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Ted Purdom, from San Anselmo, California, graduated in 2011 with a bachelor’s degree in English and enrolled in an overseas language program, aiming to learn Spanish. He ended up in Mallorca, the capital of the Balearic islands off the east coast of Spain, for the nine-month program. A friend told him about another program that placed American “language coaches” in Spain, called “Auxiliares de Conversación,” (conversation assistants), run by the Spanish Ministry of Education. So that November he opened The Bridge English Academy in Manacor, converting a former wine store into classrooms to give English language courses to locals. Then there’s the fact that the islanders’ first language isn’t Spanish, but Mallorquin, a dialect of Catalan.
Persons: he’d, Ted Purdom, , Purdom, , , – Lluïsa, Apollonia, Neme Jimenez, iStock, ” Purdom, Llombards, Dennis Fischer Organizations: CNN, University of Oregon, Spanish Ministry of Education, Mallorca, English Academy, San Francisco Bay Area Locations: California, Mallorca, San Anselmo , California, Balearic, Spain, Spanish, Oviedo, Asturias, Mallorca’s, Palma, Manacor, American, kickstarting, San Francisco Bay, Francisco, Bay
For those who want to move but need to work the options are extremely limited – working visas to Italy are like gold dust. “We wanted a fresh start, a place where we could enjoy more pleasure in life and quality time,” says Walker. Abandoning the American dreamBowers and Walker wanted to make a change before they got older. Back to the countryTopped by the Orsini castle, Soriano nel Cimino is in the Tuscia area of Italy, north of Rome. The couple have also started a new business, organizing itineraries for visitors craving to discover bucolic Italy.
Persons: we’ll, Stanley Tucci, Vita, Zeneba Bowers, Matt Walker, Soriano nel Cimino, Bowers, , , Walker, , Orsini, Davide Seddio, it’s Organizations: CNN, intel, Nashville Symphony, Getty Locations: Italy, Tennessee, Rome, Ireland, mull, Italian, Detroit, Tuscia, Viterbo, Walker, Nashville
Christina Sobolev, pictured, and her husband Pete bought and renovated a home in Santa Domenica Talao, Italy back in 2009. Chris Sobolev“A little over 15 years ago, Pete and I made the decision to purchase a property in Italy,” Christina Sobolev tells CNN. They then moved to Santa Domenica Talao, a village they’d first visited in 2009, and spent three to four years renovating the two-bedroom home. “Santa Domenica was initially a town with many abandoned houses falling into disrepair. “Once we had Santa Domenica Talao up and rolling, real estate agents in the area contacted us and wanted to work with us.
Persons: Christina, Pete Sobolev, who’ve, Pete, they're, Sobolev, Christina Sobolev, , Santa Domenica, , Chris Sobolev, they’ve, Domenica, Casa, They’ve, , what’s Organizations: CNN, Vita, Super, European Union Locations: San Jose , California, Santa Domenica, Scalea, Calabria, Italian, Italy, California, Santa, , Puglia, Tuscany, Latvian, Latvia, Aieta
Lineage priced 57 million shares at $78 apiece on Wednesday, near the top of its initial $70 to $82 target range. "We started with one warehouse and we've done 116 acquisitions to turn Lineage into what it is today," co-founder and co-executive chairman Adam Forste said on CNBC's "Squawk Box" Thursday morning before shares started trading. In the last year alone, Lineage has acquired Grupo Fuentes, Burris Logistics, Kennedy Transportation and Harnes. Lineage has amassed over 480 facilities, totaling roughly 2.9 billion cubic feet of capacity across countries in North America, Europe, and the Asia-Pacific region. These locations create a global network of cold-storage facilities, reducing supply chain food waste and its environmental impact.
Persons: Adam Forste, Burris, we've, Forste, Kevin Marchetti, Morgan Stanley, Goldman Sachs, Morgan, Wells Fargo Organizations: CNBC Disruptor, Viking Holdings, Nasdaq, Grupo Fuentes, Burris Logistics, Kennedy Transportation, Bank of America, Lineage's Locations: North America, Europe, Asia, Pacific
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLineage co-founders on IPO debut: We're here to be the world's food infrastructureAdam Forste and Kevin Marchetti, Lineage co-founders and co-executive chairmen, join 'Squawk Box' to discuss the company's IPO debut, the company's cold storage warehouses, and more. Lineage is a four-time CNBC Disruptor 50 company and is the 94th CNBC Disruptor 50 company to make its public debut in the 12 year history of the list.
