“One euro houses,” as demonstrated by an Italian example, would be an excellent solution to Spain’s depopulation crisis.
Despite the fact that Spain has a depopulation problem comparable to that of Italy, little has been done on the Iberian Peninsula. At the same time, we are bombarded with initiatives from small town mayors in Italy offering cheap, “one euro houses” in the hope of revitalising the local economy and combating the depopulation problem.
Houses that would otherwise be abandoned or destroyed are being sold for the symbolic price of one euro by private individuals or municipalities from the south to the north of the Italian peninsula.
The goal is for the new owners to begin rehabilitation and recovery work in order to breathe new life into the buildings and the areas in which they are located. These one euro houses in Italy have become a magnet for foreigners, as well as an initiative that has been replicated in various parts of the country.
Following in the footsteps of Patrica, another municipality in the Lazio region is launching the now-famous “one euro houses” initiative. Maenza, a mediaeval village in the province of Latina, is the location. “Pact for the Historic Center” is a new project. The goal is to reclaim abandoned homes and repopulate the historic district.
There is a page dedicated to this initiative on the municipal website, which states that the project aims to recover and enhance the value of buildings “located in the historic centre, returning them to their function, especially housing, in order to recover or, at the very least, stem the phenomenon of depopulation that the municipality of Maenza has been experiencing for many years and that has led to a sizable population loss.”
“”There are several abandoned houses in Maenza’s historical centre,” mayor Claudio Sperduti explained. Some are also dangerous, so I’ve signed ordinances to try to get them fixed. Then there are those who want to demolish these structures, possibly because they have moved elsewhere “.. This is why the administration decided to launch this initiative, which has already captured many small towns throughout Italy.
“We’re in the process of doing the procedures, we don’t have any houses available yet,” the mayor added, “but the resolution that was just approved has had a lot of media coverage, and requests have already started to come in.” This type of investment has sparked a lot of interest.”
Maenza’s “Patto per il centro storico” project, like the other “one euro houses in Italy” initiatives, envisions a symbolic cost of one euro for the purchase of the property, followed by three years of renovation. “The project is just getting started,” said Maenza’s mayor, “but in two months we will publish the showcase with the available properties and then we will begin to accept offers.” “The initial phase has begun,” he added, “and it’s a project that will evolve over time.”
But why decide to buy a house in Maenza for one euro? “”Maenza is a town where the quality of life is good, even when compared to this pandemic that has made us rediscover the goodness of small towns,” explains the mayor. It is a very welcoming mediaeval town with many initiatives both in the summer and in the winter. We’re also half an hour from the beach, and you can get to Terracina, Circeo, and Gaeta in no time “.. Sperduti concluded, “Although the initiative is still in its early stages, there is already a lot of interest.”
Given Spain’s popularity among Europeans, such initiatives would likely be very appealing in a country suffering from a severe depopulation problem, such as Spain. However, such initiatives have yet to be seen.
© One Euro Houses, Popular In Italy But Not In Spain – Valencia Property
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