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alifornia resident Lorrah Minton has discovered a lucrative real estate opportunity in Italy, where she purchased a stunning 3,000-square-foot home with six bedrooms and two kitchens for just €57,000 (approximately $62,200). After a complete renovation costing around €70,000 total, the property is now a remarkable deal. In comparison, Minton's primary residence in California, valued at $504,000, is half the size at 1,500 square feet and has only three bedrooms.

    Minton plans to spend most of her time at her Italian home and rent out her California house for an additional income stream. She also intends to buy a second property with her brother for €31,000, which she will rent out, and is considering purchasing a third house with her sister to generate more income through short-term rentals.

    With rental income from both Italy and California, Minton expects to live comfortably off her investments, allowing her to retire in about two years. Her experience highlights the potential of Italian real estate as a goldmine for investors, offering affordable prices and opportunities for significant returns on investment.