Persons: Adam Forste, Kevin Marchetti Organizations: CNBC Disruptor
“Life expectancy in Italy is 82.7 years, while in the US it’s 79,” he says. For Thomas, life in Latronico fits in with his artistic philosophy. Slower pace of lifeThomas was influenced by the region’s healthier, slower-paced lifestyle and hopes that living here will increase his life expectancy. Thomas hopes to transform the second “move-in-ready” home into a multi-purpose arts complex, with accommodations for visiting international youth and adult artists. “In Latronico, I can do both.”While he says he loves Latronico, Thomas has discovered that life in a remote rural village in southern Italy isn’t always as idyllic as it seems.
Persons: Bingwa Thomas, Thomas, , ” Thomas, , Vincenzo Castellano, don’t, Vincenzo Castellano Latronico’s, Latronico’s, he’s, he’d, Thomas ’, , Latronico, Italy isn’t Organizations: CNN, World Health Organization, CNN Travel, , Locations: Italy, Kansas City, Latronico, Italy’s, Basilicata, United States, Los Angeles, Africa, America, Europe, Ireland, Amsterdam, Kreuzberg, Varrazzo, Cameroon, Senegal
Previous successSicilian town Sambuca di Sicilia will be putting a batch of abandoned homes up for sale. Sambuca made global headlines back in 2019 when CNN announced that it was putting 16 dwellings up for sale for one euro. Revival hopesA selection of homes in the depopulated towns are going under the hammer for a symbolic 3 euros. Comune SambucaSambuca’s authorities took possession of the town’s abandoned houses after an earthquake struck the surrounding Belice Valley in 1969. Interested applicants can find photos and descriptions of the available homes, along with application forms, on the town hall’s official website.
Persons: Sicily’s, Simone Padovani, , Giuseppe Cacioppo, it’s, Cacioppo, Sambuca, Sambuca’s, Comune Sambuca Keen, who’ve, they’ve Organizations: CNN, “ Foreigners, Comune Locations: Sicilia, Italy, Rome, Belice, Sicily,
The couple has set up a flourishing business buying properties, restyling and reselling them, ready-to-occupy, helping foreign buyers every step of the way. They hunt for old houses in historical villages in need of a makeover, which once renovated make the perfect summer getaway. The BEFORE picture: The couple find old houses in need of a makeover. The old properties the pair handles are located in small towns where centuries-old traditions survive. I really like old houses and the idea of giving them a second chance: especially when they are abandoned buildings rich with history.
Persons: you’ve, That’s, Bruno Mongiardo, Ginevra dell’Orso, ” Dell’Orso, Dell’Orso, , , , they’re, Mongiardo, ” Mongiardo, dello Organizations: CNN, Graecia, Bruno Mongiardo Southern, Locals, Foreigners Locations: Italy’s, Calabria, characterful, Isca, Italy’s Calabria, Venice, Milan, Badolato, Calabrian, Sostene, Santa
“I had been to various countries in the European Union on several occasions but never Italy, though it was on my list. Millet says that he began planning to travel to Italy to buy a house back in 2019, but was thwarted by Covid-19. “The prices of the houses were super-attractive, especially coming from the Los Angeles area, and the Latronico properties were for the most part in good shape. “At the end of the day, I bought my place and began thinking about renovations and the future,” he adds. Sunset cocktailsThe house Millet bought has only one bedroom but came with two large basements.
Persons: you’re Paul Millet, you’ve, Millet, , , Covid, he’d, Paul Millet, he'll, Vincenzo Castellano, Latronico, ” Millet, Vincenzo Castellano Millet, Latronico’s peacefulness, “ It’s, I’ve, “ Franca, he’s, “ That’s, Latronico’s, Castellano Organizations: CNN, European Union, Locations: Italy, Italy’s Basilicata, Los Angeles, Basilicata, Ireland, Latronico, LA, Maui
CNN —Ditching the US and relocating close to the French Pyrenees wasn’t part of Taylor Barnes’ life plan. ‘Visually inspiring’US artist Taylor Barnes, from Los Angeles, relocated to the medieval village of Saissac close to the French Pyrenees in 2021. Taylor Barnes“I considered, among many things, where I would like to live out the last quarter of my life,” Barnes tells CNN. Cozy hideawayIn 2019, Barnes bought an abandoned crawfish restaurant and converted it into a residency for artists. Since moving to Saissac, Barnes says she has happily embraced a slower-paced lifestyle.
