New owners will have to fulfill a number of conditions.
The Italian commune Castropignano near Naples will sell empty houses for 1 euro, CNN reports .
Buyers will have to renovate the house within three years from the date of purchase and pay a deposit of 2,000 euros in case they fail to fulfill their obligations, the mayor of the city Nicola Scapillati said. Potential owners will also have to provide the city authorities with a transformation plan and communicate how they intend to use the premises: live in it, set up a shop, workshop or restaurant.
Castropignano is located in a picturesque area around a medieval castle. Now its population is about a thousand people. About a hundred buildings are empty in the city - local residents die out or move to larger cities.
Selling houses for 1 euro in Italy began about a year ago. Most often, such an unusual way to protect cities and villages from extinction is resorted to in the south of the country, in particular in Sicily.
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