In a bold move to rejuvenate its picturesque yet depopulated villages, the Autonomous Province of Trento in northern Italy is offering grants of up to €100,000 to individuals willing to relocate and restore abandoned properties. This initiative seeks to address the challenges of population decline and the preservation of the region's rich cultural heritage.
Trentino's €100,000 incentive: revitalising Italy's Alpine heartland
Italy has gained international attention for its infamous "1 euro houses" — abandoned properties sold at an almost symbolic price to encourage people to move to rural areas and restore them. However, Trentino's new €100,000 grant initiative takes a different approach, offering more substantial financial support for those willing to relocate to the region.
Unlike the 1 euro houses, which often come with significant renovation challenges and hidden costs, Trentino's programme not only provides funding for property purchases but also substantial grants for renovations. This initiative is aimed at revitalising the Alpine region by attracting new residents to its picturesque villages, ensuring that properties are transformed into homes that help preserve the region’s cultural and architectural heritage.
Understanding the grant structure
The comprehensive grant is structured as follows:
- Renovation support: Up to €80,000 is available for renovating a property, covering 40% of renovation expenses within historic centres and 35% outside these areas.
- Purchase assistance: An additional €20,000 can be utilised towards the purchase of the property, accounting for approximately 35-40% of the total purchase price.
Commitment requirements
Beneficiaries must commit to one of the following for a minimum of ten years:
- Primary residence: Occupy the renovated property as their main home.
- Long-term rental: Rent the property at a moderate rate, ensuring affordability for local workers.
Failure to uphold this commitment may result in the obligation to repay the grant.
Targeted municipalities
The programme focuses on 33 municipalities that have experienced significant population decline. These include:
- Val di Non: Towns like Bresimo and Livo.
- Val di Sole: Communities such as Rabbi and Vermiglio.
- Valsugana and Other Areas: Including Primiero and ski resorts like San Martino di Castrozza.
Eligibility criteria
To qualify for the grant:
- Residency Status: Applicants must not be current residents of the targeted municipality, unless they are over 45 years old.
- Property Acquisition Limit: Each individual can acquire and renovate up to three properties under this programme.
Application process and timeline
As of April 2025, the Autonomous Province of Trento has finalised the list of eligible municipalities for its grant programme. The provincial council has completed this selection process, and the initiative is set to move forward. Applications are expected to open in the coming months, with the possibility of work commencing by the end of the year. This timeline allows for the necessary administrative procedures and preparations to be completed.
The programme is designed to be inclusive, welcoming both Italian citizens and foreigners. Detailed information and application guidelines will be available on the official Trentino regional website once finalised.
A unique opportunity
Trentino's €100,000 grant programme presents a unique opportunity to become part of a community dedicated to cultural preservation and sustainable living. By participating, individuals can contribute to the revitalisation of Italy's Alpine heritage while enjoying the region's natural beauty and cultural richness.