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Tuscan village of Pratariccia put up for sale on eBay

The 800-year-old uninhabited hamlet is the rolling hills has a list price of $3.2M

With a list price of 2.5 million Euros (about $3.2 million CAD), the idyllic Italian hilltop hamlet of Pratariccia is set in rolling hills, but is also described as being "in need of restoration."

While the town is only about 40 km from Florence and the Telegraph writes there is potential for a lucrative luxury holiday development, many of the abandoned house look like they are about to collapse and have weeds growing out of them.

"It's a unique once in a lifetime opportunity to own your very own Tuscan hamlet - and the price is a complete bargain," said Carlo Magni, who is handling the sale, to the Telegraph. "Where else would you get all those building, land, panoramic view, plus the history for 2.5 million euro."

The price has been reduced by half.

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The village is currently owned by an undisclosed monastic order and was put up for the online auction by the estate's agent LPQ Immobiliare. The Telegraph reports the company has received a "number of interesting bids", although two have fallen through.

People lived in the town until the 1960s, but then the elderly people started to die and the younger generation moved away.

"It's a wonderful hamlet with beautiful view across the Tuscan countryside but it could do with some work," said Luca Santini, the mayor of the closest inhabited town, to the Telegraph. "If someone with the money to spare invested in the village and rebuilt it they would have a fantastic development."

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Small towns have been sold before. In April, an unidentified buyer from Vietnam purchased the town of Buford, Wyoming for $900,000. It had a population of one - Don Sammons. Sommons moved there with his wife in 1980 and purchased the town in 1992, six years after his wife died. The 61-year-old Sammons decided to sell the town and move in with his son in Colorado. For the buyer, he said in a Reuters article, "Owning a piece of property in the U.S. has been my dream."

Pray, Montana, population eight, was also up on the market this past spring. It had a list price of $1.4 million.

(eBay photo)