The city is famous for its “green gold” olive oil.
Last year, a southern Italian city launched a program offering people to pay up to 30,000 euros 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.
The program is now closed to applicants, but here’s how it worked.
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.
In order to apply, individuals or families had to do so move your official residence in the town in southern Italy.
They also had 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. The financial aid could also be used to cover the costs of renovation work.
A maximum of 30,000 euros was available potential homeowners.
The municipality also offered incentives to help combat the city’s aging population. After just 60 births compared to 150 deaths last year, the municipality granted 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