Persons: Taylor Barnes, Barnes, Taylor Barnes “, ” Barnes, , , she’d, Cozy hideaway, Dennis Miranda Zamorano, Sonya, Berger Blanc, apéros, She’s, it’s, Carte, Barnes isn’t Organizations: CNN, Berger Blanc Suisse, Barnes Locations: Los Angeles, Saissac, Aude, France, Montagne, French, California, Spain, Saissac ., England, Ireland, Netherlands, America
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
CNN —Buyers from all over the world are snapping up charming old houses in isolated villages in Italy. Chicago-based saxophonist Joshua Shapiro, 48, embarked on the quest for la dolce vita as the first step toward a change of life. Many empty homes featured on the local website where owners meet buyers are sold or rented with furniture, but what eventually ends up being left inside is usually negotiated between parties. Courtesy Joshua ShapiroThere was also a bizarre encounter when he first went to take a peek inside the house he had just bought. Accompanied by Castellano, the deputy mayor, Shapiro says he was surprised to find it had tenants inside – a group of elderly nuns.
Persons: we’ll, Stanley Tucci, Joshua Shapiro, , ” Shapiro, , Shapiro, MC Newman Shapiro, Latronico, he’d, , – it’s, Vincenzo Castellano, – Shapiro, Castellano, Latronico’s Organizations: CNN, intel Locations: Italy, . Chicago, United States, Latronico, Basilicata, Europe, Florence, Rome, Bari, , American, Chicago
Naples, Italy CNN —A three-year project to build a children’s playground and recreation area south of the Italian city of Naples has unearthed the ruins of a 2000-year-old clifftop beach house. Experts believe it could have once been the opulent residence of Pliny the Elder, the legendary author, naturalist, and commander of the Roman navy fleet stationed there. Courtesy Comune Di BacoliAs well as acting as a lookout point, Pliny’s beach villa would have also likely been used for leisure. On the beach neighboring the newly-discovered villa walls, a large brick ruin had been dubbed the “talking wall” by local residents as, in their view, it proved the one-time existence of a large residence. “The ruins of the Roman villa will be cleaned and cordoned-off with wooden fences,” said Bacoli’s mayor Josi Gerardo Della Ragione.
Persons: Italy CNN —, Pliny the Elder, Bacoli, Simona Formola, , , Formola, tufa, Josi Gerardo Della Ragione Organizations: Italy CNN, Roman, CNN, Locations: Naples, Italy, Italian, Ischia, Procida, Bacoli, Misenum, Roman, Vesuvius
Of all the cities Coe had toured and lived in during his career, including Hong Kong, Singapore, Seattle and Chicago, he picked laid-back Barcelona, Spain. Matthew Coe bought an apartment in Barcelona in 2021. Jordi FolchRhythm of life in SpainHe has quickly picked up the daily rhythm and easy-going habits of Spain. Yet the pros of living in Spain by far outnumber the cons, Coe says. In Spain, he’s eligible for national health care, having contributed through Social Security payments and having lived in Spain for more than 5 years.
Persons: Spain isn’t, you’ve, Matthew Coe, Coe, ” Coe, Jordi Folch “, ” Coe “, Matthew Coe Coe, , Matthew Coe Barcelona, Jordi Folch, , it’s, He’s Organizations: CNN, Spanish Consulate, Social Locations: Spain, Wenatchee , Washington, Hong Kong, Europe, Singapore, Seattle, Chicago, Barcelona, Turkey, Italy, Greece, Spanish, Valencia, Madrid, Catalunya, United States, Pacific Northwest, overtourism
Featuring multiple suites, all filled with artistic masterpieces, Rome’s 17th-century Palazzo Vilòn is sheer luxury. And now, Palazzo Vilòn can be all yours for 25,000 euros ($26,665) per night if you opt for the “buy-out” offer. Palazzo Vilòn offers a rare chance to travel back to a time when noble families ruled the Eternal City. Today, Palazzo Vilòn is believed to be Italy’s most expensive historical retreat. Despite all the grandeur, Florio stresses that Palazzo Vilòn is not a museum brought back to life.
Persons: CNN — It’s, Vilon, Sala di, Mattia Aquila, Borghese, Vilòn, it’s, , , Palazzo Vilòn, Samuele Florio, Florio, ‘ It’s, Italy won’t, , It’s Organizations: CNN, Michelin, Mirrors Locations: You’re, Campo Marzio, Europe, Rome, Italy, Vilòn, Italian
CNN —The pandemic’s enforced period of no travel led an American couple to rethink their life and retire to sunny southern Italy. “We decided to sell our home, our car and all superfluous possessions and make Italy our retirement home for good. The couple looked at different southern Italian regions offering a 7% flat tax for new immigrant retirees, before picking Puglia. The unexpected rising temperatures in southern Italy are too much even for Louisiana natives. “There is a great amount of work that goes into the legal preparations in Italy if you want to actually live there,” says Glenda Tuminello.
