Jimbo, I think finding any Patio Villa priced around $60k would be a stretch - perhaps a foreclosure or a short sale of some sort. But even then.........
There was a foreclosed patio villa in our neighborhood that sold last year in the high one-teens. The new owner volunteered that he then put an additional $15k in it to get everything back up to snuff.........and he felt like he got a great deal. And prices have generally gone up a bit since then.
Bill