Sunday, April 17, 2011

For sale: entire medieval Italian village for £485,000

But for anyone tired of Britain's crippling property prices and inclement weather, £485,000 will buy the historic village of Valle Piola, which is surrounded by wild and mountainous terrain in the heart of one of the country's biggest national parks.

Italy is littered with abandoned hill villages but Valle Piola is a particular gem, consisting of 11 crumbling stone buildings, including a half-ruined 13th century church and two shepherds' houses. It lies in the middle of the Gran Sasso national park in the central Abruzzo region, an area that has been severely depopulated by a decline in sheep farming.

The settlement was first mentioned in records in 1059 and some of the houses have distinctively-shaped wooden balconies believed to have been influenced by Lombard invaders from Italy's north.

Click here to read this article from the Telegraph