Swiss village plans to sell ‘houses for one franc.’
From The Local
A municipality in Switzerland’s Italian-speaking canton of Ticino is looking at selling off nine properties for the symbolic price of one Swiss franc (€0.90).
The aim of the plan (here in Italian) is to breathe life back into the far-flung but picturesque hamlet of Monti Scìaga, right near the Italian border.
The Italian border is a virtual stone’s throw from Monti Scìaga.
The local council wants to build a hut for hikers and cyclists while nine further properties could be up for grabs for one franc each if local building authorities sign off on the project this autumn.
The catch
But there is a catch. The stone houses – or rustici as they are known locally – are little more than ruins, and anyone buying them would have to fully renovate them in line with local laws.
Continue reading “Swiss village plans to sell ‘houses for one franc.’”
