Re:Italian town is struggling to sell off its empty homes fo...
by gandalfian on Monday March 25, 2024 @06:27AM
(#39814501)
The house costs a euro. The legal and conveyancing fees of a house purchase are several thousand euros. That's before you start renovating.
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Re:Italian town is struggling to sell off its empty homes fo...
by UncleEntity on Monday March 25, 2024 @08:30AM
(#39815491)
Yep, there's a house a couple doors down from my house that they can't sell for less than the value of the land it's sitting on for similar reasons -- renovation costs plus liens for back taxes, various city fines &etc.
It's currently back on the market at $4,900 but I know that the city sending someone out to mow the grass is a $200 or $300 bill (can't remember the exact amount) so I imagine there's multiple $10k on top of the purchase price to even get a title.
Hell, I'd buy it just for the garage but...
Re:Italian town is struggling to sell off its empty homes fo...
by ckdarby on Monday March 25, 2024 @08:40AM
(#39815583)
You imagine or you confirmed?
You'd buy it just for the garage but don't want to put in the time to sort out logistics of a purchase?
Re:Italian town is struggling to sell off its empty homes fo...
by UncleEntity on Monday March 25, 2024 @09:16AM
(#39815890)
The listing specifically states that there are issues (liens and whatnot) that a potential buyer needs to contact the city about and I know, because I'm lazy, lawn mowing tickets cost a couple hundred bucks but not the exact dollar amount and the city is pretty diligent at enforcing that particular ordinance.
So, yeah, I imagine it's more trouble than it's worth.
Re:Italian town is struggling to sell off its empty homes fo...
by slaw on Monday March 25, 2024 @09:07AM
(#39815813)
Where?
Re:Italian town is struggling to sell off its empty homes fo...
by UncleEntity on Monday March 25, 2024 @09:19AM
(#39815926)