Questions & Answers

Frequently Asked Questions

The most important thing for me is to make this competition as open and transparent as possible. I have listed some common questions and answers below, but if there is something more you’d like to know, then please get in touch by email and I will answer any questions you may have. If they’re legal ones, I might send the question to my lawyer for answering.

When will the draw take place?

The closing date for entries will be on 1st September 2021, at 12pm midday GMT+2. Once all the tickets have been sold, we will have the drawing of the winning tickets. Winners will be chosen at random by an independent person. We will notify the winners immediately. The draw will be filmed live and be posted to the internet, with a Notary in attendance. It will take place within one week of the closing date.

Who can enter the Competition?

Anyone can enter.

How many tickets are there?

There is a maximum of 6,500 entries.

Why does the ticket cost E50 (Euros)?

For the low price of E50 Euros, you can win your own 5 bedroom, 5 bathroom, three-storied house in a beautiful medieval village in Italy, with all costs paid for that are associated with the property on transfer of ownership (see Terms and Conditions). 

Why a Competition?

A competition is a fantastic way to win, not buy your own Italian house.

Economics

Does the house have good rental potential?

Yes it most certainly does. Depending on the accommodation options pointed out above, there are several ways to rent the property. Summer and winter seasons are popular in the area. I haven’t been through the rental process but other places for rent in Bugnara are generally full during the summer months plus quite a few coming for winter skiing.

How much does the house cost to run per year?

Approximately E1000 per year standing charges. You will obviously pay for what utilities you use on top of that. A friend has a business in this area who would help pay bills and house cleaning and changeovers, if you decided to go down the path of B&B and renting and you weren’t living here yourself.

Are there any ownership requirements?

In order to own a house in Italy, you will need a Codice Fiscale (tax code), which is easy to obtain through any lawyer and which we could arrange for you. Everyone in Italy has one and you will use it for everything from opening bank accounts, buying a SIM card, purchasing a vehicle etc. You will also need a valid passport. 

What is the process of actually owning a house in Italy?

Unlike some countries, in Italy the buyer and seller meet together with the Notary to read the Deeds and make any changes and sign the paperwork, all in a couple of hours. The Notary will already have the paperwork for the house and will not transfer the Deed of Ownership unless everything is legally in order. During this process, if necessary, a translator will be on hand to make sure both parties are happy, then the signing will take place and the winner becomes the new owner. The Notary will then register the property in the new owners name.

If for some reason, the winner is unable to attend the signing, a lawyer will be appointed to fill out a Power of Attorney who will then take possession of the house in the new owners name then either post the keys or hold them in trust until such a time as the new owner can travel to Italy. This can be determined after the draw and the winner has been established.

About the area

What are the neighbours like?

Whereas in some countries, we don’t even know our neighbours, here in Italy, socialising is a way of life. If you are open and friendly, they will be the same back and there are many willing to lend a hand. During the summer months, the village swells with expats who own holiday homes here, so there’s always someone to talk to. Not many of the locals speak English but I’ve found you can always get by with hand gestures and there are many Italian language courses happening in the area.

Does it snow in the village?

In 2004 we had nearly two meters of snow, but generally we get around 10cm two or three times during the winter. In Italy, during winter, it’s the law to drive with snow tires and to carry chains in your car at all times, in case needed.

What is the climate like?

There are still four distinct seasons in this area, my favourite being spring with the blossoms and fields of red poppies. The summers are hot but as the walls of the house are very thick so its not oppressive. The winter gets cold but with dry air, not damp.

What does the village have to offer?

The village itself is small but there are two grocery stores, two bars, a Post Office, a hairdressers and a chemist. The nearest large town with many supermarkets is Sulmona, approximately 8 minutes away by car.

What activities are in the area?

You will never be bored here as there is so much to do. There are endless hiking and cycling tracks, also horse riding, castles and hill top villages to explore. The beach is about 50 minutes away and skiing about ½ hour. Rome is 1 ½ hours by car but you can also do day trips by train or bus. There are of course the many festivals and restaurants in the area.

About the house

Is the house furnished?

Most of the furniture will be moving with me. Some Italians when moving disemble their kitchens as well, but I will be leaving both of them in tact including white ware.

What condition is the house in?

Some renovations were done 10 years ago when I first bought the place ie putting all the electrical cables and wiring inside the walls instead of having them hanging along the inside walls. Minor things have been done over the years, mostly maintenance such as plastering and painting. Generally the house is in good solid shape. The house has central heating throughout.

Does the house have WIFI?

Yes and there is an excellent connection in this area. The monthly charges for WIFI is E23.

How do you get here?

Pescara airport is 50 minutes away and Ciampino and Fumicino is 1 1/2 to 2 hours, Fumicino being a bit further. You could either hire a car at the airport or from both Rome airports you can either get the train or Prontobus. The Prontobus is an excellent service that needs to be booked beforehand by website or agent but comes to a village near here, Pratola Peligna, so you’d have to know someone to pick you up. I could put you in touch with a taxi service if necessary but would have to be organised before arriving. If you are staying for any length of time, you really need a car as public transport isn’t that great. Having your own car you can then fully appreciate what the area has to offer.