Real estate in Veneto: where foreigners are looking

Veneto: a region in northeastern Italy

Veneto is a region in the northeastern part of Italy, known for its history and culture, and it is also one of the most expensive places in the country in terms of real estate. The capital of Veneto is Venice, famous for its canals and unique architecture. The region is bordered by the waters of the Adriatic Sea to the east, while Lake Garda lies to the west. To the northeast, there are stunning mountain landscapes of the Dolomite Alps.

Growing interest in real estate in the region

Interest in purchasing real estate in Veneto is rapidly growing among foreign buyers, who often previously visited the region as tourists. This increased interest raises concerns among local residents due to the potential sharp rise in housing prices. Some areas, including South Tyrol, have already implemented restrictions on property purchases by foreigners to protect the interests of local residents.

Dynamics of real estate prices

After the financial crisis of 2008, house prices in Italy fell significantly, but they have now stabilized and started to increase slightly. they have stabilized and have started to increase slightly. In 2018, real estate prices decreased by only 0.4%, but the number of transactions continues to rise. In urban areas, prices are already recovering, while in rural areas they remain stable. while in rural areas they remain at a low level.

The Veneto region as a tourist hotspot

Veneto is one of the most economically successful regions of Italy, thanks to its diverse natural landscapes and cultural wealth. With its natural and historical attractions, the region draws many tourists, making it the most popular tourist destination in the country.

Restrictions for foreign visitors

Every year, the Italian government imposes new restrictions on foreign visitors, related to both tourism and the real estate market. both tourism and the real estate market. For example, as of May 1, 2019, all foreign tourists visiting Venice are required to pay a tourist tax to enjoy their stay in this magnificent city.

Venice: The City on Water

Venice, the capital of Veneto, is an amazing city famous for its canals and unique location on islands in the lagoon. Its historic center impresses with its beauty and architecture, which is listed as a UNESCO World Heritage site. Real estate in Venice is always in high demand, especially due to its prestigious status and numerous cultural events such as the Biennale, festivals, and carnivals.

Real estate on the Venetian Riviera

For those who love beach vacations, buying property in resorts on the Venetian Riviera, such as Lido di Jesolo, Caorle, and Bibione, can be an excellent option. These places also have a high demand for rental properties, making them attractive for investment.

• Lido di Jesolo:This year, the highest housing prices are in the province of Venice.
• Bibione:Second place in housing prices.
• Caorle:Takes the third position in terms of price per square meter.

It is also worth noting the highest rental prices in Cavallino-Treporti, Bibione, and Lido di Jesolo.

Real estate in the Veneto Mountains

The Veneto mountains attract not only tourists but also real estate buyers. In the province of Belluno, located among the Dolomite Alps, property prices are the highest in the region. Additionally, you can find the most expensive long-term rental properties here.

Cortina d'Ampezzo resort

The prestigious ski resort of Cortina d'Ampezzo in these mountains is considered one of the best in the Alps. Every year it hosts international competitions in alpine skiing, bobsleigh and cross-country skiing, making it popular with athletes and tourists alike. making it popular with athletes and tourists alike.

The Dolomite Alps are a luxurious area where housing prices are through the roof.

The city is located in the heart of the Dolomite Alps, which are listed as a UNESCO World Heritage site. It is a place where the Italian elite aspire to be, a center of "la dolce vita," a benchmark of exclusivity and style.The average price of housing here in March 2019 was about 10,880 euros per square meter....which makes it one of the most expensive places in Italy to buy property. Long-term rentals here are also among the most expensive - 19.6 euros per square meter per month.

Treviso is the land of winemaking

This province is located in the eastern part of the Veneto region, between the provinces of Venice and Belluno. The territory of Treviso is adorned with the rivers Piave, Sile, and Livenza, creating picturesque river landscapes surrounded by green fields and endless vineyards.

Vicenza is an amazing province.

Vicenza is located in the Veneto region in the center of Northern Italy. Its landscape is diverse, featuring mountains, plains, and picturesque rivers that create natural corners.

Historical villas and architecture

39 Venetian villas from the 16th century designed by architect Andrea Palladio have been included in the UNESCO World Heritage list due to their refined architecture and significance.

Prosperity of production and real estate

Vicenza's manufacturing sector remains one of the most prosperous in Italy, although slowing down. Real estate is affordable, with an average price per square meter of 1,244 euros.

The city of Verona and its charms

The city of Shakespeare impresses travelers with its unique architecture and charm. Investments in real estate will provide a stable income, relying on high short-term rental prices, with one of the fastest price increases in the country.

Lake Garda - the jewel of Northern Italy

Real estate in this area has always enjoyed stable demand, making it one of the most expensive in the province. The average prices in the resort towns of Lake Garda are impressive.

• Malcesine- 4181 euros
• Torri del Benaco- 3755 euros
• Bardolino- 3176 euros
• Brenzone sul Garda- 3289 euros
• Garde- 3,513 euros
• Lazizе- 3163 euros

The highest rental price is recorded in the municipality of Garda - 14.9 euros per square meter per month.

Conclusion

After a careful analysis of the current situation in the Italian real estate market, especially in the Veneto region, it can be concluded that there is a gradual recovery following the global financial crisis of 2008. In 2018, housing prices in the country showed almost zero growth; however, the number of transactions continues to rise, indicating a renewed interest in real estate investments.

Veneto region

Veneto stands out among other Italian regions for its high economic potential and development. development. Venice, its capital city, attracts both tourists and investors due to its unique location in the lagoon and its rich cultural heritage. Venice, its capital, attracts both tourists and investors due to its unique location in the lagoon and its rich cultural heritage.

Venetian Riviera

The resorts of the Venetian Riviera, such as Lido di Jesolo, Caorle, and Bibione, are popular destinations for buying and renting real estate. High liquidity and stable demand make this region attractive for investors.

Veneto Mountains

In the north of the Veneto lies the province of Belluno, famous for its mountains and ski resorts such as Cortina d'Ampezzo. resorts such as Cortina d'Ampezzo. This region attracts tourists and investors due to its unique natural beauty and high real estate prices.

Prospects for development

Despite the introduction of restrictions to protect the local population from excessive influence by foreign investors, the real estate market in Veneto continues to develop and represents a promising area for investment. Price stability and high demand for housing confirm the attractiveness of this region for global players in the real estate market.

Thus, the real estate market in the Veneto region continues to demonstrate resilience and attractiveness, remaining one of the key areas for investors interested in purchasing property in Italy.