This town in Italy is giving away free houses, but you have to renovate them. (via CNBCMakeIt)
In Cammarata, each homeowner must pay a deposit of about 5,000 euro , which will be returned once the renovations are complete.
City of Cammarata in Central Sicily. Mediterranean Medieval City, built in the mountain of Cammarata.Cammarata is located about 37 miles southeast of Palermo, the capital of Sicily, and is set at an elevation of about 3,281 feet. The town has"I can't stand to see this gorgeous, old historical center empty and turn into a ruin. It hurts me," Mayor of Cammarata, Vincenzo Giambrone,As of Nov. 8, there are eight homes listed to be given away, according to the town's website.
Young couples with children would receive priority to own one of Cammarata's abandoned homes. Giambrone even offered a bonus of 1,000 euro to couples who move to Cammarata and have a baby. Newcomers can use the free buildings as private homes or for businesses, like a bed-and-breakfast or restaurant.Other homes in Sicily have previously been on sale for only 1 euro in an effort to get new homeowners to restore dwindling communities. Some of these Sicilian towns include
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