The village of Teora is offering a contribution of 150 euros towards rent to those who live for three years.
This small Italian village has recently made the news due to the fact that a selection of its houses were for sale for only 1 euro and now, Teora is back and you could get paid to live there. To repopulate empty areas of Italy, one initiative is offering residents a contribution towards rental costs. The village of Teora in the province of Avellino, is offering a grant of 150 euros to those who decide to move their residence to the village for three years. This is an initiative that has attracted the attention of CNN and dedicated a special feature to this small village in its travel segment.
From the north to the south of the Italian peninsula, there are various initiatives from those who wish to repopulate villages that are now almost abandoned, and many are opting to introduce a contribution towards rental costs. The administration of Teora in the province of Avellino has decided to focus on a contribution of 150 euros which will be donated only to those who decide to move there for three years. And this is not the only requirement: to qualify for the scheme, you also need to have a child and decide to enroll him/her in the local school.
Teora's initiative was also picked up by the international news company CNN, where it was highlighted that, despite the fact that selling houses for 1 euro is very successful, it was often the case that people were buying properties simply to renovate them and transform them into holiday homes and not helping to repopulate the area. According to Stefano Farina from the Teora trade union, the sale of houses in for 1 euro does not increase the population of the villages, because those who buy a property only return to spend their holidays there.
Hit by the 1980 earthquake, the population of Teora was drastically reduced and nowadays has a population of 1,500 with a birth rate of roughly 2 children per year. The rent for a house is generally around 200 euros per month, meaning the proposed rental subsidy could go a long way.
- If you want to participate in the scheme and get paid to live in Teora then you can find all the information here.