Croatian town sells houses for just 11 pence
A CITY in Croatia sells houses for just one kuna (11p) in an attempt to get people to settle in the area.
Inexpensive houses are even cheaper than the famous Italian € 1 houses, although they come with a number of conditions.
Dilapidated houses need a lot of work – many of them have no windows or doors, or have moldy walls and floors.
To be able to buy one, you also need to have a full-time job, be under 40 and be ready to move there for 15 years.
There is good news – local authorities will give buyers 25,000 kuna (£ 2,900) for renovations.
However, anyone looking to move in with a cheap house to renovate can head to the town of Legrad which hopes to increase its population again and buy one of the 19 properties.
Although it once had a huge population, the city now has around 2,250 people living there, after the fall of the Austro-Hungarians, making it a border town with few transport links to other towns.
The city’s mayor, Ivan Sabolic, said: “We have become a border town with few transport links to other places. Since then the population has gradually declined.”
It will be necessary to act quickly, because 17 of the properties have already been sold, with the interest of the Russians and the Ukrainians, as well as those of Turkey and Argentina.
However, if you settle there, you can make the most of the beautiful countryside, as well as two European countries on your doorstep.
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Italy is notorious for selling cheap homes, with a lot for $ 1.
A seaside town in Italy recently launched a number of € 1 apartments, some with sea views.
Here is everything you need to know if you want to buy an Italian house for € 1.