- Venice real estate, Italy
Venice real estate, Italy
- World’s most romantic city
- Beach resorts
- 3 international airports
Thinking of buying property in Venice, Italy? Real estate in the world’s most romantic city has always held immense appeal. There is a vast choice of Venice apartments for sale, offering the chance to live close to attractions such as St Mark’s Square and the Doge’s Palace. But the northern Italian region of Veneto is also home to dozens of charming towns with superb properties to buy and within easy reach of Venice.
Overseas property buyers may look no further than Venice real estate when it comes to buying a property in Veneto. The world’s most romantic city, with its canals, gondoliers and St Mark’s Square, is undoubtedly the jewel in Veneto’s crown.
But there is more to the region than Venice and Veneto boasts superb towns and cities such as Padova (Padua), Treviso and Vicenza. In addition, Belluno, in the Dolomite Mountains, offers superb cross-country and downhill skiing in winter. There is also the Bellunesi Dolomites National Park.
If you are looking at Veneto real estate, Venice is its most expensive city, understandable perhaps as it is the irresistible magnet to which the millions of tourists have always been drawn. One consequence of this is the fact that it is home to just 60,000 inhabitants, a third of the population half a century ago, because down the years Venetians have been priced out of the city.
Property for sale in Venice, in particular new developments, is scarce. However, there is something uniquely magical about owning a home in Venice and being able to take daily boat trips past landmarks such as St Mark’s Square.
But if you do buy one of the apartments for sale in Venice, you can expect excellent rental returns virtually all year round, thanks to the city’s immense popularity with tourists, not to mention the pulling power of the Venice Film Festival and the Carnival and the Biennale festivals. In addition, there are superb transport links to the coast and ski resorts.
The Grand Canal, the giant waterway that winds through the city, is the most desirable area in which to buy, especially between the Rialto Bridge and St Mark’s Square. But there is affordable property for sale in Venice that can be found if you head slightly outside the heart of the city to Castello, one of Venice’s six districts, or to nearby islands such as Torcello and Burano.
Many discerning buyers who are interested in a property for sale in Italy and come to this part of the country are increasingly looking beyond just Venice and towards the rest of Veneto, where homes are cheaper. Around 15-20 miles out of Venice, in villages such as Mirano and Dolo, prices start from around €2,000 per sq m, making a typical two-bedroom 80sq m apartment a very affordable €160,000 at 2009-10 prices.
Then there are towns and cities such as Padova, Vicenza and Treviso, all just 30-45 minutes away by train. Padova is a very picturesque university town and boasts an historic cathedral. The surrounding countryside is especially beautiful and in areas such as Abano Terme spa resort, house prices are lower still. Vicenza and Treviso are unspoilt, historic cities where property is a fraction of the real estate in Venice.