{"id":98615,"date":"2023-03-29T14:27:54","date_gmt":"2021-10-19T02:30:15","guid":{"rendered":"http:\/\/traveltriangle.com\/blog\/?p=98615"},"modified":"2021-10-19T20:08:23","modified_gmt":"2021-10-19T14:38:23","slug":"italian-town-ollolai-selling-homes-in-one-euro","status":"publish","type":"post","link":"https:\/\/traveltriangle.com\/blog\/italian-town-ollolai-selling-homes-in-one-euro\/","title":{"rendered":"In Just 1 Euro, You Can Buy A House In Ollolai, Italy"},"content":{"rendered":"

Do you dream of owning a pretty home in a rustic Italian village? You can now make those dreams come true! Located in the mountain region of Barbagia on the Mediterranean island of Sardinia, Ollolai is a small Italian village that is selling hundreds of abandoned homes for just \u20ac1 (INR 80\/- or $1.2).<\/p>\n

Though it isn\u2019t the first Italian town to try the gimmick, it definitely is the first to live up to the promise. And the best part – It’s also got that beauty and history that travelers associate the country of Italy with, something that is needed to draw people in.<\/p>\n

\"ollolai<\/div>\n

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However, it all comes with a catch – This real estate bonanza of over 200 stone-built dwellings are in poor condition and buyers are required to commit to a refurbishment within three years, which, in turn, will easily cost about $25,000 (16 lacs).<\/p>\n

The Reason For The Sell-Off Plan<\/h2>\n

A destination lost in time, Ollolai is at a risk of becoming a ghost town. The plan was initiated to revive the community, repopulate the town, and preserve their culture. In the past 50 years, Ollolai’s population has shrunk from 2,250 to 1,300, with very few babies being born each year.<\/p>\n

\"ollolai<\/div>\n

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Once buzzing with activity, this untouched part of Sardinia now lies silent, as its younger residents have moved away to bigger cities for prospects of better jobs and better lives. Covered in cobwebs, Ollolai\u2019s stone dwellings, maze of alleys, and mural-covered piazzas now lie in ruins.<\/p>\n

“We boast prehistoric origins. My crusade is to rescue our unique traditions from falling into oblivion,\u201d said Efisio Arbau, Ollolai’s mayor when asked about the rejuvenation plan. “Pride in our past is our strength. We’ve always been tough people and won’t allow our town to die. We once had a fiery king, Dux Ospitone, who united all heathen tribes in a league,\u201d he added, stressing on how this city, named out of an ancient battle cry of “alal\u00e9\u201d, is fighting once again. “These hills are Italy’s ‘Highlands’ and we are sons of ‘Bravehearts\u2019.\u201d<\/p>\n

\"ollolai<\/div>\n

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He hopes the refurbishment plan, if successful, will help create new jobs and revive the local economy, other than breathing life back into this currently solemn town.<\/p>\n

The remaining residents, too, haven\u2019t lost hope of retaining the town to its former glory. Traditional ways of life still survive. Local shepherds still make the exquisite premium sheep cheese – Casu Fiore Sardo, and artisans still weave fine baskets.<\/p>\n

The Initiative<\/h2>\n
\"ollolai<\/div>\n

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In a bid to breathe new life into this once frivolous town, Arbau had taken some major steps:<\/p>\n