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Why Americans Fleeing Trump Are Eyeing $1 Homes in Italian Villages
An Italian village, Ollolai, located on the island of Sardinia, has become well-known for offering abandoned homes for as little as $1 (€1).
This initiative aims to combat depopulation by attracting new residents to revitalize the community.
However, these homes often require significant renovations, with estimated costs of about $25,000, and buyers are required to complete these refurbishments within three years.
Ollolai is a picturesque location with a rich cultural history, boasting traditions like handcrafted cheese and artisanal goods.
The program has received international interest, including from Americans, as it offers an opportunity for those seeking a quieter life or a fresh start abroad.
The project is part of a broader effort in Italy to rejuvenate rural areas at risk of becoming ghost towns.