Venice is a city in northeastern Italy and the capital of the Veneto region, with a population of 270,000. It is built on a group of 118 small islands that are separated by canals and linked by over 400 bridges.
Venice is situated on the Adriatic coast in northern Italy, bordering the Venetian Lagoon and the Gulf of Venice. The city is located at the north end of the Italian Riviera and has a historic quarter that is largely intact.
The city is renowned for its art, fashion, architecture, and historic monuments. It is one of the most beautiful and oldest cities in the world, and it was declared a World Heritage List by UNESCO in 1987.
The main areas in Venice are the Grand Canal, St. Mark's Square, and the Rialto Bridge.
The Grand Canal is a canal, which forms one of the major waterways of the city. It is the largest canal in Italy.
The St. Mark's Square is a large public square in Venice, Italy. It is one of the city's most popular tourist destinations. The square is dominated by the Basilica di San Marco, the Doge's Palace, and the Campanile.
The Rialto Bridge is the oldest and most well-known of the four bridges spanning the Grand Canal in Venice. It is the main thoroughfare connecting the districts of San Marco and San Polo, and is one of the most recognizable landmarks in the city.
There is a new boom in the luxury real estate market in Venice, Italy, following the outbreak of COVID-19.
The real estate market in Venice is experiencing a dramatic revival since the end of lockdown. The city’s real estate market is becoming very attractive to potential buyers, which can be clearly appreciated in terms of the increased number of transactions in the final quarter of 2020, when the city saw a surge in the purchase of luxury properties. In fact, in that year, the luxury market in Venice saw the highest volume of transactions in the Italian region, with the top-selling properties all located within the exclusive area of Giudecca.
Venice has an exceptional real estate market. The city is one of the oldest and most prestigious in Europe, with a reputation for sophistication, glamour, art and culture. The number of luxury properties for sale in the city continues to grow at an impressive rate, mainly thanks to the arrival of several new buyers looking to invest in the city.
This trend is confirmed by the high level of interest in the city of Venice on the international market. In 2019, a record number of international buyers visited Venice, and the number of foreigners purchasing property has significantly risen in 2020.
The cost of a luxury home in Venice can vary greatly depending on the size, location, and amenities of the home. Luxury homes in Venice start at around $1 million and can go up to $20 million or more.
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