Venice Property

If you are looking to buy Venice property, prepare yourself for some of the highest property prices in the whole of Italy, particularly if you’re aiming for the fashionable quarters, such as the Grand Canal, the Rialto and Giudecca. If you can afford to buy property in Venice, there are potentially excellent returns from the millions of visitors every year needing rented accommodation, and its unparalleled location, history and culture make Venice an appealing holiday home destination.

It is said that buyers outnumber available Venice houses by as much as four to one, a fact which has led to prices appreciating dramatically over the years and the remarkable decline of the Venetian population, at 60,000 just a third of what it was in the mid-1960s. Many locals have been priced out of the city and moved to cheaper properties in the nearby industrial town of Mestre.

Though it is perhaps best known for its historic architecture, there is a limited number of new and newly converted properties in Venice. Across the board, location is paramount, and apartments and homes in the prime sites, with balconies and the best views can command telephone-number prices.

Looking to buy Venice property off the tourist track may be the best tack to find the most affordable way into Venice, though the flipside of that is that possible rental opportunities may dwindle the further away from the heart of the city you go. For those that can afford it, a Venice house makes a splendid holiday getaway and a great long-term investment prospect.

The Homes Overseas Guide to Buying Property in Italy has advice on the legal and financial aspects of buying Italy property, plus overviews and information on the process for buying property in Italy.

Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.