Another Italian town is selling homes for €1

As property prices and scary interest rates continue to dominate conversations, Italy has come through once again with an unbeatable offer to get you on the property ladder. The town of Sant’Elia a Pianisi in the scenic region of Molise has put eight houses up for sale for just €1.

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It’s a pretty sweet deal for prospective homeowners – but there is a catch. The houses are serious fixer-uppers, and those who do snap up a property will be asked to put down a deposit of €5,000 (£4,403, $5,330) deposit ahead of the necessary renovation works taking place. They’ll have to pay all the usual fees involved in owning a home.

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