If the Australian property market is getting you down (will we ever be able to buy?), you might want to consider heading abroad.
The Italian government is implementing a new program that will gift young people (under 40) leases to more than 100 historic buildings.
Yep, people can now score a whole CASTLE. For FREE.
Under Cammini e Percorsi, which translates to ‘paths and routes’, people can apply to receive a historic castle or villa that has fallen into a state of disrepair.
The program aims to increase tourism, restore historic buildings and help stop overcrowding in cities like Venice and Florence.
Successful applicants will be gifted a nine-year lease on the condition the property will be open to the public. There will also be the option to extend the lease period for a further nine years once it expires.
If you’re in the market for something longer-term, however, the most impressive applicants are eligible to receive a 50-year lease.
Applications are open until June 26.
If you can read Italian, you can check out the finer details here.