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The local Swiss council in charge of the Ticino border properties between Italy and Switzerland has cooked up a plan that will allow investors to buy a small property in a Monti Sciaga hamlet in Ticino, Switzerland.
Many have signified interest in purchasing the nine (9) settlements up for grabs at a symbolic price of only US1.00 or its Euro equivalent. However, acquiring a property will eventually cost them more, as the offer includes a commitment from the buyer to renovate the rustic stone house, in accordance with local laws. Still, it is an offer worth taking, since plumbing will not be an issue as the hamlet is hooked to the main water supply.
Moreover, the Monti Sciaga hamlet, which is just 70 miles away from Milan, offers picturesque views of Lake Maggiore and the Val Veddasca.
Still, finalization of the local council’s proposed plan is subject to approval of the local building authorities, which the council expects to secure by fall of this year.
According to the local Italian news website “The Local,” the local council is seeking to revive the far-flung hamlet, where the original structures and traditional architectural elements still exist despite having been nearly abandoned since the 1970s.
The proposed plan includes constructing a resting hut to entice hikers and cyclists who can also breathe back life to the area. That is in addition to selling the properties for US1.00 or its EU equivalent, to investors who will see to the complete renovation of the original structure built on the property acquired.
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