Italy's historic town is offering $30,000 to those who want to live there.

Italy's historic town is offering $30,000 to those who want to live there.

16.12.2025 01:20

The historic town of Radicondoli in Italy's Tuscany region is offering financial incentives to new residents in order to fill its empty houses and increase its population, which has dwindled to just 966 people. The town provides support of around $30,000 to those willing to move, aiming to ease the cost of living and encourage long-term residency. However, those who relocate must commit to living in the town for 10 years.

The historic town of Radicondoli in Italy's Tuscany region is offering financial incentives to new residents to fill its empty homes and increase its population. The town provides support of around $30,000 to those willing to move, aiming to ease living costs and encourage long-term residency. However, there is one condition: buyers must live in the town for 10 years, while renters must stay for 4 years.

Located about an hour south of Florence, Radicondoli once housed 3,000 people, but its population has now dwindled to just 966. The town has around 450 homes, of which about 100 are vacant.

Italy's historic town offers $30,000 to those who want to live there

400,000 EURO BUDGET ALLOCATED

Mayor Francesco Guarguaglini stated in an interview with CNN, "The housing project launched two years ago is being accelerated. We have allocated more than 400,000 Euros this year to support new home purchases and rentals. Financial assistance for students, public transport users, and green energy subscribers is also being implemented."

GRANTS AND OPPORTUNITIES

Those wishing to move to the town, whether renters or home buyers, can benefit from financial incentives. Small apartments are priced at around 50,000 Euros ($60,000), while larger Tuscan-style farmhouses are priced at about 100,000 Euros ($117,000). According to the mayor, most buildings are in reasonably good condition, but some homes may require renovations costing around $10,000.

Italy's historic town offers $30,000 to those who want to live there

HOUSES CAN BE RENTED FOR 200 EUROS

Renters can lease homes that normally cost 400 Euros per month for just 200 Euros thanks to subsidies. Buyers can purchase a small apartment for about 30,000 Euros using a 20,000 Euro grant. The municipality aims to enhance quality of life, support economic development, and particularly attract young people to the town with these incentives.

Italy's historic town offers $30,000 to those who want to live there

POPULATION SLOWLY INCREASING IN THE TOWN

A statement on the Radicondoli municipality's website noted that when the project began, the population was around 900, and it has now risen to 960. The statement said, "Our policy of supporting families, creating services, enhancing culture and social interaction, and supporting commuters is based on the results achieved. The goal is to bring new friends to the community and increase living opportunities in the town."

For those dreaming of a life filled with the Tuscan sun, Radicondoli offers both a historic atmosphere and a new beginning opportunity with financial incentives for movers.

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