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How to buy a €1 house: from visas to costs, everything you need to know

A buyer's guide to Italy's €1 homes
What is the €1 home scheme?
Why are the homes so cheap?
Where can I find €1 homes for sale?
Eligibility criteria
Legal conditions
Visa requirements
Residency options
What to check before you buy
How much does it cost to renovate a €1 home?
Renovation timescale
Renovation challenges
Additional costs to consider
Financial assistance
Can I sell a €1 house after renovating it?
€1 homes in Cammarata, Sicily
€1 homes in Penne, Abruzzo
€1 homes in Mussomeli, Sicily
Meet a woman who renovated one of Italy's €1 homes
Tackling a dilapidated shell
A dramatic transformation
A life-changing experience
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Shutterstock AI/Shutterstock

A buyer's guide to Italy's €1 homes

With property prices reaching record highs in some parts of the world, the opportunity to buy a home for just €1 ($1.14/£0.85) may seem too good to be true. But a handful of Italy's historic towns and villages have been offering exactly that over the past few years. Of course, these real estate steals come with a few strings attached.

Click or scroll on to find out everything you need to know about buying a €1 house, from hidden costs to visas and legal requirements...

*All prices and conversion rates correct at time of publishing

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Shona Jackson

16 June 2025

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