WHAT'S WRONG WITH 1 EURO HOUSES IN ITALY

Welcome to Dramatically Expatic! In this video, I've decided to talk about the famous houses for 1 euro in Italy. Just google "1 euro homes Italy" and you'll see lots of information about it, however, many people think they can actually buy a house spending only 1 euro... which is not exactly true. While I'm not trying to dissuade you from joining the project, I invite you to make some research - or watch this video till the end to find out more!

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ABOUT:

Hi! I’m Valeria, and I’m a Ukrainian expat and digital nomad, currently living in Italy. I first came here without speaking the language and being totally unprepared, but pretty sure this is gonna be an adventure of a lifetime! I love discovering Italian culture, Italian people and, of course, Italian food. I'm a full-time content creator, so when I'm not making travel videos, I'm taking photos, writing and creating artworks. Studying is another passion of mine, and currently I’m finishing my Masters degree at the University of Bologna. Here I post regular travel vlogs, tips on expat life, moving abroad, personal growth and self-esteem as a woman living abroad, so hop on and welcome on board!

If you enjoyed this video, please don't forget to like and subscribe for more! Also, let's get to know each other: tell me in the comments where in the world are you at the moment!

Thank you for being here and may you have a wonderful day!

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[aysh]

The video would be so much better without music, let us hear the sounds of nature around you and feel the true aesthetic of life in Italy. Just a suggestion 😘

[frankrodasky]

A bit of perspective; these comparable costs in other countries is much higher. The prices of buying these homes and renovating Them is frequently cheaper than rehabbing a kitchen in an American home. The point of these homes is to preserve historic homes and revitalize a town with a dwindling population.

[englishrose]

The average I’ve read several places that most people spend on a 1€ house (€20, 000 to €40, 000) is less than 1/10th the price of houses where I live, so for me, I’d buy it in a blink, even if it cost twice that.

[lucy]

I think this video was very informative and filled with a lot of great information that may help a lot of people. I think the delivery was excellent too, it was not negative in tone at all. It had information that is hard to find in other videos and I think that is helpful.

[elisabetaungureanu]

Very nice explained. None of the videos on YT tells us about the actual situation of the village or city... I would like to know if they have a doctor, pharmacy, grocery stores, hospital, police, schools etc.

[penielpeniel]

Tank you so much keep up your truthful and informative presentations

[armunro]

It sounds like the extra costs and fees are supporting the local Italian government and bureaucracy. But even so, as mentioned by others it is still cheap compared to other parts of the world. You need to try and live there for a while before diving in and buying a property; if you already know Italy and the area you are thinking of buying, then it is not an issue. Certainly its a good idea for people from colder climates looking for a warmer place to retire.

[vermillion]

It would be good for vacation house or the art studio for minimalist artists

[RockhoundBlack]

It would have been good to include some positives in the video too. There are plenty of people out there who are happy to cover the costs you mention and are able to proceed with the project right away.

[bharatmanikanojia]

Thankfully for given your knowledge 🎉🎉🎉

[EMD-xdqm]

Please provide the link for digital nomads being paid to reside in Italy. Thank you.

[nippermh]

So what is the cost of an average house in Italy then? In Australia the average price is 700k.

[babajaga]

Dear Valeria, what town are you in in this video?

[IsSheRG]

Are there any visa requirements if a foreigner decides to buy one of these 1euro homes and needs to deal with all of the legal work? Buying a home is never that simple 🤷🏻‍♀️

[claudecassar]

Why so negative about this scheme? €20, 000 to €40, 000 is the price of 1 car garage here is Malta... Let's be more honest and sincere about this video. The concept of buying these houses is a great opportunity for investment to help community and to keep local heritage. My friends, a Maltese couple took this scheme and they have a marvellous 2 bedroom home in the heart of Abruzzo, refurbished themselves with local Italian workers and they didn't exceed the prices you mentioned.

[ninelaivz]

My understanding is if you are thinking of Italy for the beaches then think again. The only beaches of note are in Puglia the rest are nothing to write home about. If beaches are your thing then go to Sardinia their beaches are spectacular otherwise Greece or Spain.
If you like cliff tops with sunset views then it's Amalfi and Liguria.

[l.g.]

What is the weather like in Italy does it snow over there because I don't like snow or very cold weather I live in United States in Texas and it get really hot out here you cannot live without AC cold air or you will die the heat is unbearable but I also don't like cold weather especially snow.

[inanna]

Many thanks for making such a truthful and informative content ❤
Could you make a video about the best way to buy a property in Italy? Would you talk to a real estate agent? How would you search for a professional one? Would you talk to a lawyer? How can you contact them? What to consider when planning and arranging such an investment?

Thank you in advance 🍀

[PS-dpyg]

Buying a house at 1 euro + 4-5k + 20-50k ~ 56k (on the higher end) is a bargain. In the US, I bought my house brand new for 299k, and it is now worth ~424k. Honesty, it is not worth that much. The way that these companies are building houses in the US for 3 months are not worth it. I rather buy a house in Italy for 1 euro + the other fees + renovation fees than buying a crapping home in the US. Can you imagine if I sell my house and then buy a house that was once worth 100k is now selling for 300k? My ex wife once had an apartment and bought it for 30k, which was great for a single college woman, and sold it for 50k. I told her to not sell it, and now she wishes she hasn't. That same apartment is now worth over 100k.

[enibullaj]

It is the municipality that is selling the houses and does the administrative part. And the 5000 Eur is only a deposit that you get back after the renovation that must be within 3 years. Otherwise, if you have exact info on these administrative costs, give details.