Of course, we couldn't let Meredith go without sharing her top tips for taking on a project like this and she had some excellent words of wisdom to share: "Jump in and don’t wait for everything to be perfect or well defined, or you will never get started," she said. "This is how we approached the renovation. Room by room, wall by wall, floor by floor, very carefully figuring out the pieces of the puzzle to make my home beautiful, comfortable and functional."

If you're feeling inspired by Meredith's amazing story, then head to the official website of Sambuca di Sicilia and check out all their homes currently for sale. The price has gone up though, to €3 ($3.20.)

Liked this? Click the Like button above. And click the Follow button above for more great stories from loveMONEY

How one woman bought a $1 property in Italy – and turned it into her dream home