And monthly rent is as cheap as €50.
UPDATE, May 11, 2017: The mayor of Bormida has insisted this was "only a suggestion," and rescinded the offer after some 17,000 people expressed interest in moving to the small Italian hamlet.
Bormida, an idyllic village in Liguria with a quickly dwindling number of 394 residents, is hoping the incentive will help attract newcomers. Otherwise, depopulation could threaten the town’s very existence.
In addition to the upfront cash, Mayor Daniele Galliano's incentives would include offering small property rentals available for as little as €50 (about $55). There’s not much to do in Bormida, admittedly. There are four restaurants, a single church, and delicious Ligurian cuisine.
“Life is so simple and natural,” Oddone Giuseppe, the manager of one of the aforementioned restaurants told The Guardian. “It’s a healthy lifestyle, and the air is very clean.”
Liguria is also home to the famous, cinematic destination of Cinque Terre, and is just over an hour’s drive along the coast to the city of Genoa.