fast-emptying ghost towns
▼ + stars: | 2023-05-15 | by ( Amanda Goh | Cheryl Teh | ) www.businessinsider.com time to read: +4 min

Rubia Daniels flew to the town of Mussomeli in Sicily after hearing about its cheap homes. Many Italian towns have introduced similar schemes in an attempt to repopulate rural Italy. Rubia Daniels standing in front of one of her Mussomeli properties Rubia Daniels. Rubia Daniels. She currently splits her time between San Francisco and Mussomeli and spends at least a month in the Italian village each time.

☆ Adevărul din spatele caselor vândute cu 1 euro în Italia
▼ + stars: | 2021-06-05 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +4 min

Casele vândute cu un euro în satul Mussomeli din Sicilia și multe alte sate sau orășele uimitoare din Italia ar putea părea un vis împlinit. Și o casă cumpărată cu bani de cafea. Când am auzit de oferta caselor cu un euro, m-am gândit că este șansa mea să trăiesc în Italia. Bauer spune că a vrut și ea să cumpere o casă cu un euro, dar a renunțat. Așa că nu au reușit să vândă nici măcar o casă cu un euro.

Persons: Danny McCubbin, Mark Kopun, Nigrelli, Bauer, Valeria, Bauer . Organizations: BBC Locations: Mussomeli, Sicilia, Italia, străinătate, Italiei

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