Italy pays you to buy and make your dream home: but on a condition

Italy pays you to buy and make your dream home: but on a condition

Is it time to live your own “Dolce Vita”?

Imagine this scenario: you wake up in the morning and instead of being squeezed in the subway or sticking to the movement, open the windows of your home and see a huge vineyard bathed in the sun. The air is cautious of freshly baked bread and olive oil, while neighbors greet you with a hearty “Buongiorno!” At noon, you sit on a small trattoria and enjoy a simple but perfectly cooked pasta al dente, accompanied by a glass of local wine. And the best? The Italian government paid you to live this life!

No, it’s not a dream, it’s a reality! OR ItalySo, it offers up to 100,000 euros to those who are willing to settle in beautiful but sub-overly. You see, in recent years, many small Italian villages have seen their population diminishing dramatically.

Young people are leaving for big cities, leaving behind abandoned houses, small businesses to wither and a way of life that is in danger of disappearing. To prevent this, the area of TentinoIn the northern part of the country, it has decided to take action and provide brave financial incentives for those who are willing to move there, develop business or work remotely from a calmer and authentic environment.

More specifically, a total of forty -three cities in the area have entered the program and the Trento City Council has pledged 10m euros to fund it within two years. Trento President Mauricio Fugati said this “experimental action” aims to strengthen social cohesion in the Trentino region, according to Independent.

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But there is a small trap. The 100,000 euros are not simply donated to “vacation” to the villages of the area, enjoying local wines and walks in the Alps. This money is intended exclusively for renovating an abandoned house in the area. In particular, 20,000 euros are given for the purchase of home and 80,000 euros for restoration work.

And somewhere here comes the greatest commitment: Must livelihoods on the property for at least 10 years Or rent it at a “reasonable” price. If you decide to leave earlier, you should return the subsidy. Also, the total cost of renovations cannot exceed 200,000 euros, which means that you are not allowed to spend more than 120,000 euros from your pocket to restore the home.

So it may not be exactly the absolute opportunity to start a Dolce Vita without obligations, but for those who want to invest in a more authentic, rural life in beautiful Trentino, this program may be the beginning of a wonderful capital.

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