The stunning Italian village that’s renting out homes for just 90p a month
A SMALL Italian town in Sardinia is renting out homes for just €1 (86p) in a bid to entice more people to move to the area.
It is one of many locations in Italy which is struggling with a dwindling population.
The town of Ollolai, located on the Italian island of Sardinia, sits in the mountain range of Barbagia, and has a population of just 1,300 – down from 2,250 in the last 50 years.
It’s a two-hour drive from Sicily’s larger towns like Olbia and Cagliari where most holidaymakers visit.
In 2018, the local government attempted to repopulate the small town by selling houses for just €1.
Those who purchased a house had to pay costs of around £17,000 to renovate the properties.
But under fresh plans, potential residents will be able to rent homes for just €1 (86p).
According to Schengen Visa Info, there are ten rental spots up for grabs.
The scheme is targeted at remote workers who will need to explain why they’d like to live in Ollolai.
They’ll also need to submit a life plan along with their application as well as several other personal details.
Successful applicants will also need to become an Italian resident under the scheme.
In an article in Schengen Visa Info, Mayor of Ollolai, Francesco Columbu, said: “Revitalising the country, improving the life of the inhabitants and curbing depopulation, these are the objectives we have set for ourselves.”
In addition to increasing its population, it is hoped that the professionals will “contribute to the community by sharing their knowledge through presentations, classes, or projects related to their respective fields, careers, or experiences.”
Those interested in applying will need to visit the work from Ollolai website, here.
Of course, this isn’t the only place that’s encouraging people to move there.
A number of countries have schemes with grants and incentives to encourage people to move there, normally due to dwindling populations.
Some of the schemes include cheap houses, while others include a monthly grant to remote work there.
If you fancy starting up a business abroad, Ireland, Mauritius, and Chile all have programmes offering grants up to £40,000 to help you get your feet off the ground.
One couple recently bought an Italian townhouse at auction with € 1 and transformed it into an amazing holiday home.