John and Sharon Russell are marketing a four-bedroom apartment in the central Italian town of Mercatello for $40,000.
The modern apartment in the small town on the border of the Tuscany, Umbria and Marche regions is reached in a couple of hours by car from Bologna or Florence airports and – and is 90-second walk to the local bar.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
