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Real Estate in Venice, Italy | Expat Exchange
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Real Estate in Venice, Italy

Italian For A While
Italian For A While
Italian For A While
Italian For A While

By Betsy Burlingame

Last updated on Apr 07, 2024

Summary: People living in Venice, Italy offer advice about real estate. How do you find a home in Venice? Should you buy or rent? What is the cost of housing?

How do I find a place to live in Venice?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Venice, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a small apartment to a larger house, depending on your needs and financial situation. Next, you should research different neighborhoods in Venice to find one that suits your lifestyle and preferences. Some popular areas include San Marco, Dorsoduro, and Cannaregio. Each neighborhood has its own unique character and amenities, so it's important to visit them in person if possible. Once you've identified a few potential neighborhoods, you can start looking for available properties. There are several online platforms that list rentals and properties for sale in Venice, such as Idealista, Immobiliare, and Casa.it. These websites allow you to filter your search based on location, price, size, and other features. In addition to online listings, you might also want to consider hiring a real estate agent. They can provide valuable local knowledge, help negotiate prices, and guide you through the legal process of renting or buying a property in Italy. When you find a property you're interested in, arrange a viewing with the landlord or real estate agent. This is your opportunity to inspect the property, ask questions, and get a feel for the neighborhood. If you decide to proceed with a property, you'll need to negotiate the terms of the lease or purchase agreement. This will include the price, move-in date, and any other conditions. In Italy, it's common to pay a deposit of one to three months' rent. Finally, once the agreement is signed, you'll need to register your new address with the local authorities. This is usually done at the local town hall or police station. You'll need to bring your passport, the lease or purchase agreement, and proof of employment or income. Remember, finding a place to live in Venice can take time and patience, so it's important to start your search well in advance of your planned move date," said one person in Venice.

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What is a typical expat home or apartment like in Venice?

"A typical expat home or apartment in Venice, is often a blend of traditional Venetian architecture and modern amenities. These homes are usually located in historic buildings, with features such as high ceilings, exposed wooden beams, and terrazzo flooring. The living spaces are often compact yet efficiently designed, reflecting the city's high population density and limited space. Many apartments have large windows or balconies that offer stunning views of the city's canals, bridges, and historic landmarks. The interiors are typically furnished with a mix of classic Italian furniture and contemporary pieces, creating a comfortable and stylish living environment. The kitchen is usually small but well-equipped, with modern appliances and plenty of storage space. The bedrooms are often cozy and inviting, with comfortable beds and high-quality linens. The bathrooms typically feature Italian marble and high-end fixtures. Despite the historic nature of many buildings, most expat homes in Venice are equipped with modern conveniences such as air conditioning, heating, and Wi-Fi. Some apartments may also have access to shared amenities like a rooftop terrace or a private courtyard. Given Venice's unique geography, many expat homes are located within walking distance of local shops, restaurants, and cultural attractions. However, owning a car is not common due to the city's extensive network of canals, so most residents get around by foot, bicycle, or public water transportation. Overall, living in an expat home in Venice offers a unique opportunity to experience the city's rich history and culture while enjoying a comfortable and modern lifestyle," remarked one member in Venice.

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What is the average cost of housing in Venice?

If you are thinking about moving to Venice, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Venice can vary greatly depending on the location and size of the property. As of recent data, a property in the city center can cost around 4,000 to 7,000 Euros per square meter. However, in less central areas, the price can drop to around 2,500 to 3,500 Euros per square meter. For rental properties, a one-bedroom apartment in the city center can cost around 700 to 1,200 Euros per month, while the same outside the city center can cost approximately 500 to 800 Euros per month. Please note that these prices are subject to change and can fluctuate based on the real estate market," said one person in Venice.

Should I buy or rent a home in Venice?

If you have not spent a lot of time in Venice, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Venice, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Venice for a long period, buying a home could be a good investment. Owning a property in Venice can provide you with a sense of stability and the freedom to customize your living space. However, buying a home in Venice can be quite expensive, and the process can be complex, especially for foreigners. It also comes with additional costs such as property taxes, maintenance costs, and insurance. Therefore, you need to ensure that you have the financial capacity to handle these expenses. On the other hand, renting a home in Venice offers more flexibility. It's a good option if you're not planning to stay permanently or if you're unsure about your long-term plans. Renting can also be more affordable in the short term, as it doesn't require a large upfront investment. However, when you rent, you're not building equity in a property. You also have less control over your living space, as you need to follow the rules set by your landlord. In conclusion, both buying and renting a home in Venice have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and long-term plans before making a decision. Consulting with a real estate professional can also be helpful in making an informed decision," said one expat in Venice.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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