"The commune of Ambert is selling homes for a symbolic €1 to bring in new residents, with significant renovation conditions and a three-year residency requirement."
"House vacancy rates in certain areas of Ambert reach 60%, driving the need for innovative housing initiatives to attract residents back to rural communes."
The rural commune of Ambert in south-east France aims to revitalize its declining population by offering homes at a symbolic price of €1. This initiative is part of a five-year plan to address high vacancy rates, which exceed 60% in some areas. New owners must commit to extensive renovations and reside in the property for at least three years. Local and state aid are available, but the initiative reflects a broader effort by communes across France to attract residents and combat population decline.
Read at The Local France
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