A medieval tower view looks over rural villages in the Italian countryside near San Marino in Italy. Photo: Tim Pile
Abandoned €1 homes for renovation in Italy are attracting the attention of Chinese, Hongkong investors
- Abandoned homes in need of a makeover are being sold for just €1 (US$1.10) under a scheme seeking to revitalise depopulated villages in rural areas of the country
- Many Chinese buyers see the potential to turn a profit by converting them into inns or Airbnb properties, say agents
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A medieval tower view looks over rural villages in the Italian countryside near San Marino in Italy. Photo: Tim Pile