It's now her dream home.
Meredith’s €1 house before she renovated it A woman who took a chance on buying a home for just €1 in Italy spent thousands to transform it into her €450,000 dream home. Meredith Tabbone, 45, decided to bid on a one euro house on a ‘whim’, after her friend sent her an article about the scheme. The European house scheme means people across the world can buy homes for a single euro , which is a far cry from the £724,780 average sold price for a property in London according to Zoopla.
After being told she got the €1 home in May 2019, she also bought the house next door for €31,700 in a private sale and knocked through to create a four bedroom, five bathroom home in August 2020. She then spent €450,000 over the next five years creating her dream holiday home, decked out with an outdoor kitchen , spa and outdoor party room. The homeowner spent £661 to remove the roof of the €1 home, which was only 750 square feet.
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