Are you interested in purchasing a home in an exotic location or simply looking for a great investment opportunity? If so, buying an abandoned home may be what you’re looking for. Many countries around the world have abandoned homes for sale, often at a fraction of the cost of new construction. Now that COVID-19 restrictions are a thing of the past, perhaps it’s time to make a move on this dream? Here are some countries where you can purchase abandoned homes and make your dream a reality.
1. Italy: Italy is known for its historic architecture and stunning landscapes, and it’s also a country where you can find some great deals on abandoned homes. The Italian government has been trying to sell off abandoned properties in rural areas for as little as €1 (about $1 USD). These homes require significant renovation work, but they offer a unique opportunity to own a piece of history.
2. Spain: Spain has a high number of abandoned homes due to economic struggles, and many of these homes are available for purchase. While not all of them are in desirable locations, there are some hidden gems to be found with stunning sea views or mountain landscapes.
3. Greece: Greece has faced its share of financial hardships, leaving many homeowners unable to keep up with mortgage payments and leading to an abundance of abandoned homes. With prices as low as €5,000 (about $6,000 USD) for a house, Greece offers an affordable option for those looking to invest in real estate.
4. Japan: Japan has a unique problem with abandoned homes, known as “akiya.” Due to an aging population and younger generations moving to urban areas, many rural homes have been left vacant. As a result, some local governments are offering incentives to potential buyers, such as subsidies or tax breaks.
5. Bulgaria: Bulgaria boasts a wealth of abandoned homes, particularly in rural areas. Some of these homes date back to the 19th century and earlier and are steeped in history. Prices can be as low as €4,500 (about $5,000 USD) for a small house, making it an excellent investment opportunity.
If you’re considering purchasing an abandoned home, it’s important to do your research and assess the costs involved in renovation. But for those willing to take on the challenge, buying an abandoned home can provide a unique opportunity to own a piece of history Purchasing an abandoned home can be a unique investment opportunity, but it’s also important to do thorough research before making a purchase, including obtaining legal advice on the property’s ownership status and ensuring that all necessary permits are in place before beginning any renovation work. However, for those willing to take on the challenge, a renovated abandoned home can be a beautiful and unique place to call home. Keen to know more? Let’s dive deeper into each country:
ITALY
If you’re looking for a unique investment opportunity, Italy offers a chance to purchase abandoned homes at bargain prices. The Italian government has been selling these homes in an effort to rejuvenate rural areas that have been struggling economically. Here are some regions in Italy where you can find abandoned homes available for purchase.
1. Sicily: Sicily is one of the most popular regions for purchasing abandoned homes in Italy. The government has been offering properties for as little as one euro in towns like Mussomeli and Sambuca di Sicilia, both of which boast stunning countryside landscapes. After the pandemic measures eased in Italy, Samba started to advertise €2 houses for sale.
To view €1 houses in Mussomeli, visit https://www.case1euro.it
2. Calabria: Calabria, located in the southern tip of Italy, is another region with a high number of abandoned homes for sale such as in the village of Cinquefrondi. The area is known for its rugged coastline and charming medieval villages, making it a popular spot for tourists. You can find deals on properties starting at just €1.
To view €1 houses in Calabria, visit https://1eurohouses.com/regions/calabria-en/
3. Abruzzo: Abruzzo is an area located in central Italy known for its mountainous terrain and picturesque medieval towns. Here, you can find a diverse range of properties, from small village homes to larger country estates. Prices vary depending on the condition and location of the property, with some homes available for as little as €5,000.
4. Puglia: Puglia, located in the heel of Italy’s boot-shaped geography, is another area with a high number of abandoned homes for sale. The region is known for its white-washed trullo houses, cone-shaped structures made of limestone that have become a symbol of the area’s unique architecture. You can find abandoned homes in Puglia starting at around €10,000.
5. Molise: Molise is one of Italy’s smallest regions, located in the southeast of the country. It offers a slower pace of life compared to the more touristy areas of Italy, and it is known for its beautiful landscapes and traditional rustic homes. You can find abandoned homes in Molise for as little as €1.
SPAIN
Spain is another European country where one can find abandoned homes available for purchase. While most of these properties require significant renovation, they can be a unique investment opportunity. Here are some regions in Spain where you can find abandoned homes for sale.
1. Galicia: Located in the northwest corner of Spain, Galicia is known for its rugged coastline and lush green landscapes. The government has been selling abandoned homes for less than €1 in towns like O Barco de Valdeorras and A Coruña.
2. Andalusia: Andalusia is one of the most popular regions of Spain for purchasing abandoned homes. The area is known for its stunning beaches, historic cities, and vibrant culture. Some of the best places to find abandoned homes in Andalusia include Jaén, Granada, and Cádiz.
3. Asturias: Asturias is located in the northern part of Spain, and it is a region known for its natural beauty and cultural heritage. You can find abandoned homes in Asturias starting at around €5,000 in towns like Oviedo and Gijón.
