What Do You Get the Person Who Has Everything? Perhaps a German Village for Less Than $150,000
Looking for a gift for the world traveler who has everything? If cost isn't an issue and they're longing for a quiet country home, Fortune reports that an entire village in East Germany is up for sale. The tiny hamlet of Alwine, in Germany's Brandenburg region, is going up for auction on Saturday, December 9. Opening bids begin at $147,230.
Alwine has around one dozen buildings and 20 full-time residents, most of them elderly. It was once owned by a neighboring coal plant, which shut down in 1991, soon after East Germany reunited with West Germany. Many residents left after that. Between 1990 and 2015, the regional population fell by 15 percent, according to The Local.
In 2000, a private investor purchased the decaying hamlet for just one Deutsche Mark (the currency used before the euro). But its decline continued, and now it's up for grabs once more—this time around, for a much-higher price.
Andreas Claus, the mayor of the district surrounding Alwine, wasn't informed of the village's sale until he heard about it in the news, according to The Local. While no local residents plan to purchase their hometown, Claus says he's open to fostering dialogue with the buyer, with hopes of eventually revitalizing the local community.