Italy’s State Property Agency has announced that it is giving away over 100 disused buildings – including medieval castles, ancient farmhouses, and defunct monasteries – for free.
Sounds too good to be true? There is one condition: prospective owners will be required to repurpose and restore their newly-acquired properties into thriving, tourist attractions – namely hotels, restaurants, and spas. The project is part of the Italian government’s efforts to promote tourism in eight of the country’s lesser-known districts. Located along the country’s coastline down to Sicily, the sites not only boast a rich history but also abundant scenic views of the countryside and the coastline.
To apply, head here and submit a proposal detailing your restoration plans. Special preference is given to applicants under the age of 40. Successful applicants will be granted ownership of the property for nine years, with an option to extend for another nine years after the initial period has lapsed.
Application is open until 26 June, but fret not if you don’t manage to get your hands on an Italian castle. The government plans to add another 200 buildings to the list over the next two years.
Images courtesy of L’Agenzia del Demanio