Buying A 1 Euro House In Italy 2024 Price. To summarize, these properties generally have a price tag of just 1 euro—or bidding will begin at 1 euro—although certain conditions, such as property renovation and other obligations, apply. Buyers must put down a security deposit (bond) and.

The renovation of an abandoned and/or ruined house may vary depending on the original state. Having a second home in italy means paying taxes, so selling these unused houses off cheaply can be more lucrative than keeping them.