This Picture-Perfect Italian Village Is Selling Homes for $1.20 (Yes, Really)

Photo:

Lubomir Mihalik/500px; PICTURED: Cagliari, capital of Sardinia

If you've ever dreamed of buying a fixer-upper in the Italian countryside and following in the footsteps of Diane Lane in Under the Tuscan Sun, it's now more attainable than ever. According to Travel+Leisure, an Italian village is selling some of its historic homes for just one Euro, or about $1.20. Yes, really.

Ollolai is a town located in Sardinia, a picturesque island off the coast of Italy, best known for its unbelievable white sand beaches. The quaint town has seen a decrease in population and is looking to sell 200 historic homes to attract new residents and preserve its fading history.

There is a catch, though. Prospective buyers should be ready to roll up their sleeves and renovate—the old homes are in need of repair, and as part of the one euro sale, owners must commit to refurbishment within three years. "My crusade is to rescue our unique traditions from falling into oblivion. Pride in our past is our strength," Mayor Efisio Arbau told CNN. "We've always been tough people and won't allow our town to die."

Ready to take on the renovation challenge? Submit an expression of interest via Case1Euro but be warned—all the forms are in Italian.