Authored by the expert who managed and guided the team behind the Italy Property Pack
Yes, the analysis of Venice's property market is included in our pack
Where are the best places to invest in Venice right now? Is the historic center still the top pick, or are areas like Cannaregio, Dorsoduro, and Giudecca gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with local real estate agents, property managers, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Venice and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Marghera is attracting investors with its industrial redevelopment projects promising future growth and higher property values
Marghera is becoming a hotspot for investors, thanks to its exciting industrial redevelopment projects.
One standout project is the Venice LNG Import Terminal, which has secured approval from Italian regulators and attracted over €100 million in private investment. This terminal isn't just a local affair; it has backing from the North Adriatic Sea Port Authority and the European Commission, showing strong financial support and international interest.
In 2023, residential property prices in Porto Marghera nudged up by 1.7%, reaching an average of €1,840 per square meter. This uptick is notable because it bucks the trend of a generally sluggish Italian housing market, hinting at a positive outlook for the area. The ENI refinery's shift to biofuel production under the Horizon 2020 Biofit initiative is another feather in the cap, underscoring government backing for sustainable industry and boosting investor confidence.
There's a noticeable shift in real estate demand towards the South, including Porto Marghera, which suggests a growing interest in both residential and commercial properties. The financing for the LNG terminal, with co-financing by the European Commission, highlights the increased interest from international investors in the region's industrial redevelopment.
These projects are not just about local development; they are part of a broader strategy to revitalize the area, making it a more attractive place for both living and business. The combination of government support, international investment, and sustainable development initiatives is creating a buzz around Marghera.
With these developments, Marghera is positioning itself as a key player in the region, offering promising opportunities for those looking to invest in property. The ongoing projects and rising property values are clear indicators of the area's potential for growth.
Sources: Riviera Maritime Media, Biofit H2020, Global Property Guide
2) Mestre is gaining interest for its proximity to Venice and affordable housing, appealing to commuters and first-time buyers
Mestre is becoming a hot spot for property buyers thanks to its proximity to Venice and more affordable housing.
In 2023 and 2024, Venice's property prices averaged €3,255 per square meter, while Mestre offered a more budget-friendly option at €1,856 per square meter. This significant price difference makes Mestre an appealing choice for those wanting to own property without overspending.
Mestre's location is a major draw. It's well-connected to Venice via public transport, making it perfect for commuters who work in Venice but want to live somewhere cheaper. This easy access has naturally increased demand for housing in Mestre, as more people opt to live there while working in Venice.
First-time buyers find Mestre particularly attractive due to its affordability compared to Venice. They often look for cost-effective options close to job centers, and Mestre fits the bill. The area is seeing new residential projects, indicating ongoing investment and interest, suggesting that Mestre is on a growth trajectory.
For those working in Venice, living in Mestre offers a balance of affordability and convenience. The commute is straightforward, and the savings on property costs are substantial. This makes Mestre a smart choice for anyone looking to buy property near Venice without the hefty price tag.
With its growing popularity, Mestre is not just a suburb but a thriving community with its own charm. The combination of lower prices and easy access to Venice makes it a prime location for both commuters and first-time buyers.
Sources: Real Estate Market in Mestre, Chirignago, Marghera, Catene, Real Estate Market in Venice
We made this infographic to show you how property prices in Italy compare to other big cities across the region. It breaks down the average price per square meter in city centers, so you can see how cities stack up. It’s an easy way to spot where you might get the best value for your money. We hope you like it.
3) Lido di Venezia is booming with its beachside appeal, attracting vacation home buyers and those seeking tourist rental income
Lido di Venezia is a hot market thanks to its stunning beachside location.
Property prices here are on the rise, with the average residential property now costing €3,802 per square meter as of November 2024. This marks a 3.26% increase from December 2023, showing just how much demand there is for homes in this beautiful area.
Vacation homes are particularly popular, fueled by a booming vacation rental industry. In 2023, this industry had a market share of $64 billion, and it's only expected to grow. People are looking for places with pet-friendly options and modern amenities, making Lido di Venezia a top choice for vacation home buyers.
The rental market is also thriving, with rental prices jumping by 12.28% from September 2023 to September 2024. This indicates high occupancy rates and a strong demand for short-term rentals, offering a great opportunity for those interested in earning rental income from tourists.
