But yes, as you might have guessed, there’s a catch. For new residents to get this home for free, they must present a clear renovation proposal for the property and do so within three years. Also, each homeowner must pay a deposit of 5000 euros which will be refunded once the renovations are complete.
Though there is no information on how much a renovation in Cammarata might cost, in Mussomeli, a town about 11 miles away that had given away 1 euro homes in June, these costs were estimated to range from 100 to 700 euros per square meter, according to Case 1 Euro. It still seems like a deal of a lifetime as owning a historical Italian home is stuff of dreams.