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An Italian village is selling homes for $1.25 so it doesn't become a ghost town

The Italian town of Ollolai is selling 200 homes for €1 ($1.25) in an effort to lure new residents. The village's population has declined significantly in the last 50 years. New owners must renovate the homes within three years, which will cost approximately $25,000. Ollolai's mayor hopes that the strategy will help preserve the town's traditions. On the Mediterranean island of Sardinia, the old village of Ollolai is at risk of turning into a ghost town.
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