Houses for 1 euro in France are the same popular type of real estate sale as in Italy. But there are far fewer houses for sale. All because the French authorities have achieved an amazing birth rate and even the country Sweden, Ireland and Denmark cannot boast such good performance as France. All this affects the fact that abandoned houses in 2023 in French cities are not as large as in Italy.
But still, we have some very interesting information for you!
What is known about houses for 1 euro in France?
Among the popular projects for the sale of the House for a symbolic 1 euro in France is the city of Roubaix. (Wiki). Roubaix launched this social project in the north of France in 2018. The program was successful and it is known that in 2023 the authorities are thinking about continuing the program, but there is no additional information yet. A total of 13 people are known to have benefited from this project. More information on the official website of the project.
But in short, the acceptance of applications for buying a house for 1 euro was held from May 2018. 74 applications were submitted, of which only 36 met the criteria. In June 2018, the candidates were ranked. As of September 2018, 13 houses have been allocated. Between February and July 2019, 11 sales contracts were signed. The device’s website also mentions that “67% of buyers are French citizens and 33% from other countries (Algeria, Morocco, Senegal and China).
How much does it cost to renovate a home for 1 euro in France?
Repair costs ranged from 43,000 to 179,000 euros, to which must be added the symbolic euro needed to purchase the house and land.
It’s also good that buyers had access to the ANAH subsidy program. The program helped cover the costs. This subsidy is from the French state that improves living conditions in France, in particular through assistance and subsidies from the National Housing Agency. Among other things, this program offers subsidies to improve the energy efficiency of the building. To find out about current programs in Italy, see our article.
Saint-Amand-Montrond city, Cher department, home for 1 euro
This project was carried out in 2021.The owner of the property was previously the municipality of Saint-Amand-Montrond, which at the end of 2021 published an offer to buy a house for a symbolic 1 euro as part of the operation for the revitalization of the territory (ORT). Then more than ninety people called or wrote to the town hall. Participants were from all over France and even the Netherlands, Sweden, Algeria. Of course, the winner was 35-year-old Lisette Parotte. Official website of the city.
House in Toire for a symbolic 1 euro
This medieval town in the north of Des Sevres already had houses for sale in 2018 for… €1. Objective: to combat desertification of the city center located in the countryside. Shown here are closed shutters and properties for sale, most in need of refurbishment. Tuar, a city of 9,200, has lost a lot of its population in four decades.
Real estate here is inexpensive, but offers of houses for 1 euro also periodically appear. If you are interested in a house for 1 euro in Italy, you can look at our book.