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Italian village offers $1 homes to Americans seeking to move

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An Italian village is trying to woo Americans upset with the recent election results with villas priced as low as one euro (US$1.05).

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The village of Ollolai, on the island of Sardinia, launched a website shortly after the Nov. 5 election results, CNN reported.

“Are you worned [sic] out by global politics?” asks the website liveinollolai.com.

“Looking to embrace a more balanced lifestyle while securing new opportunities? It’s time to start building your European escape in the stunning paradise of Sardinia.”

The town’s mayor, Francesco Columbu, told CNN the pitch is specifically designed to attract Americans, whom he thinks are the best people to help revitalize the town as it deals from de-population.

“We just really want, and will focus on, Americans above all,” Columbu told CNN. “We can’t of course ban people from other countries to apply, but Americans will have a fast-track procedure. We are betting on them to help us revive the village, they are our winning card.”

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Columbu told CNN the website has received 38,000 requests of information on houses, most of them from the U.S.

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The offer of homes for one euro or cheap homes in Italy for expats is nothing new.

According to a report by the Independent, around 25 Italian municipalities have offered one-euro villas to prospective buyers in hopes of reviving abandoned communities.

Many of the one-euro homes are dilapidated properties in need of renovations.

The town of Ollolai is also offering ready-to-occupy houses for prices up to 100,000 euros.

Photos of available properties will be uploaded to the website, Columbu told CNN.

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