{"id":853431,"date":"2026-08-13T05:50:09","date_gmt":"2026-08-13T05:50:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/853431\/"},"modified":"2026-08-13T05:50:09","modified_gmt":"2026-08-13T05:50:09","slug":"four-aussie-mates-buy-1-63-home-in-italy-to-escape-house-prices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/853431\/","title":{"rendered":"Four Aussie mates buy $1.63 home in Italy to escape house prices"},"content":{"rendered":"<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Four young Aussie mates sick of sky-high house prices have ditched Australia and snapped up a home in Italy for just $1.63.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Best mates Miles, Ricky, Jack and Riley have walked away from the grim reality of trying to buy in Australia, instead taking a chance on a crumbling \u20ac1 property in Sicily.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Their bold move has already struck a nerve online, with the group\u2019s renovation journey pulling more than 11 million views across 16 Instagram videos and helping them build a following of nearly 300,000 since launching the account late last month.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWe are four best mates from Australia who got fed up with house prices. We thought there must be a better way,\u201d they said in one viral post.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cWe jumped on a plane to Italy to find out if you could really get a house for \u20ac1.\u201d<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">MORE NEWS<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realestate.com.au\/news\/family-who-sold-everything-for-caravan-life-reveal-why-they-will-never-return\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=the_advertiser&amp;campaignPlacement=article\" target=\"_blank\" title=\"www.realestate.com.au\" rel=\"noopener nofollow\">The wild family gamble that changed everything<\/a><\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realestate.com.au\/news\/thirdworld-bleak-photo-shames-booming-aus-suburb\/?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=newscomau&amp;campaignPlacement=realestatemodule\" target=\"_blank\" title=\"www.realestate.com.au\" rel=\"noopener nofollow\">\u2018Third-world\u2019: Bleak photo shames booming suburb<\/a><\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\"><a href=\"https:\/\/www.realcommercial.com.au\/news\/bunnings-shopper-with-towbar-sparks-disbelief-loading-car-with-turf?campaignType=external&amp;campaignChannel=syndication&amp;campaignName=ncacont&amp;campaignContent=&amp;campaignSource=the_advertiser&amp;campaignPlacement=realestatemodule\" target=\"_blank\" title=\"www.realcommercial.com.au\" rel=\"noopener nofollow\">Driver baffles with bizarre Bunnings car load<\/a><\/p>\n<p><img fetchpriority=\"high\" class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post-1154200 wp-image-1154194\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1154194\" data-public-id=\"news-lifestyle-content-assets\/wp-content\/production\/capi_2d88cc69825ee23c00879aec0dcae123_88e8992f7c1ed15fd67a055a48de73b5_1154194d9af7.jpeg\" data-capiid=\"88e8992f7c1ed15fd67a055a48de73b5\" data-format=\"jpeg\" data-transformations=\"\" data-version=\"1786576963\" data-responsive=\"1\" width=\"768\" height=\"1024\"  src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 768 1024&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1154194\" class=\"wp-caption-text\">Four Aussie mates quit Australia for a regional town in Italy. Photo: Instagram\/theoneeurodream<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Turns out they could \u2013 but what they found was a long way from a dream home.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">After hiring a car and inspecting properties across Sicily and the mainland, the four friends came face-to-face with a string of rundown houses in shocking condition.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Some had giant holes in the floors, serious structural damage and no electricity or water connection.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThe roof is completely collapsed in. There are dead pigeons and a lot of shit,\u201d Ricky said while inspecting one property.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cThe oven looks pretty good though \u2026 This is bad.\u201d<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post-1154200 wp-image-1154195\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1154195\" data-public-id=\"news-lifestyle-content-assets\/wp-content\/production\/capi_2d88cc69825ee23c00879aec0dcae123_2ed716e5b5bec6ded4734a88d0f685b0_11541956613a.jpeg\" data-capiid=\"2ed716e5b5bec6ded4734a88d0f685b0\" data-format=\"jpeg\" data-transformations=\"\" data-version=\"1786576958\" data-responsive=\"1\" width=\"768\" height=\"1024\"  src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 768 1024&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1154195\" class=\"wp-caption-text\">Best mates Miles, Ricky, Jack and Riley are renovating a home in Sicily, which they purchased for just $1.63. Photo: Instagram\/theoneeurodream<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The homes are part of Italy\u2019s well-known \u20ac1 house scheme, which has been rolled out in a number of regional towns trying to reverse population decline and bring abandoned buildings back into use.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Many of the properties are unwanted inheritances, with families choosing to offload them rather than continue paying taxes and upkeep on homes they no longer want.