🏚️ What’s the €1 Home Scheme All About?

Several towns across Italy—mostly in rural or declining areas—have launched €1 home schemes to combat depopulation and revitalize local economies. These houses are typically old, abandoned properties that require extensive renovation.

The €1 price tag is symbolic. What you’re really signing up for is a commitment to restore the property, often within a fixed timeline (e.g., 1–3 years).

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🔧 The Catch: What You’re Really Paying For

Here’s what most articles don’t tell you:

  • Renovation Costs: Restoring a centuries-old building can cost anywhere from €30,000 to €100,000+, depending on the condition and your vision.
  • Legal and Permit Fees: Be prepared for bureaucracy, especially if you’re unfamiliar with Italian property laws.
  • Deposit & Guarantees: Some towns require a guarantee deposit of €2,000–€5,000, refundable upon completion of renovations.
  • You Can’t Flip It: Many schemes prohibit resale for several years to avoid speculation.

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🧭 So… Is It Worth It?

It can be, if:

✅ You’re looking for a lifestyle project, not just a cheap property
✅ You have the time, budget, and patience for renovations
✅ You dream of living in a quiet, historic village off the beaten path

But if your goal is turnkey convenience, short-term rental income, or city living—there are better ways to invest in Italy.

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🏡 The Alternatives: Smart Property Investment in Italy

If you love the idea of owning a home in Italy—but want something more realistic and manageable—consider:

  • Buying renovated homes in small towns (still affordable, no renovation headache)
  • Investing in properties in up-and-coming regions like Piedmont, Le Marche, or Puglia
  • Residency-linked investments through Italy’s Investor Visa Program

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Final Thoughts

Yes, the €1 home is real—but it’s not for everyone.
Italy offers a range of property opportunities that can match your lifestyle and financial goals.

At Move To Dolce Vita, we help you navigate the Italian property market—from due diligence to tax planning—so you can move smart, not just inspired.

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Want to explore real options beyond the headlines?

Let’s talk about what’s possible. Drop us a message today

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