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How to Buy 1 Euro Houses in Italy: The Complete 2025 Guide

#2025
#Budgeting
#First-Time Buyers
James Wilson
August 26, 2025
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#Mortgage Approval
#Finance
#Home Buying

How to Buy 1 Euro Houses in Italy: The Complete 2025 Guide

By
August 26, 2025

The idea of buying a house in Italy for just 1 euro has captured global attention. It sounds like a dream come true — a charming property in an authentic Italian town for less than the cost of an espresso. But as with many things in Italy, the reality is a little more complex. At LikeJunco, we speak every day with international clients curious about the “Case a 1 Euro” program. As a mortgage broker dedicated to helping foreigners finance property in Italy, we believe it’s important to explain both the opportunities and the realities behind these symbolic homes.

What Are 1 Euro Houses?

The 1 Euro House program was created by small Italian municipalities facing depopulation. Abandoned homes are sold for a symbolic €1, provided that the buyer commits to renovating the property within a few years.

It’s a smart way to attract new residents, breathe life into historic villages, and preserve Italy’s cultural heritage. But it also means buyers must be prepared for renovation costs, paperwork, and municipal requirements.

Where to Find Them in 2025

As of 2025, the program is active in several regions:

  • Sicily (towns like Sambuca di Sicilia and Mussomeli)
  • Sardinia (Ollolai and other rural villages)
  • Calabria (Cinquefrondi, often called the “town of rebirth”)
  • Umbria & Tuscany (smaller towns seeking new residents)

Each town publishes its own application process and deadlines, so it’s essential to review official municipal websites before applying.

The True Costs Behind a 1 Euro House

While the purchase price is symbolic, the real investment comes from renovation. Here’s what you should budget for:

  • Deposit or guarantee: €2,000–€5,000 (refundable once renovations are complete)
  • Renovation works: often €20,000–€70,000 depending on size and condition
  • Taxes & legal fees: registration, notary, municipal permits
  • Ongoing costs: property tax (IMU), waste tax, utilities

👉 In most cases, the total outlay is closer to €30,000–€80,000.

This is where professional guidance becomes valuable — especially for financing the renovation phase.

Can Foreigners Buy 1 Euro Houses?

Yes. The program is open to both Italians and international buyers. The requirements usually include:

  • Proof of financial ability to renovate
  • Submission of a renovation plan
  • Agreement to start works within a fixed timeframe (often 3 years)

Some towns may also favor buyers who intend to live there permanently or start a business that supports the local economy.

How LikeJunco Can Help

At LikeJunco, we specialize in mortgages for foreigners buying property in Italy. While the symbolic €1 purchase doesn’t require financing, the renovation phase often does.

We help international clients by:

  • Exploring renovation loan options with Italian banks
  • Advising on mortgage products suitable for non-residents

Our goal is to make the process transparent, so you can focus on turning your Italian dream into reality.

Is a 1 Euro House Right for You?

The program is ideal if you:

  • Are excited about renovation projects
  • Prefer authentic towns over tourist hubs
  • Have flexibility with location
  • Want to experience Italian life at a slower pace

It may not be suitable if you’re looking for a move-in-ready property in a well-connected city. In that case, traditional real estate options (with mortgage support) may be a better fit.

Final Thoughts

The 1 Euro House program in Italy is an exciting opportunity, but one that requires clear planning and realistic budgeting.

If you’re considering buying one of these properties in 2025, LikeJunco can guide you through the financing options available — from renovation loans to tailored mortgage solutions for foreigners.

👉 Book a free consultation with a LikeJunco advisor today and take the first step toward turning your Italian dream into reality.

FAQs About Buying 1 Euro Houses in Italy

1. Can foreigners really buy a 1 Euro house in Italy?
Yes. The program is open to both Italians and international buyers. You’ll need to provide proof of funds, a renovation plan, and meet the deadlines set by the municipality.

2. How much does it actually cost to renovate a 1 Euro house?
Most buyers spend between €30,000 and €80,000. Costs vary depending on the property’s condition, local construction prices, and your renovation goals.

3. Do I need a mortgage for a 1 Euro house?
Not for the symbolic purchase itself, but many foreigners use a renovation loan or mortgage to cover the renovation works. This is where LikeJunco can assist you in finding the right financing solution.

4. How long do I have to complete the renovation?
Typically, municipalities require renovations to be completed within 3 years. Each town sets its own rules, so it’s important to review the local call for applications carefully.

5. Is a 1 Euro house a good investment?
It can be, but the main value is lifestyle rather than resale profit. If your goal is a holiday home or retirement retreat in an authentic Italian town, it may be a perfect fit.

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