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">It was in Salemi, a town in Sicily, where the group finally found the house they decided to buy.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">\u201cSome of us are tradies, some are not \u2026 We might be crazy. But we are going to have some fun,\u201d they said.<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post-1154200 wp-image-1154196\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1154196\" data-public-id=\"news-lifestyle-content-assets\/wp-content\/production\/capi_2d88cc69825ee23c00879aec0dcae123_b1dbbb2fe38e7b4db83aa5972a473756_11541964f0a8.jpeg\" data-capiid=\"b1dbbb2fe38e7b4db83aa5972a473756\" data-format=\"jpeg\" data-transformations=\"\" data-version=\"1786576947\" data-responsive=\"1\" width=\"768\" height=\"1024\"  src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 768 1024&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1154196\" class=\"wp-caption-text\">They certainly have their work cut out for them. Photo: Instagram\/theoneeurodream<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">But while the \u20ac1 price tag makes headlines, the real challenge starts after the sale.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The friends have already hit a series of setbacks during the early stages of the renovation, including a delivery truck that couldn\u2019t fit through the town\u2019s narrow streets and a mistaken order for a tonne of the wrong sand.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">That has left them doing much of the heavy lifting themselves as they race to finish the job.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">They\u2019ve set themselves a three-month deadline to renovate the property while documenting every win and disaster along the way for their growing audience.<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post-1154200 wp-image-1154197\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1154197\" data-public-id=\"news-lifestyle-content-assets\/wp-content\/production\/capi_2d88cc69825ee23c00879aec0dcae123_3692a966445cad1e05e3c4ddbd1669d2.jpeg\" data-capiid=\"3692a966445cad1e05e3c4ddbd1669d2\" data-format=\"jpeg\" data-transformations=\"\" data-version=\"1786576944\" data-responsive=\"1\" width=\"768\" height=\"1024\"  src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 768 1024&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1154197\" class=\"wp-caption-text\">But how good is the view? Photo: Instagram\/theoneeurodream<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">They\u2019re not the first Australians to be lured by the promise of cheap homes in Italy.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Earlier this year, Brisbane couple Sophie Bouali and her husband Adam made headlines after buying an Italian home for less than the cost of a ute.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The pair bought a three-level property near Tuscany for \u20ac55,000, about $90,000, in late 2023 and now plan to sell their Queensland home.<\/p>\n<p><img class=\"styles__StyledImage-sc-17n6uwl-1 hlcJVa size-full wp-post-1154200 wp-image-1154198\" loading=\"eager\" decoding=\"async\" aria-describedby=\"caption-attachment-1154198\" data-public-id=\"news-lifestyle-content-assets\/wp-content\/production\/capi_2d88cc69825ee23c00879aec0dcae123_21ab04474cdb2305054d077fb56e20c5_1154198a89b7.jpeg\" data-capiid=\"21ab04474cdb2305054d077fb56e20c5\" data-format=\"jpeg\" data-transformations=\"\" data-version=\"1786576951\" data-responsive=\"1\" width=\"768\" height=\"1024\"  src=\"data:image\/svg+xml,%3Csvg xmlns=&quot;http:\/\/www.w3.org\/2000\/svg&quot; viewBox=&quot;0 0 768 1024&quot;%3E%3C\/svg%3E\"  alt=\"\"\/><\/p>\n<p id=\"caption-attachment-1154198\" class=\"wp-caption-text\">Many of the abandoned houses are unwanted inheritances. Photo: Instagram\/theoneeurodream<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">Unlike many low-cost overseas listings, their place was move-in ready and featured terrazzo floors and exposed timber beams, avoiding the need for major structural repairs.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The couple also found that living costs in regional Italian towns can be about 30 per cent lower than in Australia, making a mortgage-free lifestyle far more achievable.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">The four Aussie mates haven\u2019t yet revealed the full cost of their Sicilian renovation beyond the initial \u20ac1 purchase.<\/p>\n<p class=\"Text__Typography-sc-1103tao-0 bjGYxJ StyledP-sc-cebixd-0 bzEerj\">But their story is already tapping into a growing frustration among Australians who feel home ownership at home is slipping further out of reach.<\/p>\n","protected":false},"excerpt":{"rendered":"Four young Aussie mates sick of sky-high house prices have ditched Australia and snapped up a home in&hellip;\n","protected":false},"author":2,"featured_media":853432,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[43,44,41,39,42,40],"class_list":["post-853431","post","type-post","status-publish","format-standard","has-post-thumbnail","category-headlines","tag-headlines","tag-news","tag-top-news","tag-top-stories","tag-topnews","tag-topstories"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/853431","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=853431"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/853431\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/853432"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=853431"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=853431"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=853431"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}