Picturesque Italian city with a shrinking population trying to attract new residents by offering their rent and avoiding school meals and taxes
- Teora, located in the Campania region of Italy, has around 1500 inhabitants
- Newcomers receive 150 euros per month for their rent for two years
- Or they can have a lump sum of 5000 euros to buy a home there
An Italian city tries to attract new residents by offering their rent.
Picturesque Teora, in the Campania region of southern Italy, wants to breathe new life into its dwindling population.
Newcomers to the city receive 150 euros (£ 125 / $ 162) per month for their two-year rent or receive a lump sum of 5,000 euros (£ 4,193 / $ 5,402) to buy a home there.
The picturesque town of Teora, in the Campania region of southern Italy, trying to attract new residents by offering their rent
The only catch is that all newcomers must have at least one child and commit to live in Teora for at least three years.
The population of the city began to decline in 1980 after a devastating earthquake and now stands at around 1500.
It is assumed that on average two babies are born each year, compared to 20 deaths, most of them in older age.
Mayor of Teora, Stefano Farina, told CNN: ‘We have barely 1500 inhabitants. After the terrible earthquake many young people fled.
“I want to reverse this negative trend. Children are our future, new families will be the building blocks of our shrinking community, so we encourage people with more children to apply. “
For those interested in relocating, rents in the city are only 200 euros (£ 167 / $ 216) per month, while some houses are on the market for 30,000 euros (£ 25,159 / $ 32,416).
Newcomers to Teora receive 150 euros (£ 125 / $ 162) per month for their two-year rent or receive a lump sum of 5,000 euros (£ 4,193 / $ 5,402) to buy a home there
In addition, the city will also refrain from school meals and local taxes for newcomers.
However, Teora is not the only city in Italy that encourages house movements.
Taranto became the first Italian city to offer houses for one euro (84p / $ 1.08).
The remote port city in southern Italy has seen the population decrease over the years and local authorities hope that the supply will stimulate the ailing area, including the historic center.
The municipality wants to attract 25,000 residents.