It was also possible to buy land in Sweden for 1 krona (less than 20 cents) some time ago. This article tells what happened (in Swedish): https://www.livetiskaraborg.se/berattelser/tomter-for-1-kron...

Summary, they only sold 6 and 20 remain unsold. Most people are not serious about it because they learn they have to build a house and live in it within 2 years of the purchase (if I remember correctly).

I believe Australia also has done this for ages to try and avoid country towns dying, with mixed success.