Buy A house in "covid-free" Italian village for $1


Cinquefrondi, a community in the southern region of Calabria, calls itself a "Covid-free village" after swerving the ravages of the virus, and hopes its status will sweeten the appeal of homes it's putting on the market for €1, or a little over a dollar.

Cinquefrondi has reported zero coronavirus cases among its residents and is located within a region which has had one of Italy's lowest levels of contagion.

Here's the fine print: While all other towns selling homes for one euro require a down payment of up to €5,000 ($5,635) that the buyer forfeits if they fail to renovate the house within three years, Cinquefrondi merely requests an annual €250 policy insurance fee until works are completed.

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