How many times have you watched Mamma Mia and thought, "that's the life for me"? If your goal in life is to bask in the Grecian sunshine and jump exuberantly off piers into blue water, then now's your chance. 

One Greek island is offering €6,000 to would-be new residents to the ruggedly beautiful island, as part of an effort to revitalise an ageing community. 

Nestled between Crete and mainland Greece, Antikythera is a breathtakingly beautiful spot, marked by dramatic cliffs, white sandy beaches and azure water. 

New residents on the island will be given a plot of land, a house and €500 a month, adding up to €6,000 a year, so you can swim, sunbathe and sing to your heart's delight. 

With just 20 residents on the island, however, it'll be a quiet community - until more like-minded people join. Like many small towns, villages and even cities around Europe, Antikythera was severely hit by the recession, and now threatens to diminish into nothing. 

Emigration has stripped the area of many of its young people, leaving behind those who are older. "We are an island of pensioners, old men," 62-year-old Vassals Aloizos, a man who lives there for part of the year, told the LA Times.

The fact that it is difficult to get to adds to this: accessible by ferry between there and Crete, its sailings are often affected by the weather. If only there were more strapping Swedes with boats around... 

The hope is that young families will settle on the craggy idyll, giving it a new lease on life. 

But don't worry, you wouldn't be starting from the ground up. With its own power station and water source, it's self-sufficient, and as the location of a new climate change centre, it's a hub for scientific research. 

And naturally, there's the rich archaeological history that will beguile and fascinate visitors, with many sites to explore and artifacts to ponder, such as the Antikythera Mechanism, a famed "computer" invented by the Greeks in 150 BC. 

If you're interested in taking the plunge, be forewarned: the selection and approval process for new residents can take up to five years, according to Insider, so don't pack your bags just yet.