The town of Penne is one of the latest to get in on the scheme. Penne, located in Italy's central region of Abruzzo, started its program in 2022, but recently announced that it is gearing up to offer ...

The properties currently up for grabs vary in size, with up to three floors and between 750 to 1,300 square feet. Some of the buildings even date back to medieval times.

The historic town of Penne, in the Abruzzo region, will release even more homes for less than the price of a coffee. Penne started selling its abandoned homes for the rock bottom price in 2022.