House and house prices are falling in many countries around the world, but the rate of decline is between 5 and 15 percent in many of them.
But officials in a city in the Italian island of Sicily, trying to revive this shrinking city because of declining population, have resorted to the difficult choice and vital decisions to keep it, and the spirit of it.
Among the most important decisions of the officials in the Sicilian mountain town of Sambuca, with Arab-Islamic heritage, offer houses and apartments for sale with a minimum of one euro.
Many of the city's apartments and apartments have spectacular views over the shores of the Mediterranean island, meaning buyers can get a cheaper home or apartment than the price of a cup of coffee.
According to city officials, the population has declined significantly due to population migration to large cities on the island and within Italy in general.
Not only that, but the purchase of the apartment is easy and very easy and also direct, according to the newspaper "Guardian" British.
"Unlike what other cities offer at reduced prices for advertising purposes, what we are offering in this city is real and the price is not more than one euro," said the city's deputy mayor and tourism adviser Giuseppe Casioppo.
He added that the municipality is not an intermediary between old and new owners, but owns these houses and apartments. "If you want this house, it is for you immediately," he said.
However, there is a requirement that the new owner must renew his apartment or house within 3 years at a price starting from 15,000 euros and will need to deposit 5,000 euros as a security deposit, which can be restored upon completion of the renovation work.
The city is known as the "city of splendor" and overlooks the Mediterranean Sea and is located in a mountainous area within a natural reserve area, characterized by calm and peace and distance from noise, according to Kashiobo.
"We do not want to lose our beautiful Arab heritage in the city," he said.
The streets of the city tend to be reddish-pink and dotted with squares, palm gardens and arched entrances, and you can see the volcano Etna when the sky is clear.