Attention Economy


Sunday, March 24, 2024

Abandoned Properties in Italy

This Italian town is struggling to sell off its empty homes for one euro. Here’s why.
Abandoned buildings in old Italian towns are sometimes split between multiple heirs who own just a section – like a bathroom, balcony, kitchen - and nothing can be sold without written consent from all heirs, as per Italian law.
In the past, it was customary for children to inherit parts of their family home, including patches of land, wells and orchards.
But it’s not always a guarantee that relatives will still be on good terms and/or in contact years down the line.