And the village comes with the house

An entire village is for sale in Italy.

Valle Piola Village in the Abruzzo region, Italy.

Maybe a picturesque stone farmhouse in the Italian countryside is your dream second home.

But why settle for just one?

An entire village is for sale in the Abruzzo region of central Italy. Valle Piola dates to the 11th century and includes 11 crumbling stone buildings, including a 13th-century church.

The price tag is €550,000 (Dh2.9 million), which may be a bargain, depending on your perspective.

Valle Piola sits at 3,000 feet in the remote ApennineMountains, in the middle of the Gran Sasso National Park, and is accessible only by a dirt road. The nearest airports are in Ancona, Perugia and Pescara.

The village has reportedly been abandoned for 30 years. The region was once well known for sheep farming, but fell on hard times. Many other small villages in the region are also deserted, leaving the type of settings that grace many Italian postcards.

Valle Piola covers 3,800 square metres and features "indescribable peace and panoramic views toward hills, mountains and valleys covered by large forests", the listing notes. Several of the remaining houses feature the type of distinct wooden balconies that were once imported by invaders from Lombard, according to press reports.

The village is owned by a local council and an elderly citizen, who say they can no longer afford to maintain it and prevent it from damage by vandals.

The property needs work, they acknowledge, but they have not offered an estimate of how much it will cost to make the property livable.

"It will be up to the buyer to come up with a plan," Daniele Palumbi, the mayor of the nearby town of Torricella Sicura, told TheDaily Telegraph.

One possible plan would be to convert the property into the type of hotel known in Italy as an albergo diffuso, which feature guest rooms spread around a village. Several old villages in Italy have been converted into these "scattered hotels", including the town of Santo Stefano, near Valle Piola.

The village has attracted interest from Italian investors, Ms Palumbi said.