You read that right. In the picturesque hilltop town of Salemi in western Sicily, the mayor is selling old stone villas in the historic town center for one euro (approximately $1.41) apiece. The catch? These villas were damaged in the 1968 earthquake, and have stood unoccupied and deteriorating for the past 40 years. Sound appealing? Once you buy the villa, you must restore it in two years in a way that respects its original character and in accordance with the architectural standards established by the town council; you must also hire local builders, architects, decorators, and plumbers to do the work, reports Times Online, "since
the aim of the scheme is to help the local economy."
Mayor Vittorio Sgarbi, a former art critic and culture minister, thought up this idea to restore the 3,700 decaying houses owned by the town, and says that musician Peter Gabriel of Genesis has expressed interest, as well as the owner of the Inter Milan football team. Mr. Sgarbi hopes to turn his town into the next Pantelleria, the nearby island where celebrities such as Gérard Depardieu and Giorgio Armani own homes. If you're interested, check out the mayor's website (click on contatti) or call the town council at +1 39 924 991 111.
If you don't have time to restore a Sicilian villa, you might enjoy reading about a magnificent one in The Leopard, written by Giuseppe di Lampedusa, who chronicled the decline of an aristocratic Palermo family not unlike his own.
Photo by Praecepitum via Flickr
Awesome! I'm in. Who's with me? I'll pay for the villa if someone else wants to foot the bill for all the restoration costs...
Posted by: Katie | September 10, 2008 at 09:39 AM
This sounds like a really awesome deal. I am curious if they have any estimates up front for what it will cost to bring it up to their "standards."
Posted by: Horse N. Buggy | September 10, 2008 at 12:57 PM
It will proably end up w/2 many Americans thus destroying the potential charm
Posted by: Richard | September 10, 2008 at 10:47 PM
Holy Toledo! Sign me up!
Posted by: Emily Haile | September 11, 2008 at 04:02 PM
It will probably have too many British wankers, too bad
Posted by: Carlos | September 13, 2008 at 10:03 PM
I'm in. And I promise not to be a dreadful American.
Posted by: julie | September 14, 2008 at 05:06 PM