Overview
Instead of renting an apartment for their vacation, rich European holiday-goers are now renting or buying entire villages. Villages like Engelberg, Deidesheim, Goldegg and Mariazell are also being hired by companies for business retreats and meeting, while others are allowing buyers to name street corners, use restaurants and bars as a local meeting place or even a hideout for the night.
In Italy, the small medieval village of Valle Piola was for recently on the market for US$782,040, roughly the same price as a 2 or 3-bedroom flat in Sydney. Further north, Liechtenstein put itself up for rent with a $70,000/night price tag, which also includes its 30,000 residents. Snoop Dogg reportedly tried to rent the country for a music video but was turned away.
[Via Born Rich]