Legrad Municipality in Northern Croatia Selling Property for One Kuna

Lauren Simmonds

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Remember those little towns in Italy that would pop up in articles and ads every now and then selling houses for a mere one euro? It seems that the small, entirely overlooked Legrad Municipality in Northern Croatia is following the Italian example – selling houses for just one kuna.

As Novac writes on the 21st of February, 2020, the little Legrad Municipality just north of Koprivnica has launched a tender for the sale of real estate it owns. These are plots of land without anything built on them, as well as plots of land with houses on them, nineteen of which are owned by the Municipality of Legrad, and the starting prices range from just over 5,000 kuna to up to 100,000 kuna.

However, all of these properties/parcels of land can be obtained at a price of just one kuna if the applicant meets the requirements of the tender at hand.

The Legrad Municipality decided that you’re free to buy a house or a plot of land for a mere one kuna if you’re under forty years of age, have at least a university degree and are a resident of the Municipality of Legrad, or if you are not, then you must register your residence within the municipality within three years. Likewise, at least one of the applicants, spouses or life partners must have a permanent income, local portal Podravski writes.

There are other conditions that must be met in order to buy real estate for a single kuna. The details of this particular tender are all readily available on the website of the Legrad Municipality and is valid until the end of this month.

”All those who aren’t eligible for the preferential purchase can buy real estate at the quoted prices and the highest bid will be selected. However, as part of measures to improve the demographic picture of our municipality, it is possible to get real estate at the price of one kuna. But, that also includes some conditions, and the most important of all is that people who buy this property in it plan to live and stay in our municipality,” said Ivan Sabolic of the Legrad Municipality.

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