Would you like to earn money just for buying a new home? Well, the youth of Portugal are being encouraged with this kind of incentive to buy or renovate property in Monchique.
The funds which are set aside by the Town Hall are available to individuals up to the age of 40.
Individuals who are applying will have to apply with the intent of living there of course. The funds will be made available as of this month and could exceed amounts of up to 15 000 Euros.
According to Mayor Rui André, the attempt at rewarding youth for acquiring property here is to avoid desertification. Many of the town’s youth have been making an attempt at a better life by moving to the coast.
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