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Like Italy’s cheap property program, the community has launched the scheme to bolster its desperate demographic deficit.

In some parts of Europe, governments allow people to purchase abandoned homes in typically remote locations for as little as $1. Dispatches Europe reported that the reason for this initiative is that...

Towns and villages across Europe are stemming falling rural populations by enticing people to move there through a mixture of houses sold for as little as €1 ($1.50), bargain rent and cash handouts.

A little town in Northern Croatia is trying to bring back its lost population as the authorities are believed to be selling the abandoned houses for one Kuna (approximately Rs 12).

In a strange development, a town in northern Croatia, Legrad, is selling its abandoned houses for one kuna, which is 11.83 in Indian rupees. This is because of a drastic fall in the population of the town.  Legrad was once the second-biggest population centre in Croatian territory. However, the population rate was deeply affected after the disintegration of the Austro-Hungarian Empire a century ago. This was also when new borders left it sidelined.