In this country, you can buy your home for only ₹ 100, Indians can also apply!

France 1 Euro Home Scheme

If you are dreaming of settling in a calm, beautiful and historical place abroad, then this offer of France is no less than a golden opportunity for you. Actually, the beautiful city Ambert, located in the Puy-de-DOME region of Central France, is now giving people home in only 1 euro but, there is a condition. According to the condition, you have to renovate these houses and stay here for a long time.

Why is the house selling a house in just 1 euro?

Ambert, which is located about 134 kilometers west of Lyon, is a quiet city with a population of about 6,500. But in the last few years, the population here is decreasing rapidly. In many mohallas, more than 60% houses are lying vacant. Now the local government of the city has prepared a 5 -year planning to make it alive again and attract new residents.

Under this scheme, houses are being sold in 1 euro, so that people can do buses, business and public places like schools can be re -populated. The special thing is that due to this initiative, the number of children in some schools has already started increasing.

The house will have to get rinovat

The more attractive to listen to this offer, the more responsibility for it is as big. According to a report by Forbes, those who buy these houses will have to renovate them completely. That is, from the outer walls of the house to the inner texture, everything will have to be made new and it will have to be prepared according to modern living standards.

Based on similar schemes going on in Italy, it is estimated that a house repair may cost around € 20,000 to € 50,000 (about 18 to 45 lakh rupees). Apart from this, buyers are required to start repair work within the stipulated time and fulfill it according to local rules.

Who can apply for this house?

Foreign citizens as well as foreign people can apply for this scheme. But there are some conditions for this, which is necessary to fulfill.

  1. It is mandatory to stay at home for at least 3 years. The aim of this is that people should not buy a house and take it with the intention of selling it, but really become a part of that area.
  2. French language is not necessary to come, but if you can communicate with local contractors, shopkeepers and officials then the work will be easy.
  3. The application process can be done from the town hall of AmberT.

Government support will also be available

To make this scheme more practical, the local administration is also providing low-interest loan and renovation grants. This will provide financial relief to buyers and repair of homes will also be of high quality.

Let me tell you that Amberrt comes in the region of France which is called Diagonale Du Video i.e. Empty Diagonal. This area has been seeing a decline in population for a long time, but in culture, heritage and natural beauty it is no less than any major city. Ambert is very famous for its medieval architecture and tradition of making cheese. If you want to live a slow speed, community-centric life, then AmberT can be a perfect place for you.

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