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
Harvey was waiting for a long time for someone to give that answer.
22 hours ago
All the guest could say was, "I am never going to be able to talk to my wife again."
2 days ago
The TikTok creator claimed that the brand is trying to gain attention, but some viewers disagree.
2 days ago
Harris made a last ditch attempt for the 'Holy Grail' item but it didn't go as he expected it to.
2 days ago
Jay Tope, who lost $75,000 earlier in the week, redeemed himself while playing with the star.
3 days ago
While the question was direct, the entrepreneurs kept beating around the bush.
3 days ago
Fans are posting videos of the game that they discovered at Costco retail stores.
3 days ago
Catherine also got some help from her mother who was sitting in the studio audience.
4 days ago
As David walked up to the host, Carey immediately noticed his clothes and said, "What a great shirt!"
4 days ago
Even the fans agreed that the answer to the puzzle was just too random for someone to guess.
4 days ago
The winner and the model astonished the audience and the host Drew Carey.
4 days ago
Even the show's expert was amazed to see the sculpture that was created by a famous painter.
5 days ago
Debra won the game "Master Key" which tests both the player's pricing skills and luck.
5 days ago
While Mr Wonderful wanted to close the deal quickly, the founder of Flipstik was hesitant.
5 days ago
The contestant had arrived with a t-shirt that had a request for a ride home and he got it.
6 days ago
Apart from the venture, the boy goes to school while his father is in medical sales.
6 days ago
The appraiser kept adding to the guest's astonishment by telling her how the basket's value could go up.
6 days ago
The duo got a little carried away leaving the host, Ryan Seacrest on the sidelines.
6 days ago
While many succumb to the pressure, a few elite contestants like Helen pull off stunning wins.
7 days ago
The player was also joined by her family on the stage and they came together for a group hug.
Apr 11, 2025