Northeast India’s Only English and Hindi Satellite News Channel

Woman Renovating 3 Houses In Italy Says She Bought Them For ₹ 270

First Published: 19th May, 2023 18:51 IST

The woman bought three empty properties for just $1.10 (Rs 90) each towards the end of a 10-day tour to Mussomeli, a small village in Sicily, in July 2019

A California woman bought three abandoned houses in a small Italian town for $3.30 (approximately ₹ 270) and is now spending her time renovating the properties, as per a report in the New York Post. Rubia Daniels, 49, became interested when she learned that the country was offering low-cost properties to repopulate deserted villages in remote areas. She bought the three abandoned houses in 2019, NDTV reported.

Ms Daniels said she was “amazed” by the idea and wanted to check whether it is true. “I did my research, and within three days I had my plane ticket, a rental car, and the hotel, and I left,” she told Insider.

The woman bought three empty properties for just $1.10 (Rs 90) each towards the end of a 10-day tour to Mussomeli, a small village in Sicily, in July 2019. The sale of the properties was verified by a representative of Case 1 Euro, the company in charge of the Mussomeli housing development.

She has different plans for each of the buildings she owns in Mussomeli. The first house, said Ms Daniels, will be used for residential purposes whenever she visits the town. She plans on converting the second into an art gallery so that she can “give back to the community” and intends to renovate the third property into a wellness centre, which is deemed her “biggest renovation”. Although she started the repair work in 2019, the Covid-19 pandemic pushed the deadline forward. At present, the outside work of the first two properties is almost completed.

This is not the first time a property has been bought for so low. In 2021, another town in Sicily known as Castiglione di Sicilia, was offering houses equivalent to a “price of a coffee”, as per a report in CNN. The 900 abandoned homes were located in some of the oldest parts of the town. 

The majority of the houses were ruined and were to be sold for a symbolic price of $1.20 (approx ₹ 99). The others, which were in better shape, were going to be discounted, starting at 4,000 euros (Rs 3.5 lakh) to 5,000 (Rs 4.4 lakh). However, the new owners were required to finish the renovations within three years. As per the outlet, unlike the majority of other plans, there was no deposit required to ensure the completion of the work. Instead, the scheme demand that owners purchase 4,000 euros (Rs 3.5 lakh) insurance policy from a bank.

Also Read: Floods claim eight lives in North Italy, Formula One race postponed

COMMENTS

Leave a Reply

Your email address will not be published. Required fields are marked *

WE RECOMMEND

Banner
Elon Musk is Hiring Hindi Tutors, Offering Rs 5,000 Per Hour

The key responsibility of the AI tutor will be using xAI’s specialised software to label and categorise information.

21st October 2024
Banner
Israel releases new footage of Hamas chief Yahya Sinwar

Sinwar and two other terrorists were killed in a chance encounter with Israeli soldiers in Rafah on Thursday.

20th October 2024
Banner
“Grave mistake”: Netanyahu warns Iran, Hezbollah after “assassination” attempt

Netanyahu's response came after a drone was launched towards his residence in the Israeli town of Caesarea.

20th October 2024
Banner
Thankful to PM Modi for concern expressed over Ukraine crisis: President Putin

PM Modi had visited Russia in July to participate in the 22nd India-Russia Bilateral Summit.

19th October 2024
Banner
PM Modi To Visit Russia Next Week to Attend BRICS Summit in Kazan

The BRICS Summit in Kazan is being held under the chairmanship of Russia, according to the Ministry of External Affairs (MEA).

18th October 2024