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Revitalization Efforts

All articles tagged with #revitalization efforts

"The Struggle to Sell Empty Homes for One Euro in an Italian Town"
real-estate1 year ago

"The Struggle to Sell Empty Homes for One Euro in an Italian Town"

While some Italian towns have successfully sold abandoned properties for one euro, the remote village of Patrica has struggled due to complications with absentee owners, family disputes, and the poor condition of the homes. The town's mayor has faced challenges in obtaining consent from multiple heirs and tracking down descendants who have migrated overseas. Despite these obstacles, the town has implemented tax breaks and incentives to revitalize the area, leading to the opening of new businesses and the renovation of some properties.