House for 1 euro

🏡 Own house in Italy or in France worth 1 euro is not a joke, but a completely real offer.

There are special programs in Europe, within which you can buy houses for ❗1️⃣ euro - in return for its reconstruction.
Most of these homes are sold in the deplorable state, and the villages themselves themselves.

 💰 Real estate for sale, belongs to individuals who abandoned it, for the reason that the state of the house is unsafe or dilapidated, as well as due to not pay taxes and fees.
Real estate is transferred to the gift of the municipality, which in public sells it at a symbolic price - 1 euro.
If you are interested in real estate abroad 🌎, you can try to happiness and take part in such a program.

What will be required of you in case of approval:

 ✅ Provide a house repair project for 365 days from the date of purchase
 ✅ Start repair work within 2 months after receiving all permits
 ✅ Repair the house for 3 years
 ✅ Procilize the purchase and sale in the notary
 ✅ Conclusion with the municipality, a contract of guarantee in the amount of 5,000 euros for a period of three years, as confirmation of all purchasing agreements.  If all obligations are completed - the amount after 3 years, you return

But there are nuances:
 👉 In addition to the costs of the notary services, a lawyer, the translator will have to do a residence permit and pay the tax fee.
 👉 Separate item - Repair.  Sometimes the house is easier to demolish than to restore.
 👉 Repair and reconstruction - far from the same thing.  If the object is valuable, then you may limit the choice of companies that have the right to restoration.
 👉 If the house does not represent cultural value, may prohibit repair yourself, but will oblige to hire workers from among local residents.

How much still have to pay ❓

 💰 Reconstruction of the house - the total area of ​​80 sq.m.  - It will cost an average of 62500 euros: the notary -3000 euro, the architectural bureau that will assess the condition of the house and will conduct an examination of -1500 euros, the reconstruction itself is 56,000 euros.

And what do you think: this program is just a competent marketing stroke or a long-term investment project ❓