Calling all lovers of wacky projects, rural adventures, and hefty renovations: Ambert is handing you the keys! This charming little town in the southeast of France, nestled between mountains and cheese factories (the famous fourme d’Ambert, ring a bell?) and less than 2 hours from Lyon, has just launched a bold and budget-friendly initiative: selling houses for the astonishing price of… 1 euro. Yes, you read that right, one euro – less than an espresso on a sunny terrace.
Inspired by similar programs in various Italian villages, the city is trying to breathe new life into a neighborhood where nearly 60% of the housing is vacant. The goal: to stop the demographic decline, revitalize local life, and attract new families ready to invest in the long term. And it seems to be working: a new class has already emerged in the local school, and the chamber of commerce is getting a makeover to become a future public space by 2026.
A golden opportunity... that requires effort
But before you throw everything away to trade your Lyon apartment for an old building in Auvergne, here's a little advice: read the fine print carefully. Because behind this unbeatable price lies a real challenge. The houses offered really need some love, plaster, wiring, tiles… in short, a good hefty renovation. Additionally, only future full-time residents can apply – so secondary residences are out! The lucky chosen ones will need to commit to living in their home for at least three years and provide a solid renovation plan. Otherwise, watch out for penalties!
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In summary: one euro, one dream… but also a few liters of sweat, a well-planned renovation budget, and a good dose of motivation. Are you in?