You can buy a house with one-euro in this Italian town

Like the many other towns making such an offer, Cinquefrondi has suffered from depopulation as younger generations have left in search of work. Italy currently has 5,800 villages with fewer than 5,000 inhabitants each, all at risk of becoming ghost towns. As well as bringing new life to the town, mayor Conio hopes investors will beautify the currently crumbling parts of the historic town.