International Real Estate: A House in Italy for $22,000

Today's Financial News - Posted May 30, 2008

“Yes, I know it is hard to believe, but you really can buy a village house in Europe for 14,000 euro ($22,000).” — Steenie Harvey

by Steenie Harvey

Baltimore – (TFN): I am here in Cancun, Mexico, at IL’s Ultimate Event, showing attendees how to find international real estate’s best property bargains. During my talk about Italian village homes at prices that just seem too good to be true, I got a few suspicious looks from the attendees.

“Yes, I know it is hard to believe” I said to one attendee during a coffee break, “but you really can buy a village house in Europe for 14,000 euro ($22,000).”

Now, please don’t accuse me of being clinically insane. I can also assure you this house isn’t in some chilly, wolf-ridden outpost known only to its half dozen inhabitants. The property is in a hill village–one with a 12th century castle–in southern Italy. Enjoying blazing summers and mild winters, around 6,500 people live here. The region where you’ll find it also has a spectacularly rugged coastline of cliffs and small sandy coves. Pompeii is within 90 minutes’ drive.

Apart from saying it’s somewhere south of Naples, I’m not about to pinpoint the village’s location. You see, I’m saving the full story and contact details for attendees at the event. Today, Leigh Fergus (IL’s Europe Editor) and I are hosting a workshop entitled “The Property Bargain Secrets of Italy’s Affordable South,” where we will reveal the best areas to find the bargains like these. Read on to learn more.

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