. >> reporter: francesco migliazzo is the mayor of gangi. he tells me that the same things that make his town so picturesque, from its narrow streets to its isolation from noisy cities, have also made it inconvenient for locals, who've been steadily leaving in search of work in those noisy cities since after world war ii. sicily and across italy, there are thousands of towns like it,isking extinction in the coming decades. the mayor says gangi was desperate. >> ( translated ): homes were being abandoned, and left to we needed a way toncentivize people to live in the historic center in order to save our wn. so we started selling homes for only one euro. >> reporter: so hold on. you can buy a house in this town for onlyne euro? >> absolutely. for the price of a cup of >> reporter: sound good to to see for myself, meet ignazio tuzzolo, a retired banker who bought a vaon home for less money than he'll spend repainting hisirrors. >> i've got to get a smaller car. >> repter: so this is it? wow. this is amazing. bellissimo. of course, he didn't fin