The city is famous for its “green gold” olive oil.
A city in southern Italy offers up to 30,000 euros to those who want to move there.
Presicce-Acquarica is grappling with a demographic decline and a growing number of abandoned houses.
To attract new homeowners, the city promised grants to people who buy a home and register as city residents.
Here’s what you need to know if you’re interested in buying a property in this lovely town.
How to get paid to move to Italy
Presicce-Acquarica – a municipality comprising the two cities of Presicce and Acquarica del Capo – is located at the southern end of the Puglia region.
Like many small towns, it has suffered from a shrinking population as residents have moved to cities in search of better job opportunities.
Last year, the city council launched a program to attract new homeowners generous cash incentives.
The details of the project are still being finalized, but applications will soon be available on the city hall website.
To be eligible to apply, individuals or families must move your official residence in the town in southern Italy.
They are also required to invest in a home built before 1991, which represents about 30% of the city’s properties.
The cost of the purchase will be covered by the contribution granted by the Municipality. Financial aid can also be used to cover renovation costs.
A maximum of €30,000 is available potential homeowners.
The municipality also offers incentives to help combat the city’s aging population. After just 60 births compared to 150 deaths last year, the municipality will grant 1,000 euros for each newborn.
Live in one of the most beautiful villages in Italy
Located in the area known as Salento, Presicce-Acquarica is designated as one of the most beautiful in Italy beautiful villages.
The streets of the historic center are lined with elaborate Baroque palaces and the main square is graced by a richly decorated church.
The surrounding countryside is full of olive groves and the high quality oil produced by these trees has earned the city the nickname “city of green gold”.
The turquoise waters of the Ionian Sea and the coastal towns of Gallipoli and Santa Maria di Leuca are just a short drive away.
Image:Getty Images
