Ponga, a town and municipality in north-west Spain, is offering £2,600 per person to those moving there in a bid to boost the local economy.
And couples who have children after moving will receive an extra £2,600 for each baby born there.
There is only one condition: you have to commit to living in the city for five years or more.
The benefits? This part of Spain receives 44 per cent more hours of sunshine each year than the UK.
The municipality is home to a vast nature reserve on the edge of the Cantabrian Mountains, which means hidden hiking trails, forests and wildlife.
It is in the Asturias region, known for its spectacular coastline, deep valleys and high slopes, as well as a wealth of pre-Romanesque architecture. The closest city to Ponga is Gijón, which is about 90 minutes away by car.
Several places have launched similar plans to attract new blood to the area, often with stricter conditions than those offered by this Spanish initiative.
Calabria, the southern Italian region located at the “tip” of the country. launched a scheme to pay people up to €28,000 (£24,400) relocate to towns of 2,000 inhabitants or less that are suffering from depopulation.
Applicants had to be 40 years old or younger, move to Calabria within 90 days of acceptance, and start a business or accept a specific job.
More broadly, Italy has launched a “One Euro Housing Plan” in recent years where new inhabitants can buy an empty house for only 1 euro in communities fighting against depopulation. There are often conditions, such as a commitment to renovate the property within a set period of time and a commitment to use the property as a primary resident for a minimum period of time.