2Taranto, Puglia, Italy

The port city of Taranto in the Puglia region of southern Italy is another destination offering homes for €1. Taranto, known for its rich history and coastal charm, was once a powerful Greek colony before becoming a significant Roman port. Today, the city is famous for its seafood, medieval architecture, and stunning views of the Ionian Sea. However, like many other southern Italian towns, Taranto has seen its population dwindle as residents move away, leaving behind abandoned properties in need of attention.

The €1 home initiative in Taranto is part of the city’s broader revitalization plan to attract new residents and stimulate its local economy. The homes available for purchase are typically located in the older parts of the city and may require extensive renovations. Despite the required repairs, the lure of Mediterranean living, complete with beaches, sunshine, and historic streets, makes Taranto an appealing option for those looking to invest in Italian real estate.

For those willing to take on the challenge of restoring these properties, the rewards are substantial. Taranto offers an authentic Italian coastal lifestyle, with easy access to the sea and a unique mix of ancient history and modern amenities.