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Forget A House - Want To Buy A Town?

Posted by Ashworth College on Mar 1, 2012 12:29:21 PM

If it's a challenge for real estate agents to sell a house, imagine what it would take to sell an entire town.  In the south of France, a villiage called Courbefy has been put up on the auction block.  The previous owners ran it as a luxury resort and restaurant, but they failed to pay their mortgage.  When no one bid on the village, it was put up for auction.  The bank that now owns it is asking for the equivalent of $400,000 - for a town!

 

The people who are interested are coming from all parts of the world and they all want very different things.  Among those who are considering the property: a band of former college friends who always promised to live in a commune together, a group of retirees looking for a place to settle down, people interested in setting up a center for the handicapped, others scouting locations for a film set and studio.

 

Would you buy a town?

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