Italy Is Offering Historic Buildings for Free: How to Get One

| May 23, 2017

Are you ready to own your “surreal estate” in Italy and start a business?

In the past it was lighthouses. Now Italy’s State Property Agency (Agenzia del Demanio) along with the Ministry of Cultural Heritage are giving away 103 abandoned historic sites all over the country. This means masserias, small railway stations, castles, monasteries, roadman’s houses and towers located along pilgrimage routes or cycling paths. Why? To promote and support “slow tourism”.

A call for bids will be published this summer and these buildings will be entrusted with free concession (9 + 9 years) to companies, cooperatives and associations predominantly made up of people under the age of 40. But people who develop a project of concrete restoration which will bring visitors to the area could be given a 50 year lease. They can be transformed into tourist facilities, such as hostels, hotels, food courts, etc. The deadline for applications is June 26.

This will bring new life and tourism to locations that are off the beaten path, considering Italy is more than just Rome, Venice or Florence, but it also boasts many undiscovered destinations worth visiting.

If you don’t have the necessary requirements, don’t worry! On our portal you’ll have the chance to find and buy many unique solutions the traditional way. Start here:


1. 18th century church in Porto San Giorgio (Marche)

Asking price: € 250,000

This former private chapel of great architectural value dates back to the 1700s and is wonderfully located in a secluded area in Porto San Giorgio, just a few kilometres from the Adriatic coastline and its lovely beaches.
It is in need of total restoration and could be converted into a three-bedroom home.
The property comes with a large garden and olive grove.

2. Delightful stone mill in Lucinasco (Liguria)

Asking price: € 275,000 neg.

Romantic stone mill perfectly situated in a quiet area enjoying complete privacy and close to a natural pool represented by a small river. It enjoys open fantastic views of the valley and surrounding villages.
The property boasts barrel vaults and a wide plot of land with olive and fruit trees, grapevines and other Mediterranean plants such as rosemary and oleander.

3. Fairy tale castle in Panicale (Umbria)

Asking price: € 990,000

The prestigious castle of Panicale overlooks the Umbrian hills and lake Trasimeno and rises just a few kms away from Tuscany.
Its origins go back to the 15th century and it has always been home to noble families.
Renovated in 2006, it retains its original charm and it would be ideal to start a business.

4. Ancient farmhouse in Carovigno (Puglia)

Asking price: € 169,000

Magnificent ancient farmhouse to be restored and situated a few kms away from the marvellous beaches of Puglia with its crystal clear waters.
The property is immersed in greenery and olive trees and still maintains its beautiful characteristic features.
Quiet location close to the wonderful hilltop town of Carovigno whose historic centre has preserved its medieval structure.

5. Marvellous house-tower in Volterra (Tuscany)

Asking price: € 340,000

Superb house-tower whose origins date back to the 19th century but finely restored and nestled in a well-kept garden. From its dominant position it guards the surrounding Tuscan rolling hills and the Etruscan village of Volterra whose magic town centre can be reached in 5 minutes.
It has Tuscan features, such as terracotta floors and chestnust beams and is ideal as primary residence or second home, but also as an investment.
Perfect location halfway between Florence, Siena and Pisa.




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