Persons: we’ll, Stanley Tucci, Seventysomethings Glenda, Randy Tuminello, Covid, ” Glenda Tuminello, , , , Glenda Tuminello Randy Tuminello, it’s, Glenda Tuminello, they’ve, Michal Ludwiczak, they’re Organizations: CNN, intel, CNN Travel, , Louisiana Locations: American, Italy, Spokane , Washington, Polignano, Puglia, Adriatic, Cefalù, Louisiana, Italian, Mare
Attilio Avellino – one of his nine children, and born on Ponza – joined his father in the Big Apple in 1946. But now, after decades in the US, their descendants are back on the island – living inside their old casa grotta (cave home), which they’ve renovated to a modern standard. Homes sculpted from the rockBrigida Avellino and Loredana Romano have swapped the US for their ancestral 'cave home' on Ponza. Loredana RomanoBrigida Avellino, 70 – Attilio’s daughter – lives with her daughter Loredana Romano, 44, in one of Ponza’s most beautiful cave homes. Ponza, on the other hand, is a small island which makes Romano feel safer.
Persons: we’ll, Stanley Tucci, CNN —, they’ve, Luigi Avellino, Ponza, Attilio Avellino –, Ponza –, Loredana Romano, Loredana Romano Brigida, , ” Romano, Attilio Avellino, Loredana Romano Avellino, I’ve, , Avellino, , Romano, Silverio, Loredana, she’s, She’s, wasn’t, Romano –, Brigida Avellino, there’s, we’re Organizations: CNN, intel, Big Apple, Avellino, Loredana Romano Brigida Avellino, CNN Travel, Ponza, Apple, Alamy Locations: Rome, Ponza, Naples, New York, Loredana, Avellino, York City, Le Forna, Florida, Ponza’s, Italian
Cost of living impactChris and Jennifer Tidroski purchased a €26,000 home in a building in the village of Latronico, Italy after becoming frustrated with life in the US. The couple say that the cost of living in the US has become too high, especially when it comes to healthcare. Chris explains that the political polarization in the US has been a contributing factor in their decision to relocate to Italy. Although the costs were slightly more than they estimated, the Tidroskis say they couldn’t have afforded a similar house in the US. While his mother was Italian, Chris’ father was Polish-Lithuanian.
Persons: they’ve, Chris, Jennifer Tidroski, who’ve, Chris Tidroski, , Lidia, ” Chris Tidroski, , Vincenzo Castellano, Mariangela Tortorella, expats, Jennifer, Chris Tidroski “, She’ll, They’ve, Chris Tidroski He’s, Castellano, Chris ’, he’d, don’t Organizations: CNN Locations: America, Italy, Prescott , Arizona, Latronico, Southern Italian, Basilicata, States, , Arizona, Italian, Polish
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
The Old City of Jerusalem and its walls were inscribed on the UNESCO World Heritage List in 1981, but UNESCO doesn't list it under Israel or Palestine. Whereas other sites are listed by country, UNESCO lists the site separately, under "Jerusalem (Site proposed by Jordan)." Source: Screenshot from UNESCOIsrael, which joined UNESCO in 1949, has nine sites named to the list, including Masada, the Old City of Acre and the "White City" of Tel Aviv. A backdrop of political alliancesUNESCO's decision to add Tell es-Sultan/Jericho to its World Heritage Site has angered Israeli officials, with Israel's foreign ministry releasing a statement Sunday calling it a "cynical" ploy by the Palestinians to politicize UNESCO. Kyiv's Saint Sophia Cathedral is now on UNESCO's List of World Heritage in Danger.
Persons: Archivio J, Lange, De Agostini, Mounir, Jordan, Masada, Anastas, Saint Sophia Cathedral, Kyiv's, Kyiv's Saint Sophia, Pollex Organizations: UNESCO, Getty, Bank, Saudi Press Agency, The, City of, UNESCO Israel, politicize UNESCO, Saudi, U.S, Biden, United, UNESCO —, World, Saint Locations: Jericho, Palestine, Old City, Jerusalem, City, City of Jerusalem, Israel, Acre, Tel Aviv, Kingdom of Saudi Arabia, Saudi Arabia, Mecca, Medina, Saudi, United States, Ukraine, Lavra, Kyiv, Pechersk, Lviv, Kyiv's Saint
Simply input a prompt and watch the travel recommendations pour in. Intrepid Travel, a small group travel agency, accepted CNBC Travel's request to find out. Intrepid Travel, on the other hand, provided options that came with either a pool or a gym, or both. Conversely, I felt that Intrepid Travel suggested places that were more niche and representative of Melbourne's unique culture. Both Intrepid Travel and ChatGPT came back with reasonable options around the city.
