Italy is giving away more than 100 historic buildings – including castles, houses, and towers – in a bid to boost ‘slow tourism’ and tempt visitors away from the overcrowded city centers. To get your hands on the sites, you need to have a clear plan of how they’d be transformed into a tourist facility. Successful applicants will get the rights to the property for nine years, with the option to renew the contract for a further nine. And entrepreneurs with a proposal for turning the sites into a tourist facility could be given a 50-year lease in some cases.
It cost $20 million to evict the last four tenants of a Manhattan apartment building to renovate it. The last tenant was so stubborn and savvy that he received $17 million of the money, plus use of a $2 million condo for life.
A Chinese family refused to sell their house to the government to build a highway, so the government road was built right up to their walls.
There are two houses in Florida that share a backyard fence, but the shortest driving route between them takes 20 minutes and traverses more than 7 miles.
Six months after building a $680,000 custom house with an ocean view, the homeowners found out it was built on the wrong lot.
Rather than building up, millionaires in central London are building down, creating mega-basements. Nicknamed “iceberg homes” because there’s more square footage under the ground than above.
A guy implied he was going to build a 480 ft skyscraper but labeled all the plans as 480″. Then he had it built 40′ tall as per the plans, pocketed the investment money and won in court because he didn’t technically defraud anyone.
A man in Michigan whose house was slated for demolition switched the house numbers with his neighbor so the crew demolished the wrong house.
Blockbusting is a business practice used by real estate brokers to buy a house in a white neighborhood, rent it to a black family, and buy the rest of the neighborhood at a discounted price after urging nervous white families to leave the neighborhood.
Number 4 is considered an unlucky number in China because it is nearly homophonous to the word “death” (pinyin sǐ). In a study of five years’ worth of real estate sales in the greater Vancouver area, researchers found that houses in Chinese neighborhoods with an address containing a 4 sold for an average of $8,000 less than their luckier counterparts.