Selling homes for 1 euro is a common practice in Italy aimed at attracting people to remote areas. In France, similar schemes exist but are less widespread, typically found in regions experiencing population decline, like central France's Cantal and Creuse. These programs encourage home buying and remodeling in under-populated villages and towns. Often, local authorities promote these sales with conditions, which may include agreements for first-time buyers to commit to residing in and renovating the properties for a designated period.
The practice of selling homes for 1 euro to attract residents to remote areas is common in Italy, and is also emerging in France, though less frequently.
Areas affected by population drain in France, particularly in central regions like Cantal and Creuse, offer homes for 1 to encourage relocation and renovation.
These schemes are typically found in sparsely populated regions, and buyers are often required to commit to living there for a set time and renovating the properties.
Some northern communes in France are offering cash incentives, like 5,000 euros, to attract homebuyers to areas that are far from major urban centres.
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