This village in Italy went viral for $1 homes and has more cheap houses for sale—but the price has gone up

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Sambuca di Sicilia previously went viral for auctioning off old homes with bids starting at 1 euro.

This village in Italy went viral for $1 homes and has more cheap houses for sale—but the price has gone upis hoping to continue years of success with its latest scheme to sell off abandoned homes at a very low cost.with bids starting at 1 euro. The town did it again in 2021 with bids starting at 2 euros and is looking to repeat it for a third time with bids starting at 3 euros or $3.

This English teacher started his business with two $500 prepaid debit cards. Now it's an $8 million company "From the moment that I sent in the bid and checked my email every day and found out that I won, all the way through this process, there have been 4 million moments of frustration, exhaustion, contemplation of how to move forward," Tabbone said."I never felt like this wasn't the right place for me to be, and that this wasn't the right project for me to work on or community to live in.

 

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This village in Italy went viral for $1 homes and has more cheap houses for sale—but the price has gone upSambuca di Sicilia previously went viral for auctioning off old homes with bids starting at 1 euro.
Source: CNBC - 🏆 12. / 72 Read more »