Global
Buy a House in France for Just 1 Euro!
The small town of Saint-Amand-Montrond in France is offering an incredible opportunity to purchase a house for just 1 euro (Rs. 299)!
However, there are some conditions to meet.
The Property
The 828-square-foot property is located in the city center and features:
- 2 bedrooms
- 1.5 bathrooms
- Courtyard
- Garage
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The Catch
The house has been vacant for 12 years and requires significant renovation, estimated at approximately Rs. 37,916,583. Additionally, interested buyers must:
- Relocate to Saint-Amand-Montrond
- Demonstrate a genuine commitment to the town’s community
- Submit detailed renovation plans and financing information
- Outline their vision for the property in a cover letter
- Demonstrate financial capacity to undertake extensive renovations
- Commit to residing in the property for a minimum of 10 years
Selection Criteria
The town is looking for a serious candidate with a long-term plan to settle in the area. The selected buyer will receive financial assistance for renovations, but must employ local craftsmen for the work.
Timeline
- Applications opened on April 1 and will be accepted until June 15
- Property visits will commence on May 15
- The goal is to select the new homeowner by September and finalize deeds in January 2025
Previous Success
This is the second time Saint-Amand-Montrond in France has offered a house for 1 euro, following a successful program in 2021 that attracted over 90 applicants.
Are You Up for the Challenge?
If you’re willing to put in the work and make a commitment to the community, this could be an incredible opportunity to own a home in France.
Apply now and make your dreams a reality!
