economy
March 31, 2026
Houses cheaper than coffee! Here they cost only 1 EURO, and many receive 100,000 euros if they move
At a time when real estate prices are constantly rising, the idea that you can get a house for a symbolic amount seems almost unbelievable. However, one European country has been trying to attract new residents for years - not as tourists, but as people who will actually live there.
TL;DR
- Trentino, Italy, offers up to €100,000 for people to move and renovate abandoned houses.
- The program aims to revive rural areas and boost local populations.
- The funds can be used for property purchase (up to €20,000) and renovation (up to €80,000).
- Recipients must live in or rent out the property for at least 10 years to avoid repayment.
- Applicants must be under 45 years old and not already residents of the specific region.
- Foreigners can apply if they meet legal purchase and visa requirements.