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Published 18:08 4 Feb 2018 GMT
Updated 16:41 6 Sept 2018 BST
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The mayor, Efisio Arbau, wanted to inject more life into the community and invited people to purchase one of 200 stone houses for just €1.
However, there are strings attached - buyers will have to have between €20,000 to €30,000 to make the stone house inhabitable, as many of them are in varying states of repair.
The property will also have to be refurbished within three years and you can only sell the house after five years.
However, the demand has been so high, that the government have put a deadline onto the scheme.
Now, anyone interested in buying a stone house in Ollolai will have to submit an application by February 7.
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