After numerous Italian communities have tried to revive their dwindling populations by selling off dilapidated homes for little more than a dollar, one town has come up with a new approach. Teora, a pretty destination located in the southern region of Campania, is hoping to lure potential residents by offering to pay towards their rent if they move in.
While the €1 home deals have been a huge success across Italy, with towns from Sicily in the south to the northern Alps attracting new residents committed to investing in extensive renovations, it’s feared that those buying into it are just acquiring cheap holiday homes rather than settling down.
