Though the country has been somewhat battling overtourism over the last couple of years, with authorities introducing schemes such as the Venice tourist tax and caps at popular attractions, Italy is pretty darn keen for people to move there.
Over the last couple of years, some of the country’s smaller towns and villages have been offering homebuyers the chance to cop a property for as little as €1, in an effort to boost dwindling populations. But the gorgeous region of Trentino, in Italy’s north, is trying something a little different.
It brags vineyards, ski slopes, beautiful lakes and proximity to the Dolomites, and if that sounds like a bit of you, you could be given a whopping €100,000 (around £83,595) to move there.
Thirty-three towns are being considered for this project, and €10 million has been allocated across two years by the Trento council to finance the scheme. President of Trento Maurizio Fugatti said the ‘experimental action’ is to ‘strengthen social cohesion in the Trentino area’, according to the Independent.
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But, there is a catch. The €100k is hardly a one-off payment to finance you galivanting around the region – instead, it must be put towards renovating an abandoned house in the area. Specifically, €20k is to help you purchase your property, and €80k is for the works.
Oh, and there’s the small fact that you need to live in the property for a minimum of 10 years (or rent it out at a ‘moderate’ rate) to avoid having to repay the grant.
On top of that, if you already live in the region and are 45 years old or younger, you are not allowed to apply. There’s also a cap of €200k on renovations in total, so owners are prohibited from spending more than €120k of their own cash on the works.
But if those requirements suit you fine, why not get involved? Keep an eye on this page for updates on how. And before you go, check out the best towns and villages in Italy right here.
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