3Laurenzana, Basilicata, Italy
The tiny village of Laurenzana in the Basilicata region of southern Italy is another destination offering homes for €1. Known for its lush landscapes and medieval architecture, Laurenzana is set in the mountainous region of the Apennines. The village has faced severe depopulation over the years, and many homes have been left abandoned as younger generations move away.
Laurenzana’s €1 home initiative aims to revive the village by encouraging new residents to restore and repopulate the area. The village is an ideal destination for those seeking an authentic, peaceful lifestyle in rural Italy, far from the hustle and bustle of modern urban centers. While the homes in Laurenzana may require significant renovation, the stunning natural surroundings and the village’s slower pace of life are attractive draws for potential buyers.
The local government requires buyers to submit a renovation plan and complete the work within a specified period, usually around three years. For those looking to escape city life and experience the charm of Italian village living, Laurenzana offers a unique opportunity at an unbeatable price.
