This Charming Italian Town Will Pay Half Your Rent If You Move There-and It's Just 1 Hour From Florence

"In 2023, Radicondoli began offering 20,000 euros (roughly $23,000) to people who purchased homes in the town, along with an additional 6,000 euros homebuyers could use for expenses like heating. And, according to the town's mayor, the plan worked. Since 2023, it has funded 23 property sales and attracted 60 new residents. But now they want more. So, it's expanding its plan to attract new residents by promising to cover half of the first two years of rent for new tenants through early 2026."

""We've earmarked over 400,000 euros ($465,000) this year to support new home purchases and rentals, alongside other key measures like financial aid to students, public transport commuters, and green energy subscribers," Mayor Francesco Guarguaglini shared in a statement about the program. And here's the real value in choosing Radicondoli: These homes are far from the fixer-uppers you see on offer for 1 euro."

"There's also a rather wide range of homes available to purchase in the town. A glance at Idealista shows listings like this charming one-bedroom apartment, which used to be an olive mill. While in need of a facelift, it comes with plenty of historic charm, thanks to its vaulted brick ceilings. It's currently listed at 180,000 euros. Then, there are behemoth estates like this 25-million-euro or"

Radicondoli is deploying cash incentives and rental subsidies to attract newcomers and counter population decline. The town began offering 20,000 euros to homebuyers in 2023, plus an extra 6,000 euros for expenses such as heating. The program funded 23 property sales and drew 60 new residents. The plan now expands to cover half of the first two years of rent for new tenants through early 2026. Officials allocated over 400,000 euros for purchases, rentals, student aid, commuter support, and green energy subsidies. Available properties range from renovated one-bedroom units to multi-million-euro estates.

Read at Travel + Leisure