Italy is giving away over 100 castles for free – there’s only one catch

http://www.cnbc.com/2017/05/18/italy-is-giving-away-over-100-castles-f
BYKaren Gilchrist
Thursday, 18 May 2017 | 4:35 AM ET

Italy is giving away more than 100 historic castles, farmhouses and monasteries for free in an effort to breathe new life into its disused public buildings.

Under a new scheme unveiled by the country's government run State Property Agency, 103 ancient buildings will be up for grabs to entrepreneurs who promise to transform the locations into tourist destinations.

The disused properties are situated along eight historic routes running the breadth of the country and the nearby islands of Sicily and Sardinia. It is hoped that the initiative will create a series of new facilities for the hundreds of hikers, cyclists and pilgrims who use the routes each year.

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