European Castles for Sale at Rock-Bottom Prices
My latest piece on Demotix.
Times may never have been better for commoners eager to purchase a piece of nobility. Business website Real Deal reports that in Hungary alone there are some 300 castles, mansions and country estates currently listed in the marketplace — many at prices far below those of apartments in European capitals.In fact some are selling for as low as $20,000, according to the Hungarian financial daily Napi Gazdasag.
However, before you collect the keys to your new fairy-tale home, you may want to buy several gallons of paint, a few rakes, and the services of a skilled worker or two.
Most of the castles for sale are in such a state of disrepair that the renovation and maintenance costs are likely to far exceed – often exponentially – the price of the property itself.
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