channel/explore

This Stunning Town In Italy Is Selling Houses For Just $1 

sambuca italy
SHUTTERSTOCK/Simone Padovani

The Italian town of Sambuca is putting houses on the market for just 1 euro or just over a dollar to encourage people to move there and provide a boom to its economy.

Sambuca is a hilltop town with views over the Mediterranean island and nearby beaches, the region was the winner of the most beautiful village in Italy in 2016.

But there's a catch. According to CNN travel, the new owners must commit to refurbish their real state within three years, at a cost starting from €15,000 (about $17,200). There is also €5,000 security deposit that will be returned once the restyle is complete.

Check out the town.