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Abandoned Houses

All articles tagged with #abandoned houses

real-estate2 years ago•3 min saved

California woman purchases 3 Italian homes for $3.30.

Rubia Daniels, a San Francisco-based woman, bought three abandoned houses in Mussomeli, Sicily for just $3.30 in 2019 and is currently restoring them. Italy has been offering similar schemes to repopulate its rural areas, including paying millennials to move to fast-emptying towns and giving away homes for free. Daniels plans to turn one of her houses into an art gallery, use another as her own residence, and convert the third into a wellness center for the community. She believes restoration is an environmental concept that can help reduce the need for new construction.

via Business Insider|

#abandoned-houses #environmentalism #italy

real-estate2 years ago•11 min saved

"Score a Bargain: Buy an Abandoned Japanese House for $25,000"

With a shrinking population and over 10 million abandoned properties, Japan is struggling to match houses with buyers. An emerging segment of buyers is seeking out rural architecture in need of some love. The most recent government data reported about 8.5 million akiya across the country, but observers say there are many more today. Municipalities across Japan are compiling listings of vacant houses for sale or rent, known as “akiya banks.” Real estate companies have begun to snap up habitable antique houses and market them to non-Japanese luxury buyers.

via The New York Times|

#abandoned-houses #akiya #japan