7 News ·australia ·3 hours ago

Italy's one-euro property scheme entices buyers amid hidden renovation costs

Italy's viral property scheme allows buyers to purchase abandoned homes for just one euro, but experts warn of hidden costs. Buyers must invest in renovations, often totaling tens of thousands of euros, and navigate strict regulations. With many homes located in remote villages, potential owners should thoroughly research before committing to these bargain deals.

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Published 13 Jul 2026, 02:24 UTC · Updated 13 Jul 2026, 02:30 UTC

Summary by OZbrief Editorial. Original report: 7 News. Editorial policy · Corrections