Persons: Bard, Microsoft Bing, ChatGPT, Lane, It's, Gertrude, Société, Rippon Lea, Chin Chin Organizations: Microsoft, Intrepid, CNBC, Melbourne, Intrepid Travel, — Queen, — Queen Victoria Market, National Gallery of Victoria, Reds, Getty, Gardens, Queen, Queen Victoria Market, Melbourne Museum, Eau De Locations: Melbourne, Australia, Swanston, Paris, Barcelona, — Queen Victoria, Melbourne's Fitzroy, Queen Victoria, Eau
NYC hotel rates to go upNew York City has more than enough hotels to meet traveler demand, Davis said, citing an unprecedented supply of new hotel rooms in the city. "Since 2020, 10,000 new hotel rooms have been delivered, and over the next couple of years, another 10,000 new hotel rooms will be delivered to the city," he said. "So there's absolutely more than enough supply of hotel rooms to accommodate all the tourists that want to come to New York City." Knock-on effectFrom London to Paris and Dubai, cities across the world have regulated short-term rental markets. "It's certainly possible that they could follow the lead of New York City," Davis said.
Persons: we've, Kevin Davis, Davis, CNBC's Mandy Drury Organizations: Associated Press, New York City, JLL, Hospitality's, Google, New, & ' Locations: New York City, New York, Hospitality's Americas, airfares, United States, U.S, airfare, London, Paris, Dubai
Last week, Partis landed in the Sardinian village of Ollolai in Italy for a free stay paid by the local municipality. She's the first digital nomad to arrive — and already she said it feels like a life-changer. Source: Veronica Matta"That was a major success — many foreigners bought and restyled dozens of forsaken dwellings," said Mayor Francesco Columbu told CNBC. "Now, after investing in high-speed internet, with this new project 'Work from Ollolai' we want to make our village a digital nomad hub." Source: Veronica Matta"I just had to give my landowner a symbolic one euro for the house rental," said Partis.
Persons: Clarese, Partis, Ollolai, Antonio Meloni, Francesco Columbu, Veronica Matta, Sa, Matta, Veronica Matta Partis, , that's Organizations: CNBC, Workers Locations: Los Angeles, Sardinian, Ollolai, Italy, Zanzibar, Sardinia, Singapore, Sardinia —, Partis
That’s because workers at the site on the outskirts of town in December 2022 unearthed the ruins of an ancient Roman temple — or ‘capitolium’ — dating back to the first century BC. The excavation site in Sarsini has yielded ruins on top of ruins, literally. MiBac“We have unearthed three separate rooms, likely dedicated to the triad of gods Jupiter, Juno and Minerva,” lead archaeologist at the excavation site Romina Pirraglia told CNN. The discovery of the temple has pushed local authorities to revise their building plans. “The temple is an incredible finding that sheds light on how ancient Roman towns rose and fell across time.”What makes the discovery exceptional is the temple’s unique state of preservation.
Persons: Plautus, Jupiter, Minerva, , Pirraglia, , Sarsina, Federica Gonzato, ” Gonzato, Gonzato, Romina, MiBac Gonzato Organizations: CNN Locations: Italy’s Emilia Romagna, Roman, Sarsini, Savio, Ravenna, Rimini, Forlì, Cesena, Sarsina, Italy
Since leaving their jobs last year, the couple has sold their home and is now living in a comfy 45-foot RV as they tour the US. Before setting out on the road, the family trialed camper life for a full year in Phoenix to allow the children to finish elementary school. Coming home late from work every day, she says she was no longer able to spend quality time with her family. They are now spending much less than when they had a house, roughly $1,200 per month for gas, food and basic needs. We have no schedule, no agenda.”Last stop: Latronico, ItalyAfter their RV adventures come to an end, the family plans to head for the Italian village of Latronico, where they purchased an old house.
Persons: Wendy McGrath, – Brady, Ainsley –, Steve McGrath “, , Steve, “ Wendy, ” Wendy, they’ve, it’s, We’ve, Steve McGrath, Brady, Ainsley, Wendy, , ” Brady, Little Ainsley, McGrath, Shephard, Latronico, “ It’s Organizations: CNN Locations: Phoenix , Arizona, German, Phoenix, They’ve, Maine, American, Illinois, Italy, Latronico, Italian, Basilicata, Germany, iPhones
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