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Fancy owning your own town? Australia’s smallest settlement is on the market for €243,000

With just two residents, a four-bed roadhouse and an unofficial mayor’s job description that includes running the post office and pouring pints, the outback town of Cooladdi is searching for new owners willing to embrace an unconventional way of life. Fancy becoming mayor, postmaster, publican and motel manager all at once? An entire Australian town – complete with a pub, restaurant, motel and general store – has hit the market for less than the price of many homes in Europe.

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My wife and I are 61. We have $2.2 million and $5,000 in Social Security benefits. Do we claim early?

“We need our assets and income to support us for the next 25 years.”