Italy’s government has made a big offer, offering to give away vacant homes for one euro

Italy’s government has made a big offer, offering to give away vacant homes for one euro

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As Italy‘s aging population grows, efforts are being made to accommodate the youth population, offering people from all over the world to rent empty homes for one euro. Populations there have to increase.

In many parts of Italy, thousands of vacant houses are a huge problem, and the solution is often presented in the form of various attractive offers, with the condition that the house be renovated within a certain time. goes

In 2017, in the town of Candela in the Puglia region of Italy, people were offered 2,000 euros to settle.

Now an even better offer has been made by the village of Santo Stefano di Cesano in Abruzzo, which will also provide housing rental assistance as well as financing for those who want to settle and start businesses there.

Fabio Santavesa, the mayor there, says that we are not selling anything to anyone, this is not a business venture, we just want to restore the vibrancy of our village.

It requires applicants to be Italian citizens or legally eligible to become citizens and be 40 years of age or younger.

This mountain village is located at an altitude of 1250 feet above sea level, where only 115 people currently reside, half of whom are elderly while just under 20 are under the age of 13.

The Town Council will give a fixed amount every month for 3 years to the new residents moving there.

A total of 8 thousand euros (more than 1.5 million Pakistani rupees) will be given every year, while 20 thousand euros (more than 3.7 million Pakistani rupees) will be given as a lump sum for businesses.

They will also get a property to live in which will be charged a nominal rent, however, it is not yet clear how much the nominal rent will be. According to the mayor, the financial details will be determined after analyzing all the applications.

So far more than 1500 people have applied for it, but the council will currently select only 5 couples and gradually this number will be increased.

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