A couple bought an Italian townhouse at an auction with a starting bid of one euro (US$1.10) and has managed to transform it into a stunning $250,000 Renaissance-style palazzo.
The council in Sambuca di Sicilia auctioned 16 abandoned homes in the sun-drenched mountain village of Sicilia with prices starting at a symbolic one euro.
In January 2019, Massoud Ahmadi, 70, and his wife Shelley, 60, who hail from rural Montgomery County, Maryland, near Washington, D.C., bought an abandoned 18th-century townhouse for just $10,500.
“When I first arrived I really liked the village. It’s a beautiful small village. I love the baroque architecture of the buildings and I liked the location,” Massoud said….