we did a small article recently on an interesting opportunity
"What do you get for your Million(euros)?
Fancy becoming lord of the manor, well,actuall, owning your own village?
For a million euros you can do just that at Borgo di Aragno, a village in a mountain area of Italy where there are the equivalent of about 40 homes for sale.
The village is 8km away from the administrative capital of abruzzo: L'Aquila,. In addition, the cable car of campo imperatore (ski resort) is just 10km away and, taking the nearby motorway, you will be halfway from Rome & Pescara. The village makes an interesting sight cut into the mountains. It is also on the border of Gran Sasso national park.
The area has been identified in the town planning scheme of L'Aquila as a " residential zone to be restored" and the creation of a first-class mountain village is bound to find potential clientele both in Italy and in the international market.
The sale includes 12 natural caves in the area.
Another option is Vicoli's castle and Borgo, a hamlet of about 20 properties (two occupied),also available for a million euros.
On the southern bank of the river Nora, Vicolis ruins are a mix of old houses and a frotress. The town hall is willing to give free permission to the investor who wants to restore the old fortress for a public use, such as a hostel, art school, museum etc.
The area is half an hour's drive from Pescara'a Airport and is easy to get to from the main roads."