Zungoli's €1 Village: Is Investing In Campania's Property Worth It? Part 1 Of 2 | BradsWorld.It
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- Опубліковано 28 вер 2024
- Join us as we delve into the intriguing world of €1 houses in Campania, Italy, with a special focus on Zungoli. Discover the reality behind these seemingly too-good-to-be-true deals and understand the cost of bringing these properties back to life. Please Visit this Website to get more information: bradsworld.it/
We explore the picturesque village of Zungoli, weighing the pros and cons of investing in these bargain homes. Are these €1 houses a dream come true or a potential nightmare? We'll take you through the streets of Zungoli, giving you a firsthand look at the properties and sharing insights on the Italian real estate market.
Whether you're an investor or simply curious about Italy's unique housing deals, this video offers valuable perspectives on the challenges and opportunities of the €1 house phenomenon in Italy.
This video is about Zungoli's €1 Village: Is Investing In Campania's Property Worth It? Part 1 Of 2. But It also covers the following topics:
Campania €1 Houses
Zungoli Village Lifestyle
Affordable Italian Homes
Video Title: Zungoli's €1 Village: Is Investing In Campania's Property Worth It? Part 1 Of 2 | BradsWorld.It
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Totally agree with your assessment of some of these one Euro homes. That being said, I do hope someone comes along to do the work to save these little towns. In another decade, they’ll be crumbled to the ground.
Yes. It’s sad. There are some that are salvageable. I think the money and labor and input could be better spent. You hope that someone will come along and take these and fix them up, but do you wish that on someone when they can buy a nice house in same area for half the price? Maybe time to make hard decisions and find a better use for that land. 🤷🏼♂️
Greetings from Olympia WA USA 👋 your doggy is adorable how Cuteee 🥰 he is just sitting on the seat looking at you while your talking lol😀 very sweet
Wait till you really meet his alter ego King Kona! 😬
Brad €1 houses are just a symbolic figure. You arent going to pay €1 and thats it!. And yes most of these houses you can get them fairly cheap, but to make them livable you have to pay a ton of money, plus all the aggravation, and delays, in order to make it worthwhile. Now changing subjects, charlie is an incredibly attentive and smart dog ( the genes of the 2nd smartest dog in the world ) when you were driving and explaining stuff he was looking straight at you, and paying attention as he fully understood everything you were saying! 😂 so adorable. My daughter wants a dog for Christmas and i am trying to convince her to focus on breeds that are crossed with a poodle because of their high inteligence, low shedding, and some times hypoallergenic hair. I hope she will listen thought.
No duh lol. You shouldn’t expect a move in ready house with no fees or bills for a euro lol
These videos are excelent
Entertaining informative warts and all appraisal of outstanding italian beauty
Thanks! I appreciate the shout out!
You are absolutely correct, if I buy something, I want it move in ready!! Especially depending on your age you just don’t wanna fool with stuff at later, part of your life, you wanna enjoy your time in Italy, not get frustrated, trying to refurbish a house in a different language, with who knows what sort of laws and things can change while you’re in the middle of a project as well. Who knows. I love your advices!
Thanks!
And I don’t mean to be down on when your houses, I’m sure there’s some that you can make work out. My point has always been it limits your locations where you can be drastically. There’s good deals all over Italy!
Zarni's looks like the Italian equivalent of Bucee's! 1-euro houses are like free puppies or kittens.
Without the Beaver Nuggets! 🤪
interesting video - Question - what are the trades like if you buy one of these fixer uppers?
It is a shame. Zungoli could be really charming.
You need to tell us the time of day. 🕰️ this matters in the south. Is it siesta time forse? ❤
It was around 11 am there. It was cold and a bit rainy. But it was pretty much shut down. Only a few businesses anyway, but the one place still had snow on tables from the previous day and it was the only retail business I saw in the Centro Storico.
Well that’s a shame. Beautiful town. Maybe if a bunch of us buy we can bring it back!
We love Charlie and we say follow his instincts 😂😀😀
Brad thank you so much for showing us this town. In your voice do I hear northern Indiana? I was born in Gary. Just curious. Non vedo l’ora di abitare in italia
No Indiana... Just a mix of Growing up in Texas and 25 Years in California both north and south, and then moving back to Texas for another 10 years
We are west of Katy but originally midwesterners 😂
I just love Charlie. He clearly is devoted to his Papa. So lovely to see. Greetings from Australia.
