Skip the 1 Euro Home in Favor of Turnkey

The internet has been buzzing about 1-Euro homes in Italy and other parts of Europe. Most recently, Penne, Italy joined the list to offer an affordable dream. The idea of owning a quaint property in a picturesque village for less than the price of a cappuccino is certainly enticing. But is it too good to be true?

While these 1-Euro homes may seem like the ultimate bargain, the reality is more complicated. In many cases, buying a completed home—despite the higher price tag—can actually be the smarter move.

Let’s break down 6 reasons why a completed home often wins.

1. It’s Move-In Ready

You can skip the waiting game. A completed home is ready to go—no need to worry about structural repairs, utility hookups, or whether the roof will hold through winter.

2. Predictable Costs

With a finished home, you know your budget upfront. There are fewer unexpected expenses lurking around the corner (like replacing the foundation... or discovering a hidden mold problem).

3. Easier Financing

Banks and lenders prefer financing properties that are habitable and have clear, established value. That’s not the case with crumbling ruins in remote villages.

4. Good Infrastructure

Completed homes are usually located in areas with solid infrastructure—public transport, healthcare, shops, schools, internet... all the essentials for daily life.

5. Legal Peace of Mind

You’re less likely to encounter red tape, disputes over property lines, or complicated historical ownership issues when buying a home that’s already been through the legal process.

6. Community & Convenience

Buying in a lively, well-developed area means you’re joining a functioning community.