Psst! Want Sicilian villas with a spectacular view of the Mediterranean? They're yours for just one euro - as long as you restore the homes, which were abandoned after an earthquake 40 years ago:
In the picturesque hilltop town of Salemi in western Sicily, the mayor is selling old stone villas in the historic town center for one euro (approximately $1.41) apiece. The catch? These villas were damaged in the 1968 earthquake, and have stood unoccupied and deteriorating for the past 40 years. Sound appealing? Once you buy the villa, you must restore it in two years in a way that respects its original character and in accordance with the architectural standards established by the town council; you must also hire local builders, architects, decorators, and plumbers to do the work, reports Times Online, "since the aim of the scheme is to help the local economy."
Previously on Neatorama: Foreclosed Home For Sale For Just $1