ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

California woman buys 3 Italian houses for less than the price of coffee in an incredible deal

"People were super welcoming and everyone wanted to have a coffee with me," she talked about the residents.
UPDATED OCT 4, 2024
Cover Image Source: Instagram| @rubia.daniels
Cover Image Source: Instagram| @rubia.daniels

When Rubia Daniels, a resident of California, learnt about Italy's cheap houses, she was both amazed and curious. She got so excited that she decided to go there "to see it to make sure it was true," Business Insider reported.

By the end of her 10-day trip to Mussomeli, a remote town in Sicily, her heart was brimming with joy as she had bought three homes for €1, or $1.10, each.

Daniels had moved to California over three decades ago from Brasilia, Brazil, and told the publication that these houses reminded her of her childhood home. 

"People were super welcoming and everyone wanted to have a coffee with me. The realtors embraced me like a sister — they were with me every single day through the time I was there," Daniels said.



 

A Perfect Plan to Remodel History 

The houses are beautiful but not shiny. These houses often come with a large list of requirements to make them livable. People like Rubia make the choice of investing in remodeling rather than investing in a ready-to-move home. The money one puts in has a purpose and is still relatively low compared to other countries, as reported by The Independent. 

Rubia Daniels spoke about the rich history of the town and the inhabitants that charmed her. The idea of being able to restore an abandoned building was truly her calling as it seems by her efforts. Rubia Daniel, who works in the solar industry says that this is an "environmental concept." 



 

"We need to stop building and start remodeling the existing things that we have," she told Insider. 

She gave us an insight into the different plans that she has for the new houses. Daniels is working on one of the houses to turn it into an art gallery. She plans to keep one for herself and has an elaborate plan for her third house.

"The third house, which will be my biggest project, I want to convert into a wellness center to give back to the community," she said.

The 49-year-old started rebuilding the properties towards the end of 2019 and just like all the plans that year, even this was halted by the pandemic. She has already completed two of the houses' exteriors and will start the third soon. 

Italy's Dozing Towns, Yearning For People



 

Daniels is not alone in the quest of remodeling old structures in an attempt to repopulate the small town of Italy. Italy is known for drawing people to move there, as Forbes reported, nine villages are even offering to pay people to move there, in an effort to repopulate the lands.

The beautiful region of Calabria in southern Italy is giving a handful of new residents hard cash of about $33,000 to move to one of the several charming villages.

The region of Calabria made news in the summer of 2020 when it offered homes for $1.14 in the village of Cinquefrondi. Why is Italy selling its beautiful homes for throwaway prices? Well, as a result of young Italians increasingly migrating to the city and choosing cosmopolitan jobs over the rural way of life, the beautiful landscapes of Italy are becoming abandoned with small, aging populations that are beginning to perish. 

There's Always a Flipside, Here's How To Counter it

Getty Images | Donato Fasano
Getty Images | Donato Fasano

Back in 2021, CNN reported several cases where the original owners of the houses came forward much later after the deal was sealed. They informed the buyers that they weren't informed and staked their claims on the old structures. There are several ways to counter it and end up with not one but three succesful boys like Rubia Daniel. The way to counter is lies in good research and survey. Rubia Daniels first Visited Mussomeli in spring 2019, she toured the properties with just one companion. When she returned she was in a group of eight people. Demand hints at authenticity. "Be prepared. If you find the location you want, let them know you want to sign up for the house. There are lots of people searching for these homes, and you need to be ready," Daniels advised interested buyers. 

 

This article originally appeared 1 year ago.

MORE ON MARKET REALIST
Trump warned Canada could face a 100% tariff if it signs a trade agreement with China.
2 days ago
The Secretary of Health and Human Services loves the President for giving him creative liberty.
3 days ago
CEO Brian Moynihan negated the concerns of a K-shaped economy, claiming January spending is up.
3 days ago
Howard Lutnick claimed the U.S. GDP could grow by 6% in the first quarter, thanks to the tariffs.
3 days ago
When Harvey heard how much KC was willing to spend on his anniversary dinner, he was shocked.
3 days ago
The December retail report and the bond market have undermined expectations of strong growth.
4 days ago
Citing Trump's four engines of growth, Peter Navarro says non-inflationary growth is coming.
4 days ago
Economists argue that a disruption in the supply chain could cause a pandemic-like effect in automotive industry
4 days ago
CEO Scott Boatwright had to clarify his alleged focus on the $100K club customers after backlash
4 days ago
Steve Rattner argues that the tariffs have hurt the U.S. but not slowed down the Chinese economy.
4 days ago
While the White House is parading the hefty tax returns, the political payoff may be disappointing
5 days ago
Governor Mike DeWine cautioned that the sales tax could go up to 20% to make up for the lost revenue
5 days ago
Trump reportedly muzzled Consumer Financial Protection Bureau, costing Americans billions in relief
5 days ago
Harvey issued a stern warning to the contestants, once the burn kicked in.
5 days ago
Minute Maid’s existing frozen concentrate range comes in many exciting flavors such as orange juice, lemonade, and more.
Feb 7, 2026
The room burst into laughter as soon as the prize was revealed.
Feb 7, 2026
The Treasury Department has also doubled the standard deduction, impacting 90% of taxpayers.
Feb 7, 2026
Harvey couldn't believe some of the answers that the Peele family came up with.
Feb 7, 2026
Even host Ryan Seacrest admitted the puzzle was tricky to solve with the given letters.
Feb 7, 2026
The bill in Oklahoma will reportedly affect thousands, including children entitled to the benefits.
Feb 6, 2026