Own a Dream “Fixer Upper” in Europe

Have you ever dreamed of living in a medieval villa in Italy?

How about a French cottage in a grassy glade…or a majestic chateau built by a prince?

In hidden corners across Europe, you can find countless bargain properties just waiting to be rescued. I’m talking old, beautiful, and often quite substantial homes which are crying out to be restored to their former glory.

Pricewise, it’s possible to find a house in Italy, France, Spain, or Greece for less than the cost of a new car. Some of the best bang-for-buck is in bigger properties, grand country homes in need of some recovery.

I’ve seen historic homes for under $50,000 that come with valuable but overlooked architectural features like frescoes, exposed oak beams, and expansive courtyards.

If you’re willing to take on some of the restoration work, then you have a huge range of properties to choose from. You really can own something incredible for a shockingly good value.

Of course, this isn’t for everyone. Renovating a property in a foreign country is not for the faint of heart or anyone who can’t make the time commitment. Personally, if I were seeking a historic home, I’d cut out the hassle by finding motivated seller who has already put in the hard renovation work.

But there are financial reasons why you might want to do the renovation yourself, or at least hire someone to do it.

For instance, if you have acquired residency in France, there are a number of tax benefits to restoring a historic home or improving a home’s energy efficiency.

Italy recently went one better and launched a substantial new tax credit for home renovations that’s available to foreign owners as well as residents.

Dubbed “Superbonus,” the tax credit covers 110% of the costs of energy efficiency and structural seismic improvements of Italian properties. Effectively, this allows you to make significant upgrades to old Italian homes for free.

However, there’s a short time limit on it. Conceived to give a boost to the Italian economy following the unprecedented shock of the pandemic, the Superbonus will only be applicable to expenses incurred before December 31, 2021.

That’s why today I want to share some European “fixer uppers”—with a focus on Italy. Properties that require a lot of attention, but that could make a dream home for the right owner.

Nucetto, Piedmont, Italy
Listing Price: €40.000 ($47,600)

This fixer-upper is listed for just $47,600.

Located in a small village, about 56 miles southeast of Turin, this historic home is set out over 3 floors and has 2,900 square feet of living space. A lot of house for under $50k…and lots of potential.

The first floor was used as a tavern and the upper floors house the living quarters. There are 4 bedrooms, 2 bathrooms, a kitchen, living room, and there’s a large veranda and a covered veranda on the top floor. It features beautiful vaulted ceilings in the tavern and hallway. There’s also a large cellar and a large private garden outside.

Bagnone, Tuscany, Italy
Listing Price: €55.000 ($66,905)

As one of the most sought-after Italian regions, Tuscany doesn’t have as many historic houses still in need of restoration as you’ll find elsewhere.

That’s why I was excited to come across this former stone mill in Bagnone a picturesque village perched in the Tuscan Apennines.

The property is available for just $66,800. The building currently has two-bedrooms and one-bathroom and heaps of character. There’s also a kitchen, dining room, and living area that are all habitable but need updating.

Outside, there’s a stone courtyard that has direct access to the river and has views of the surrounding countryside.

La Croix-sur-Gartempe, Limousin, France
Listing Price: €48,600 ($59,120)

This French country home in need of renovation is available for just $59,120.

Set in a peaceful hamlet in the Limousin region of France, this two-bedroom is in need of a lot of work, but it has had some work done by a previous owner—a new roof was installed in 2009 and a new bathroom.

It has a large kitchen/dining room with an antique wood burning stove, a sitting room, and an elegant wooden staircase leads to the upper floor. There is also room for a study and the attic could be converted into another bedroom.

The property comes with an adjoined stone barn (also in need of renovation) that gives options for expansion. It comes with a garden and two pieces of land totalling three-quarters of an acre about 500 feet from the property.

Have you ever dreamed of living in a medieval villa in Italy?

How about a French cottage in a grassy glade…or a majestic chateau built by a prince?

In hidden corners across Europe, you can find countless bargain properties just waiting to be rescued. I’m talking old, beautiful, and often quite substantial homes which are crying out to be restored to their former glory.

Pricewise, it’s possible to find a house in Italy, France, Spain, or Greece for less than the cost of a new car. Some of the best bang-for-buck is in bigger properties, grand country homes in need of some recovery.

If you’re willing to take on some of the restoration work, then you have a huge range of properties to choose from. You really can own something incredible for a shockingly good value.

Here are some European “fixer uppers”—with a focus on Italy. Properties that require a lot of attention, but that could make a dream home for the right owner.

Sign up to International Living Postcards now, and discover the 5 best places to buy real estate in 2022 (for fun and profit). Enter your email address in the box below and click “Sign me up now” to claim your FREE report.

No-spam pledge: We value your privacy. You can unsubscribe at any time.

Sign up to International Living Postcards now, and discover The Best Places in the World to Buy Real Estate 2023. Enter your email address in the box below and click “Sign me up now” to claim your FREE report.

No-spam pledge: We value your privacy. You can unsubscribe at any time.

Overseas Dream Home on Social Media

Subscribe on Youtube

Follow us on Instagram

Transparency is important to us. So you should know that properties and development projects detailed in Your Overseas Dream Home may be clients of Pangaea Ltd, trading as Pangea, a real estate advertising company whose adverts appear in International Living Publishing Ltd publications. Should you purchase a property from one of the real estate developers, real estate agents or property owners you read about, Pangea may receive an advertising fee from those real estate developers, real estate agents or property owners mentioned and International Living Publishing Ltd., along with certain marketing companies who contract directly with Pangea, may receive a portion of that fee.

Pangea also shares in these alerts some real estate listings and content sourced from third parties that may be of interest to readers. Pangea and International Living have not carried out any due diligence or legal checks on these properties. You should not act on, or refrain from acting on, the basis of any content or any listings without first seeking legal or other professional advice. We always recommend strongly that buyers perform their own complete due diligence. We always recommend the use of a qualified legal professional to help with any real estate transaction.

Where our alerts contain links to other sites and resources provided by third parties, these links are provided for your information only. Such links should not be interpreted as approval by Pangea nor International Living of those linked websites or information you may obtain from them. Neither Pangea nor International Living are responsible for the privacy practices or the content of such web sites. Nothing in this e-mail should be considered personalized advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular situation. No communication by our employees to you should be deemed as personalized advice.