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Idyllic Sicilian village has been 'revitalised' after selling off £1 houses to wealthy foreigners, mayor reveals - as it puts a third batch of ultra cheap properties up for sale
An idyllic Sicilian village has been 'revitalised' after selling off houses for £1, the mayor has revealed.
The depopulated village Sambuca di Sicilia has seen a huge surge in demand for its properties since the first two auctions in 2019 and 2021.
'Foreigners are flocking to buy our homes, it's been a hit so far,' Giuseppe Cacioppo, the village's newly-elected mayor, told CNN.
'The two batches of houses, owned by the town hall, revitalized the private real estate sector. People rushing to grab one at auction but didn't make the final cut bought a cheap house instead. So far, 250 homes have been sold.'
The third batch of the ultra cheap homes - comprised of 12 properties - is about to go up for sale with a starting price of £2.50.
'The two batches of houses, owned by the town hall, revitalized the private real estate sector. People rushing to grab one at auction but didn't make the final cut bought a cheap house instead. So far, 250 homes have been sold.'
The third batch of the ultra cheap homes - comprised of 12 properties - is about to go up for sale with a starting price of £2.50.
The first batch went up for just £1 and the second for nearly £2 and attracted buyers from all over the world.
What happened to the Idyllic Sicilian village where homes sold for £1
The depopulated village Sambuca di Sicilia has seen huge surge in demand for its properties since the first two auctions in 2019 and 2021.
what was the catch??? no black folks 
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