Picturesque Italian town near pristine beaches is paying £25,000 to anyone willing to move there

A quaint town in Italy is offering a £25,000 payout to people willing to buy a home and move there.

The ancient city of Presicce, in the Puglia region, is offering the money in hopes that new life will be breathed into its shrinking community, which is full of derelict houses.

What makes the proposition even more enticing is the fact that Presicce is just a 15-minute drive from the pristine beaches of Italy’s south-eastern coast, including Santa Maria di Leuca.

It’s the latest example of Italian officials spending the money to rejuvenate marauding so-called “ghost villages” and rural areas across the country.

In recent years, people around the world dreaming of a place in the sun have bought properties for as little as 90p and promised to refurbish them.

Presicce is hundreds of years old and was formerly known as the

Presicce is hundreds of years old and was formerly known as the

Presicce is hundreds of years old and was formerly known as the “City of Green Gold” due to its extensive olive industry

An alleyway in the ancient city of Presicce in Puglia, Italy, where a £25,000 cash incentive is being offered to potential home buyers

An alleyway in the ancient city of Presicce in Puglia, Italy, where a £25,000 cash incentive is being offered to potential home buyers

An alleyway in the ancient city of Presicce in Puglia, Italy, where a £25,000 cash incentive is being offered to potential home buyers

Presicce is located in south-eastern Italy on the country's

Presicce is located in south-eastern Italy on the country's

Presicce is located in south-eastern Italy on the country’s “heel”. It is just a 15-minute drive from the country’s stunning coastline

The ancient city of Presicce houses a range of necessities including a post office, supermarkets and a bank. The cinema pictured above is deserted

The ancient city of Presicce houses a range of necessities including a post office, supermarkets and a bank. The cinema pictured above is deserted

The ancient city of Presicce houses a range of necessities including a post office, supermarkets and a bank. The cinema pictured above is deserted

The money can be used to buy a house as well as refurbish it, according to a local councilor, with houses for sale there starting at just over £21,000.

“We will offer up to 30,000 euros to people who are willing to move here and buy one of these abandoned apartments,” Alfredo Palese told CNN.

“The overall funding will be split into two parts: part of it goes to buying an old home and part of remodeling it if necessary.”

The ancient city is surrounded by greenery and has its own post office, bank and supermarkets.

Known in the Renaissance for its vast olive groves and top quality olive oil, Presicce is full of evidence of its history as the ‘city of green gold’, as it was formerly known.

Huge underground olive mills can still be found in tunnels and chambers beneath the city’s streets, as part of a sprawling underground city popular with tourists.

It merged with a nearby city in 2019 to create a larger community, although underpopulation and low birth rates are still issues.

“There are many empty houses in the historic center that were built before 1991 that we would like to see alive with new residents,” Mr. Palese told CNN.

The port town of Santa Maria di Leuc

The port town of Santa Maria di Leuc

The port town of Santa Maria di Leuca and its breathtakingly clear water and white sand beach are just 15 minutes from Presicce

Located between the Adriatic and Ionian Seas, Santa Maria di Leuca is just a short drive from Presicce

Located between the Adriatic and Ionian Seas, Santa Maria di Leuca is just a short drive from Presicce

Located between the Adriatic and Ionian Seas, Santa Maria di Leuca is just a short drive from Presicce

“It’s a shame to see our old neighborhoods full of history, beautiful architecture and art slowly emptying.”

To qualify for the cash incentive, buyers must purchase a home in the village that was built before 1991. Details are available on the local government website. The cheapest houses there are small apartments that need repairs.

Presicce is just the latest Italian town to offer enticing incentives to attract new residents.

The Italian town of Sambuca sold homes for as little as €1, one of which was later marketed by Airbnb as a one-year rent-free home to a lucky tenant.

Last year it emerged that a run-down Italian ‘ghost village’ had been reborn after dozens of homes were bought for as little as £1 by buyers around the world.

People from countries as far away as Russia, China and the USA have spent the fee for a house in the Garfagnana in Tuscany.

In 2020, Catropiagnano in Molise started offering abandoned houses for as little as 90p (€1).

In 2020, Catropiagnano in Molise started offering abandoned houses for as little as 90p (€1).

In 2020, Catropiagnano in Molise started offering abandoned houses for as little as 90p (€1).

Located in two picturesque Italian villages, the buildings were purchased as part of a project aimed at reversing the effects of depopulation.

Reconstruction projects for more than 40 of the abandoned houses of the two villages, called Fabbriche di Vergemoli and Fabbriche di Vallico, will begin in 2021.

The “House for one euro” project was launched in 2016 to stem migration from the north-western municipality of Fabbriche di Vergemoli.

The initiative started after 2016 and administrators say they receive over 2,000 requests each year.

A year earlier, the idyllic mountain village of Castropignano began offering abandoned houses for as little as 90p (€1).

The medieval village, which is just an hour from ski resorts and beaches, launched the scheme after newcomers to the area were offered £22,635 (€25,000) to live there.

Molise, nestled between the peaks of the Apennines and the Adriatic coast, offered the sum to live in its abandoned villages after all its young people moved away.

https://www.soundhealthandlastingwealth.com/uncategorized/picturesque-italian-town-near-pristine-beaches-will-pay-25000-to-anyone-willing-to-move-there/ Picturesque Italian town near pristine beaches is paying £25,000 to anyone willing to move there

Brian Ashcraft

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