This time it's the village of Castropignano in the southern Molise region that offers to become the owner of an old building.
The sale of real estate at a symbolic price was joined by the Italian village of Castropignano, which is located just over 200 km South-East of Rome, in Molise. There are about 100 abandoned buildings here. But instead of selling them at the highest price at auction, the mayor Nicola Scapillati wants to find a home for interested parties that they really need, writes CNN.
"The scheme works somewhat differently here. I follow two parallel paths, addressing both potential buyers and old owners at the same time, step by step, so that demand matches supply. I don't want my town to be invaded by real estate panic or become a Mecca for speculation," says Nicola Scapillati.
"I invite everyone who would like to buy a house here to write me a letter directly (nicola. scapillati [AT] me.com) with a detailed plan of how they are going to change the style and what they would like to do with the property," adds the mayor of Castropignano.
Buyers must renovate the property within three years from the date of purchase and make an initial payment of €2,000, which will be refunded to them after completion of the work.
Castropignano's abandoned houses are located in the historic center, above the medieval castle. Another group of houses is located in the village of Roccaspromonte at the top of the cliff. According to Scapillati, most of the buildings for sale are in decent condition, although they have loose doors and peeling paint. He expects that the overhaul will cost €30-40K.
Nicola Scapillati, whose family emigrated from Castropignano to the wealthier North of Italy, decided to return to his native village as an adult to preserve its traditions and architecture. No more than 900 people live here today, compared to 2,500 in the 1930s. At the same time, 60% of the village's residents are over 70 years old. The mayor of Castropignano would like to restore the village to its former glory, when it was a thriving feudal center crowded with artisans, merchants and travelers.
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