This Seaside City in Italy Is Selling 1 Euro Homes If Buyers Can Renovate Them
If you’ve been toying with the idea of dropping everything and moving to Italy—or at the very least living out a thrilling Italian adventure—consider going to the seaside city of Taranto in Puglia. For a second time, the city is selling a ton of old, abandoned buildings for only one euro if buyers renovate them.
A total of 50 apartments within nine multi-floor buildings are up for grabs and in desperate need of renos, according to an announcement on the city's website. While the units themselves aren’t in great shape, many of them have a panoramic view of Taranto’s gulf or showcase the beauty of the city’s historic piazzas.
Positioned between two seas—Mar Grande and Mar Piccolo—Taranto is known for its wide beaches, dolphin population, and mussel farming. Along with its ancient cathedrals and palaces, the city is experiencing a cultural renaissance with everything from diverse museum exhibits to sporting events, like the 2026 Mediterranean Games.
Unlike the first time around, the rules for buying a one-euro home are less strict. Buyers have to renovate the home within one year of purchasing it, but extensions are allowed if necessary. Plus, actually moving into the renovated home is no longer mandatory, meaning buyers can use the home seasonally or rent it as a bed and breakfast if they don’t want to live there full time.
Anyone who wants to learn more about IRL guided tours, submit an application, or see floor plans can find it all on city’s website.
Want to know absolutely everything before starting your reno project? We get it. Let’s obsess over the details together.
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