Skip to comments.For sale: A entire village in the Italian Alps — with an asking price of just $354,000
Posted on 07/13/2014 12:01:16 PM PDT by Lorianne
A picturesque village in the Italian Alps has been put up for sale on eBay, with a starting price of just $354,000.
There is just one catch: many of the 14 timber and stone houses and 50 outbuildings in the mountain village are abandoned and would cost hundreds of thousands of dollars to restore.
One condition of the sale is that the houses must retain their distinctive architectural features and that they be restored according to local traditions.
The village lies just outside the Gran Paradiso National Park, a vast protected area of mountain peaks and valleys teeming with ibex, chamois and eagles.
It was originally a hunting reserve for King Vittorio Emanuele II, the first king of Italy, but was made Italys first national park in 1922.
(Excerpt) Read more at news.nationalpost.com ...
Naw, too many wild goats, ibex, chamois both goats.
They can PAY me $354,000, and I’ll take the whole place...
Sooooooo, I can buy this village with MY money, but I have to restore it in accordance with YOUR wishes?
I don’t believe this is the village I was looking for. Thank you for your time, and good luck finding a prospective buyer.
Yep, you can buy my rusting ‘58 Corvette, but you will have to restore it to showroom condition and park it in my garage. Oh, and I get the keys on Sunday.
If I was going to invest that much money, I’d try to get Portmeirion.
Needs a few gallons of lighter fluid and a match.
There’s nothing whatsoever wrong with any of that. There are countless examples of covenants attached to property sales — this is just one particular covenant.
The important thing is that buyers know about the requirements or limitations in advance. They can then decide whether or not they want to buy the property, subject to those conditions. If you don’t like the covenants, don’t buy the property. It’s that simple. That’s very, very different from slapping on (say) restrictive zoning requirements after the sale.
Be seeing you...
It must be the frame rusting on your ‘58 Corvette.....
The Green Dome...
I came for the Alpine village. I stayed for the Portmeirion.
I’d buy it if I could pick the house I wanted to restore and sell the others.
Reminds me of a gag my wife and mother-in-law pulled on my father-in-law about forty years ago. They owned a vacation home in Maine, a fixer upper, which meant he spent his vacation fixing her up. The found a post card of derelict farm house in the Allagash that appeared to be about to collapse. The inscribed the message, “Dear Mr. Smith, a wonderful little fixer-upper in need of a handyman” and signed it with the name of a real estate agent.
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