HomeCroatiaIn Croatia, houses are sold for 13 euro cents

In Croatia, houses are sold for 13 euro cents

The authorities of the small town of Legrad in Croatia, which has less than 2,000 inhabitants, came up with an unusual idea to attract new residents, TheMayor.EU reports.

The local municipality is offering virtually free houses to attract young families and address demographic problems in the town, located on the winding Drava River. Interestingly, the price for the house is a symbolic 13 euro cents. Interestingly, Legrad already used a similar method to attract attention and new residents in 2018.

Five move-in-ready houses have already found their owners, and three families have already successfully settled into their new homes. The answer to the question of why 13 cents per house lies in the history of currency changes. Last year, Croatia switched to the euro, abandoning the kuna. The local program “Houses for a Kuna” was transformed into “Houses for 13 Eurocents”. This number is determined by the exchange rate: 1 kuna was worth 0.13 euros.

However, to avail of this attractive offer, candidates must also meet certain requirements. They must be under 45 years of age, married or in a nonmarital partnership, have no criminal record, and not own any other property.

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