Applicants will receive between €10,000 and €30,000 to buy a house in a mountain town. Buying a house in rural Tuscany is on many people’s bucket list, but real estate in the region is notoriously expensive. If you act quickly, however, this new offer could make the dream affordable.
Tuscany’s regional authorities have announced they will pay people up to €30,000 to relocate to mountain towns with dwindling populations. Here’s what the scheme involves and who is eligible to apply. Across , rural towns and villages are experiencing a population crisis.
As residents move to cities for better opportunities, small communities are left with swathes of abandoned houses and stagnant economies. Recently, local councils have come up with various inventive solutions for boosting their resident numbers including . In Tuscany, authorities have opted to pay people to take up residency in struggling communities.
With the new scheme, called 'Residency in the mountains 2024', applicants will receive between €10,000 and €30,000 to buy a house. It must, however, be in a town with fewer than 5,000 inhabitants - of which there are 119 in Tuscany. In addition, the financial contribution cannot exceed 50 per cent of the cost of the purchase and renovation of the property.
The Tuscan mountains are "territories of unique beauty with to be rediscovered which, however, suffer from depopulation,” Stefania Saccardi, Tuscany’s regional vice president, said. “Deciding to live in one .
