Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
Fancy your very own BOL in Sicily for just £0.80
21 August 2014, 16:10,
#1
Fancy your very own BOL in Sicily for just £0.80
Yes its true, the only catch is that the properties are run down and a condition of the sale is that you have to renovate the place within 3 years......

https://uk.finance.yahoo.com/news/italia....html?vp=1
Reply
24 August 2014, 21:13,
#2
RE: Fancy your very own BOL in Sicily for just £0.80
I'd want to look at the land tenure (i.e. Is it freehold or leasehold?) and the property taxes, which presumably would be payable from Day One. Also, are services still connected / nearby? Obviously the detail of the contract would have to be looked at. What is the standard of renovation required? Otherwise, what's not to like?!
Find a resilient place and way to live, then sit back and watch a momentous period in history unfold.
Reply
24 August 2014, 22:49,
#3
RE: Fancy your very own BOL in Sicily for just £0.80
(24 August 2014, 21:13)Tarrel Wrote: I'd want to look at the land tenure (i.e. Is it freehold or leasehold?) and the property taxes, which presumably would be payable from Day One. Also, are services still connected / nearby? Obviously the detail of the contract would have to be looked at. What is the standard of renovation required? Otherwise, what's not to like?!

The properties are within a hilltop village, they were abandoned after WWII so basically a shell, its being done to help prevent the village from dieing and to bring new people into the village.
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)