'I bought a derelict 'one euro' house in Italy - now it's a dream home'

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'I bought a derelict 'one euro' house in Italy - now it's a dream home'
Belgique Dernières Nouvelles,Belgique Actualités
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'I bought an abandoned 'one euro' house in Italy and transformed it into a dream home'

A woman who bought an abandoned house in Italy for just £4,400 has transformed it into a dream home - and it's now worth £250,000. Meredith Tabbone, 43, bought the run-down property on a whim after hearing councils in rural Sicily were auctioning off derelict houses with a one euro starting bid to help regenerate the village.

Since then, she has bought two guest houses in the same village for £28,000 in total, and a disused building for £58,000, which she's turning into a gallery and café. “When we first saw the house - it was 750 square feet, it had no electricity, running water or windows - and it was thick with asbestos.

“We’ve also installed an upper terrace, lower terrace, spa and wine cellar - as well as a fireplace and a pizza oven.” In January 2019 - one year into applying for her Italian citizenship - Meredith read an article about people bidding on one-euro houses in Italy.She found out she had won it in May 2019 and started work a month later. In August 2020, she bought the home next door via a private sale.

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Belgique Dernières Nouvelles, Belgique Actualités

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