Discover Dirt Cheap European Real Estate with a Catch
Get ready to own a piece of European real estate for a steal, but there's a catch. From Sweden to Italy and Germany, find out how you can own a home or plot of land for pennies on the dollar, but be prepared for some strings attached.
European Real EstateCheap LandAffordable HousingRural RevitalizationEu InitiativesReal EstateJul 04, 2024
In Sweden, the town of Götene is selling plots of land for as little as €15 ($16) per 150-square-meter plot. The catch? New owners must build a house on the plot within two years. Despite the initial slow sales, a viral TikTok video and international news coverage led to a surge in inquiries from around the world.
This phenomenon is not unique to Sweden. Across Europe, rural towns and villages are struggling to attract young people, who are flocking to cities for better job opportunities. To combat this, the European Union has implemented programs and initiatives to revitalize rural areas.
In Italy, some 50 municipalities are offering
Frequently Asked Questions
How much does it cost to buy a plot of land in Götene, Sweden?
As little as €15 ($16) per 150-square-meter plot.
What is the catch for buying a plot of land in Götene, Sweden?
New owners must build a house on the plot within two years.
How many municipalities in Italy are offering '€1 houses'?
Around 50 municipalities are offering '€1 houses' to revive their dwindling villages.
What is the trend in rural Germany regarding population growth?
Recent studies suggest that people are now preferring rural living over city life, reversing the previous trend of depopulation.
What should potential buyers be aware of when considering 'free' properties in Germany?
Seemingly 'free' properties may come with hidden costs, such as mortgages or liens held by municipalities or banks.
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