Italy's Abruzzo region has joined the €1-house club with the launch of a new scheme in the picturesque town of Pratola Peligna
"Our goal is to make them all shine again and recover the beauty of the old center, even if that may take a while."
"This is really in a worst-case scenario," says Di Bacco."We just want to make sure buyers actually follow through on their commitment and don't simply purchase for €1 and then disappear." "If in the meantime a roof collapses or a wall disintegrates, posing a threat to public safety, the town hall intervenes to secure the building and will make old owners, or their heirs, pay for the damage and repair," says Di Bacco.Buyers won't have to pay a deposit but will face fines if they don't file restoration plans.Pratola Peligna's abandoned stone homes are crammed into its historical district, known as Schiavonia, where alleys are only wide enough for donkey carts.
Most of the town's €1 buildings have two separate entrances -- a main one and another lower down the street leading to an underground storage room. Larger homes even have an attic and a terrace where housewives used to wash the linens and dry cereals and beans. The town overlooks a pristine valley crossed by streams and surrounded by ski slopes and forests, once raided by pirates. Prehistoric fossils have been found in the area, including the skeleton of a mammoth.Carnivals and fairsIt is said Pratola was founded by fiery tribes that refused to capitulate to imperial Rome. The town's name stems from the Latin word"pratulae," meaning"vast cultivated meadow.
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