Picturesque Italian town near pristine beaches will pay £25,000 to anyone willing to move there

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Picturesque Italian town near pristine beaches will pay £25,000 to anyone willing to move there in a bid to revitalize the dwindling community

  • Municipality of Presicce is offering money to buy and renovate a house there
  • Presicce surrounded by greenery and just 15 minutes from white beaches
  • Homes are available in the ancient former olive town from just £21,000

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A picturesque town in Italy is offering a £25,000 payout to people looking to buy a house and move there.

The ancient town of Presicce in the Apulia region is offering the money in hopes of breathing new life into its dwindling community, which is filled with dilapidated houses.

What makes the proposal even more attractive is that Presicce is only a 15-minute drive from the unspoilt beaches of the Italian coastline, including Santa Maria di Leuca.

An alleyway in the ancient town of Presicce in Apulia, Italy, where a £25,000 monetary incentive is being offered to potential homebuyers

An alleyway in the ancient town of Presicce in Apulia, Italy, where a £25,000 monetary incentive is being offered to potential homebuyers

Presicce is located in the southeast of Italy, in the 'heel' of the country.  It is just a 15-minute drive from the country's beautiful coastline

Presicce is located in the southeast of Italy, in the 'heel' of the country.  It is just a 15-minute drive from the country's beautiful coastline

Presicce is located in the southeast of Italy, in the ‘heel’ of the country. It is just a 15-minute drive from the country’s beautiful coastline

Pressicce is hundreds of years old and used to be known as the 'city of green gold' because of its extensive olive industry

Pressicce is hundreds of years old and used to be known as the 'city of green gold' because of its extensive olive industry

Pressicce is hundreds of years old and used to be known as the ‘city of green gold’ because of its extensive olive industry

The old town of Presicce is home to a number of essentials including a post office, supermarkets and a bank

The old town of Presicce is home to a number of essentials including a post office, supermarkets and a bank

The old town of Presicce is home to a number of essentials including a post office, supermarkets and a bank

According to a local councillor, the money could be used to buy a house as well as refurbish it, with houses on sale there starting at just over £21,000.

“We are offering up to €30,000 to people who want to move here and buy one of these abandoned homes,” said Alfredo Palese. CNN.

‘The total financing is split in two: it goes partly to the purchase of an old house and partly to its restyling, if necessary.’

The old town is surrounded by greenery and has its own post office, bank and supermarkets.

Presicce was known in the Renaissance period for its extensive olive groves and high-quality olive oil. Presicce is filled with evidence of its history as the ‘City of the Green Gold’, as it used to be called.

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 was merged with a nearby town in 2019 to create a larger community, although underpopulation and low birth rates remain problems.

“There are many empty homes in the historic center built before 1991 that we would like to see come back to life with new residents,” said City Councilman Alfredo Palese. CNN.

The port city of Santa Maria di Leuc

The port city of Santa Maria di Leuc

The port town of Santa Maria di Leuca and its beautiful clear waters and white beach are just 15 minutes from Presicce

Santa Maria di Leuca is located between the Adriatic and Ionian seas and just a short drive from Presicce

Santa Maria di Leuca is located between the Adriatic and Ionian seas and just a short drive from Presicce

Santa Maria di Leuca is located between the Adriatic and Ionian seas and just a short drive from Presicce

‘It is a pity to see how our old neighborhoods full of history, beautiful architecture and art are slowly emptying.’

To qualify for the cash incentive, buyers must purchase a home in the village built before 1991, with details available from the local government. website. The lowest priced homes there are small apartments that need refurbishing.

Presicce is just the latest Italian city to offer tempting incentives to lure new residents in.

The Italian city of Sambuca sold houses for as little as 1 euro, and one of them was later marketed by Airbnb as a one-year rent-free home to a lucky tenant.