A tiny Croatian town is selling houses for just 11p
MOVE over Italy’s €1 houses – another country is now offering homes for just 11p.
A number of tiny towns and villages launched the bargain homes in a bid to encourage people to move there, amid a dwindling population.
And a town in Croatia has followed suit, with even cheaper houses.
Legrad is home to just 2,000 locals, and found on the Croatian-Hungarian border, and around two hours north of Zagreb.
While small, the town has a school as well as a doctors and dentist and stores.
Due to the tiny population, local authorities are looking at ways to encourage people to move there.
This includes selling a number of houses in the area for just one Croatia kuna back in 2021, which worked out to 11p.
While Croatia has since moved to using the euro as their currency, the price has remained nearly the same, with them now being 13 cents, just under 11p.
As always, there are a few rules and restrictions in place for who can buy the properties.
Applicants must be under the age of 45, and be in a relationship, either married or otherwise.
Buyers also can’t have any criminal record, or own any other properties.
Legrad mayor Ivan Sabolić told local media: “A total of five houses ready for occupancy have been sold.
“Three families have already moved in, and what delights us is that all three families welcomed a new member during their move-in.
“This has increased the number of children in the daycare centre.”
The increase in families moving there has resulted in a new daycare being built too.
Italy was one of the first to launch a cheap house scheme – here is everything you need to know about their €1 houses.
One Brit who bought a €1 house has raved about the scheme, saying he visits every summer.
Another woman said her home could be worth as much as £500k after the renovations.
In Spain, a number of towns will pay you to move there, such as Ponga which will give up to €6,000.
In Greece, the island of Antikythera introduced a scheme that would pay young families €500 a month to move there.
And the Swiss town of Albinen offered CHF25,000 (£19,800) per person to move there, including CHF10,000 (£7,900) per kid working out to £55k for a family of four.