He’s my shadow! 🤓
Real estate 101, location, location, location! Buy someone else's overly improved project in a great location.
A great comment to go with my 7am coffee! There is a video dropping tonight about a double apartment deal for sale in Arce south of Rome that is probably selling for less than the cost to have remodeled it! 🤔. €129.000 for two apartments. 🤯
Brad, this was another great informative video and enlightens those people that are considering buying a $1 home as if it would be a real bargain. This type of purchase can in fact become a complete and total disaster if one does not have the trade connections and experience doing this previously in country. After a lot of reading and watching informative series on purchasing property in Italy, I'm of the opinion that the vast majority of the time one would be way ahead of the game if they just purchase something that has had all the work done previously. For me it's an easy decision... Lastly, many of these towns that have these places for sale are doing so due to so many people leaving. I would need to live in a place that at least had a heartbeat with people and life. Thanks again for what you do for it's a terrific service.
Thank you. Couldn’t have said it better myself.!
Some people want a project and challenges to learn and grow. Some people don't! It all depends on what you are looking for!
And I am ALL for that! I learned Italian (still trying!) at 55, moved to Italy and started doing business.
I just worry about people buying stuff that will be a loser. Get your adventure and growth and still protect yourself. 😬🥳
Nice to know that Google Maps is weird in all countries.
Twice it tried to get me stuck in impossibly narrow streets. Had to tuck in side mirrors and drive on BOTH sidewalks! 😵💫
Brad thanks for the tour. Sad that it’s a tired little town. Definitely needs some upside. Hey with your visa did you buy a car, lease or bite the bullet and rent from an agency? Thanks in advance!
Before I even had my Visa I had an accountant form a SRL. That’s like an American LLC. This particular type of SRL can not conduct business but is allowed to hold assets. The SRL owns the car and you own the SRL…
It cost me about €900 to have the SRL set up. It’s a one time set up and there’s no yearly tax reporting requirement since it conducts no business and has no income.
When you insure the car, you’ll need to get a commercial policy. It’s more expensive, but the upside is anybody with a valid drivers license from any country can drive the car and it’s automatically insured. The other upside to the commercial policy is that everything is covered. I was in a crazy hail storm that virtually destroyed, my SUV and my insurance policy covered everything including a rental car for a month, new windshield, and about €7000 worth of bodywork because I had over 150 large dents in the car! My policy for a late model Mercedes SUV is €2300/yr.
I think you’ll need to be here over 100 days a year to make it worthwhile to buy something at. You can find a very solid car here for less than €10,000. Try Subito.it (Think Craigslist) and search cars.
@@BradsWorld Brad, thank you for taking the time to answer my question in length. Brilliant!
So, if I understand, an SRL can be a work around for owning a car even though one does not have a residency visa?@@BradsWorld
Your videos are so informative and useful. Thank you for doing these!
Your welcome!!
Thank you 🙏I agree with your philosophy. Why buy a total redo? There are too many unknowns and when you are done will you want to live there and what is resale potential?
AirBNB possibilities.. probably not 🌺
Zero resale. That house for €12.000 in great condition is proof of that…
I think people buying here, especially at this price point should have the mindset that what they’re buying is a place to be safe and live for the rest of their lives if they wish. It’s not a money investment.
How much would it cost to make a shell of a €1 house into something lovable? €1000/m2 minimum? Makes that house you mentioned near Montepulciano seem cheap at 65m2 for 47k. Plus the garden etc in a much better location.
Yep. Exactly my point! Headline price seems so cheap but it’s the buildout that kills you…
Oh forgot to answer question. €1000-1300/MQ for remodeling in this condition. Buy the €12000 move in ready place! 🙏
What's driving the high cost? Materials or labor?
@@beaumac From talking to Italian friends it's both. Materials prices went crazy post-pandemic; and as everything stopped for a year there's a backlog of work so contractors can be choosy. Good contractors in their town are booked up until late 2024. (Btw, I realise your comment was meant for Brad, but I got a reply notification due to the daft way YT works; Brad won't get a notification unless you tag him.)