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demmiblue

(36,841 posts)
Sun Jan 20, 2019, 12:08 PM Jan 2019

$1 home deal triggers property stampede in Sambuca, Italy

(CNN) — Tempted by the deal offering homes for just over $1 in the town of Sambuca on Italy's island of Sicily?
You and everyone else.

Since CNN Travel broke the news about the €1 ($1.14) offer aimed at revitalizing a beautiful but depopulated community, there's been a stampede to buy.

Within 48 hours of the story going live, the town has been inundated with tens of thousands of inquiries from people hoping to grab their piece of the rural Italian dream.

Giuseppe Cacioppo, the town's deputy mayor, says he's excited by the level of interest, but is freaking out.

"This is great, I'm flabbergasted by the response," he says. "I haven't come up for air since the story appeared.

https://www.cnn.com/travel/article/sambuca-sicily-one-euro-home-stampede/index.html?sr=twCNN011819undefined1020AMStory



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$1 home deal triggers property stampede in Sambuca, Italy (Original Post) demmiblue Jan 2019 OP
Hopefully investment firms do not get preferential treatment... EarthFirst Jan 2019 #1

EarthFirst

(2,900 posts)
1. Hopefully investment firms do not get preferential treatment...
Mon Jan 21, 2019, 08:28 AM
Jan 2019

...that they go to genuine families looking at a chance to make a dream a reality and build a community around others with a similar mindset.

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