Own a house in Croatia for Rs 12 only

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Croatia (Image: Pixabay)
Croatia (Image: Pixabay)

Croatia : 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). 

According to a report by news agency Reuters, the offer has been made to attract the new residents in the town. However, there are certain terms and conditions associated to the offer before you jump into any conclusion.

Legrad, a town in northern Croatia spread over 62.62 sq km area, used to be the second-biggest population centre in the Croatian territory. However, it suffered a steady decline ever since the disintegration of the Austro-Hungarian Empire a century ago when new borders left it sidelined. “We turned into a border town with few transport connections to other places. Since then the population has been gradually falling,” said Ivan Sabolic, the town’s mayor.

Check out the details about the town below:

Legrad located north of Koprivnica and east of Ludbreg in the Koprivnica–Križevci County. The town shares its closest border with Hungary and has 2,241 inhabitants in the municipality.

The town used to have a good population in the 19th Century but as the Austro-Hungarian Empire fell down, the people started moving out from here.

According to the report, the authorities have managed to sell around 17 properties till date and most of them will require refurbishment of around 25,000 kuna (almost Rs 3 lakh). At the same time, for new residents who are looking to buy a privately-owned home, the town will cover 20 per cent of the price up to 35,000 kuna, the mayor said.

The Catch!

Following conditions must be met if you are planning to buy a house in the town:

Individuals or couples who want to buy a house in Legrad must be under the age of 40 and financially solvent.

They will have to commit to staying in Legrad for at least 15 years.

Immigration is complex in Croatia, but the town will offer newcomers employment opportunities in food production, wood processing and metal processing industries.

“It is much nicer to live in your own place than to be a tenant. Staying 15 years here is not a problem for us, we don’t plan to move,” the mayor said.