Imagine living in the picturesque region of Tuscany, where your days are filled with leisurely strolls through verdant hills, savoring the rich flavors of Chianti wine, and indulging in plates of delicious pasta. For those dreaming of such a lifestyle, an opportunity has emerged that might turn fantasy into reality.

The quaint town of Radicondoli, nestled atop a hill in Tuscany, is offering significant financial incentives to attract new residents, hoping to see a surge in long-term settlers. This initiative is part of a broader strategy to revitalize the town, distinguishing itself from the more famous one-euro home offer seen elsewhere in Italy.

In a statement shared with CNN, Mayor Francesco Guarguaglini revealed the town’s ambitious plans: “We initially launched this housing scheme two years ago, and now we are enhancing it.” He added, “This year, we’re dedicating over €400,000 (approximately £350,700) to support new home purchases and rentals. Moreover, we are implementing additional measures like financial aid for students, subsidies for public transport commuters, and incentives for those opting for green energy.”

Radicondoli’s initiative not only promises a fresh start in a charming setting but also comes with a package of benefits that aim to make the transition smooth and sustainable for newcomers. With such offers, this Tuscan town might soon find itself bustling with new faces eager to embrace its rural charm and vibrant community life.

Mayor Francesco Guarguaglini said, according to CNN: ‘The housing scheme, initially launched two years ago, is being boosted.’

‘We’ve earmarked over €400,000 (£350,700) this year to support new home purchases and rentals, alongside other key measures like financial aid to students, public transport commuters and green energy subscribers.’

The major will also cover half the rent for the first two years for those who apply by December 2025 and move in by early next year.

There’s a catch, though. 

Radicondoli in Tuscany is looking to lure in new long-term residents

The picturesque town has a medieval charm, with pretty cobbled streets and old homes

Buyers must commit to staying 10 years, while renters must commit to four. 

There are many empty homes and properties in the town, which the mayor is keen to fill.

Prices start at around €50,000 (£43,800) for smaller units – and go up to €100,000 (£87,700) or more for larger ones. 

So a buyer using the full €20,000 (£17,500) bonus, CNN reports, could get a small apartment for roughly €30,000 (£26,300). 

In terms of renting, a home that normally costs about €400 (£350) euros a month would drop to €200 (£175).

The medieval town, located an hour from Florence, has all the signs of a historic Italian town, with cobbled streets and quaint alleys. 

Radicondoli is a perfect hub for outdoor activities, with trails for trekking and biking.

It also boasts a number of historic buildings, ancient ruins, a beautiful church and many works of art.

Perched on a hilltop, it’s a typically Tuscan town with an authentic feel

Many of the buildings in Radicondoli are up for rent or sale, if you’re looking for a new home

It’s also near Siena, if you fancy a day trip to the cultural hub.

According to Radicondoli’s town website: ‘When the project began, the population numbered around 900, and the number has grown to 960. 

‘Thus, the policy of supporting families, creating services, fostering culture and social interaction, and supporting commuters is grounded in the results achieved.

‘The goal is to offer opportunities to improve people’s quality of life, stimulate economic development and residential development, and also invite new friends to join the community, with a particular focus on young people.’