NNN – No New News? – 5/20/20 – They bought a $1 house in Italy, then Covid-19 struck
Silvia Marchetti, CNN • Updated 20th May 2020
1/13Mussomeli, Sicily: This hilltop town on the island of Sicily is one of many locations in Italy offering bargain price homes to lure new residents and reverse declining population trends.Maurizio Di Maria, Comune Mussomeli(CNN) — When Italian towns began offering houses for sale for little more than $1, they inspired legions of dreamers to take a gamble on moving to a remote corner of Italy.Although spending a few thousand dollars extra on renovating the property was usually part of the deal, it was sweetened by the prospect of a new life in an idyllic spot in a beautiful country.And then the coronavirus struck, plunging the world into crisis, with Italy among the worst affected countries.So what happens when you’re quarantined in a crumbling home in a remote village where you barely speak the language and can’t get home to your loved ones? Does life quickly become a nightmare?Perhaps surprisingly given the hardships that followed, the answer seems to be no.Related contentWe bought a $1 house in Italy. Here’s what happened nextCNN spoke to a few people who bought some of the Italian homes being offered cheaply by towns wanting to reverse declining population trends.We found them feeling upbeat and eager to complete their property remodeling and make their Italian dream come true.Despite the unexpected turn of events, it seems being stuck in Italy hasn’t been such a negative experience after all.And the virus crisis has made them appreciate even more the beauty of Italy’s rural villages — so much so that some are looking to invest in more cheap properties.
Mussomeli is located on a hilltop in Sicily.Salvatore Catalano, Comune MussolemiMiami-based artist Alvaro Solorzano is currently stuck in Mussomeli, a picturesque town in the southern island of Sicily where last year he purchased two cheap properties — one of them costing just one euro, or a little over a dollar.In March he arrived with his wife, son and son’s girlfriend to start renovating the houses. The other three headed back to Miami and Solorzano was due to follow them a couple of weeks later, but then his flight was canceled.