4. Cantabria: Another northern region of Spain with a high number of abandoned homes for sale is Cantabria. The area is known for its beautiful beaches and historic architecture. Abandoned homes in Cantabria are typically priced between €10,000 and €20,000.
5. Extremadura: Located in southwestern Spain, Extremadura is an area with a high concentration of abandoned homes available for sale. You can find properties here for as little as €5,000 in towns like Cáceres and Badajoz.
GREECE
Greece is a country with a rich history and culture, and it’s also a place where you can find abandoned homes available for purchase. These properties can be a unique investment opportunity or even a place to call home, but they typically require significant renovation work. Here are some areas in Greece where you can find abandoned homes for sale.
1. Peloponnese: Peloponnese is a region in southern Greece known for its rugged landscapes, ancient ruins, and beautiful beaches. The area has a high concentration of abandoned homes available for purchase, especially in towns like Kalamata and Sparta.
2. Crete: Crete is the largest of the Greek islands, and it’s a popular tourist destination known for its beautiful beaches and historic landmarks. The island also has a number of abandoned homes available for purchase, particularly in towns like Chania and Rethymno.
3. Thessaly: Thessaly is a region in central Greece known for its stunning mountain ranges, lush forests, and ancient ruins. The area has a high concentration of abandoned homes available for sale, especially in towns like Larissa and Trikala.
4. Epirus: Epirus is a region in northwestern Greece known for its spectacular natural beauty, including the Vikos Gorge and the Pindus Mountains. The area also has a number of abandoned homes available for purchase, particularly in towns like Ioannina and Arta.
5. Corinth: Corinth is a city in the Peloponnese region known for its ancient ruins and stunning beaches. The area also has a number of abandoned homes available for sale, particularly in the surrounding rural areas.
JAPAN
Japan is a country that has a rich cultural heritage and a fascinating history. However, there are many abandoned homes scattered throughout Japan that have fallen into disrepair and neglect. These properties, while requiring significant renovation work, represent a unique opportunity for those interested in purchasing a property in Japan. Here are some areas in Japan where you can find abandoned homes available for purchase.
1. Nagano: Nagano prefecture is located in the central part of Honshu island, known for its beauty and scenic locations. The region has a high concentration of abandoned homes available for purchase, especially in villages and rural areas like Omachi and Otari.
2. Tohoku: Tohoku is a region located in the northern part of Honshu. The area is known for its natural beauty and picturesque landscapes. You can find abandoned homes for sale in many of the rural areas across the region, including towns like Yamagata and Iwate.
3. Kyushu: Kyushu is the third-largest island of Japan, located in the southwest part of the country. The area is known for its hot springs, beautiful beaches, and delicious food. You can find abandoned homes available for purchase in many of the rural areas, including towns like Kumamoto and Oita.
4. Hokkaido: Hokkaido is the second-largest island of Japan, located in the north of the country. The area is known for its incredible natural beauty, including national parks and wildlife reserves. You can find abandoned homes for sale in many of the rural areas across the island, including towns like Asahikawa and Furano.
5. Shikoku: Shikoku is the smallest of Japan’s four main islands, located in the southwest part of the country. The area is known for its beautiful scenery and pilgrimage routes. You can find abandoned homes available for purchase in many of the rural areas, including towns like Kochi and Tokushima.
BULGARIA
Bulgaria, located in southeastern Europe, is a country with a rich history and beautiful landscapes. However, like many countries, it has its share of abandoned homes that have fallen into disrepair and neglect. If you’re interested in purchasing a property in Bulgaria, here are some areas where you can find abandoned homes for sale.
1. Sofia: As the capital of Bulgaria, Sofia is an excellent place to start your search for abandoned homes. The city has a high concentration of properties available for purchase, many of which require renovation work. While renovation can be costly, purchasing an abandoned home in Sofia is a great investment opportunity, as real estate prices in the city have been steadily increasing.
2. Plovdiv: Plovdiv is the second-largest city in Bulgaria and is also a good place to find abandoned homes. Located in the south-central part of the country, Plovdiv has a rich history and many beautiful historic buildings. You can find many abandoned homes available for purchase in the old town area of Plovdiv.
3. Varna: Varna is a coastal city located in the northeastern part of Bulgaria. The city is known for its beautiful beaches and seaside resorts. While most of the properties on the coast are new or recently renovated, you can still find abandoned homes available for purchase in the more rural areas surrounding the city.
4. Veliko Tarnovo: Located in the central part of Bulgaria, Veliko Tarnovo is a city known for its rich culture and history. The city is home to many historic buildings and museums, but it’s also an excellent place to find abandoned homes. You can find many abandoned homes available for purchase in the old town area of Veliko Tarnovo.
5. Smolyan: Smolyan is a small town located in the Rhodope Mountains in southern Bulgaria. The town is known for its beautiful natural landscapes and traditional architecture. While it may be challenging to find abandoned homes in Smolyan, it’s worth the effort for those interested in a rural or mountain lifestyle.
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