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Economy

The hidden cost of buying a historic ruin

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Snagging a historic European castle for a staggeringly low price seems like a fairy tale until the heritage committee shows up. The real estate market for historical ruins is a trap; buyers are legally bound to preserve the crumbling stones using authentic, astronomically expensive medieval masonry techniques. You aren't buying a home; you are funding a museum.

The hidden cost of buying a historic ruin
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