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

Top Travel Destinations Where You Can Buy A House For $1; Conditions Apply

From Tokyo and Chicago, all houses that come at this price will need complete renovation. 
UPDATED JAN 22, 2024
Cover Image Source: Pexels | Lukas Kloeppel
Cover Image Source: Pexels | Lukas Kloeppel

A lot of us set different goals that we want to achieve by a certain age. One investment that tops everybody's list is buying their dream home. While real estate comes with the pressure of EMIs, there are other ways to buy homes at cheaper rates. Sometimes governments also give away houses for throwaway prices in efforts to revitalize economy.

Here's a list of such locations where you can get a home for $1!

Tokyo, Japan



 

In Tokyo, there exists a handful of houses for less than a dollar in today's day and age. You might be able to score a decent property in the heart of Greater Tokyo. Keep in mind that all houses that come at this price will need complete renovation. 

Japanese Countryside



 

There are plenty of vacant areas in the Japanese countryside and you can get a house for less than a dollar, some are even free. 

Toronto, Canada



 

Recently, a three-bedroom apartment was listed on the market for $1.

Rustic Village of Bivona, Sicily



 

A number of homes in this region are available for sale. Italy has been trying to repopulate its sleepy villages and Bivona is no exception.

Downtown Detroit, USA



 

The recession has hurt Detroit badly. In the US, there's an official dollar home program under which homes are available across cities for a dollar, with a condition that buyers pick up the renovation costs.

Buffalo, New York



 

You can buy a one-dollar home by participating in Buffalo's Urban Homestead Program, which allows everyone to move in right away. 

Sambuca, Italy Countryside



 

You can choose to live a European dream as long as you are up for some heavy renovation work, as per CNN. 

Missouri, USA



 

Yes, you can now buy your dream home in St.louis for just a dollar all thanks to the US government's one dollar program. 

Ollolai, Italy



 

Italy will feature in these listicles again and again and this time it's the rural living in Ollolai that they are selling. 

Liverpool, England



 

People could buy the house for a pound here and use their own money and resources to bring it back to life as part of an agreement with the local council. Since 2018, over 20 homes have been listed for sale and a dozen more are planned, as per Daily Mail.

Gary, Indiana, USA



 

Gary is a laid-back city in Indiana and a perfect place to start a new life. However, as per Business Insider, the government expects you to renovate the house within one year of its purchase. 

Antikythera, Greece



 

This island in Greece is giving out free homes and they will even give you $20000 to renovate the house. There's a catch, the remote island is only inhabited by scientists and researchers and has about 4 families, as per Irish Times.

Ponga Village, Spain



 

The Spanish government, worried over de-population, wants to combat the issue by getting people to settle there.

Roubaix, France



 

One of the poorest cities in France, Roubaix is rich in terms of its heritage. You can buy a house for only a dollar, if you are willing to move into the house with your entire family and live there for at least 6 years, as per The Local.

Chicago, USA



 

According to Chicago Tribune, the place is definitely offering houses for just $1. There are many houses ready to be claimed in Chicago and all you have to do is fill out the application and wait for your turn to come. 

A Castle Is On Sale!



 

Here's your chance to live your fairytale life. Italy government's tourism program is willing to give out castles to anyone for free considering they can bring as many visitors as they can. According to CNBC, there are over 100 castles, ready to be claimed. Once proven worthy, the castle will be transferred to your name.

MORE ON MARKET REALIST
Despite getting a high auction estimate, the owner of the Meiji Period lamp chose to keep it.
2 hours ago
The player, Gabriel Berkowitz pulled off a perfect night winning over $45,000 and a car.
3 hours ago
Harvey showed no mercy after he found out that Sweet Lou Dunbar didn't know how apps work.
7 hours ago
The founder of Plop Star made an unforgettable entry and a sad exit from the show.
1 day ago
The host is otherwise quick to reprimand families for backing absurd answers.
1 day ago
While the Marvel comic book fetched a $50,000 appraisal, Harrison felt it was too rich for him.
1 day ago
Jimmy Alexander became the first player to lose a brand-new car on season 43 of the show.
2 days ago
The contestant, Brianne Peterson got extremely unlucky with her letter picks for the final puzzle.
2 days ago
The guest was told that the Jasper Johns Flag Print wouldn't be valuable but it was worth thousands.
2 days ago
It didn’t help that Alvin Rosales was playfully scolded by the host just before losing the Bonus Round.
3 days ago
The photos featured some looks of the show's legendary former host, Alex Trebek, as well.
3 days ago
The player, Kate Stuntz, pulled off a miraculous win to take home over $68,000 and a trip to Iceland.
3 days ago
The owner couldn’t believe the value of Jane Peterson’s "The Floats" gouache painting.
4 days ago
The player, Callie DeWeese, failed to choose the right letters in the Bonus Round, leading to her loss.
4 days ago
The personal digs at the host have been relentless on the show by producers and players.
4 days ago
The guest had no idea how valuable her grandfathers Dutch tinware coffee pot was.
5 days ago
It wasn't one of Steve Harvey's jokes that cracked Bridget up so bad.
5 days ago
Fans now won't be able to stream more than five most recent episodes of the new season.
5 days ago
Despite the questionable morality of CATE App, Neal Desai managed to partner with two Sharks.
6 days ago
A supplier of Costco's Dubai Styled chocolate issued a notice regarding misinformation of allergens.
6 days ago