With its picturesque beaches and growing rental market, Lido di Venezia is attracting both vacation home buyers and investors looking for rental income. The area’s appeal is undeniable, making it a prime spot for property investment.
Sources: Immobiliare.it, Safely.com
4) Murano is attracting buyers with its unique glass-making heritage and cultural investment opportunities
Murano is seeing a surge in demand for its unique glass-making heritage, attracting buyers interested in cultural and artistic investment properties.
With property prices in Venice on the rise, many are turning their attention to Murano, known for its renowned glass-making traditions. This shift is not just about finding a home; it's about investing in a piece of cultural history. Murano's glass-making heritage offers a unique blend of art and tradition that is hard to find elsewhere.
Events like Venice Glass Week have been pivotal, drawing in 75,000 to 91,000 visitors annually to Murano. These gatherings are more than just exhibitions; they are celebrations of the island's rich cultural tapestry. The success of these events has sparked a wave of art and cultural activities centered around Murano glass, making it an even more attractive destination for art lovers.
The global art glass market is booming, with a market size of USD 3.54 billion in 2022 and expected to grow significantly. This growth reflects a worldwide interest in cultural and artistic investment properties, and Murano glass is at the heart of this trend. The island's glass art pieces are in high demand, appealing to both local and international buyers.
Murano's appeal is not just about its glass; it's about the experience and the story behind each piece. Buyers are not just purchasing art; they are investing in a legacy. This makes Murano an ideal spot for those looking to combine cultural appreciation with smart investment.
As the global market for art glass continues to expand, Murano stands out as a beacon of tradition and innovation. Its glass-making heritage is not just surviving; it's thriving, drawing in a new generation of investors eager to be part of its story.
Sources: Original Murano Glass, Artsy, Cognitive Market Research
5) San Polo is gaining attention for its historic charm and rising property values driven by boutique hotels
San Polo is buzzing with interest thanks to its historic charm and a rise in boutique hotels.
In 2023, the average price for homes in San Polo hit €4,979 per square meter, and it stayed strong in 2024 at €4,903 per square meter. This shows a stable market, even with a slight dip in prices. Local real estate agents are seeing more people wanting to buy here, and they say it's all about the area's old-world charm.
The trend of opening new boutique hotels in Venice is part of a global shift towards unique travel experiences. These hotels are popping up in San Polo, adding to its appeal and pushing property values higher. Tourists love the historic vibe, and this is drawing more attention to the area.
In 2023, Venice welcomed 5.7 million tourists, many of whom flocked to historic spots like San Polo. This tourist boom is great for the local economy and is a big reason why property values are climbing. The media often highlights San Polo's charm, which keeps the interest alive among visitors and investors.
With more tourists and investors eyeing San Polo, the area is becoming a hot spot. The historic allure combined with the modern twist of boutique hotels is a winning combo. It's no wonder property values are on the rise.
San Polo's mix of history and new hotel openings is making it a prime location. The buzz around this area is real, and it's reflected in the steady property prices and growing interest.
Sources: Immobiliare.it, Statista, Grandviewresearch
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6) Cannaregio is gaining interest for its affordable rentals, attracting young professionals away from tourist-heavy areas
Cannaregio is the go-to spot for young professionals seeking affordable rentals in Venice.
In 2023 and 2024, property prices in Cannaregio were slightly lower than in other districts, yet they showed growth, making it a smart choice for those looking for value. The area is buzzing with local businesses and co-working spaces, adding to its charm.
The rental market here is thriving, with average rental prices in Venice around €14.43 per square meter in late 2024. Cannaregio offers a range of rental prices, catering to different budgets and making it a magnet for young professionals who appreciate its authentic vibe.
Compared to the tourist-heavy San Marco, Cannaregio offers more affordable rental options. For example, rental prices in Cannaregio range from €70 to €450, while in San Marco, they range from €80 to €750. This affordability, along with the area's unique character, is a big draw.
Young professionals are flocking to Cannaregio for its less touristy atmosphere and the convenience it offers. The presence of local businesses and co-working spaces supports a vibrant community, making it an ideal place to live and work.
With its growing popularity, Cannaregio is becoming a hot real estate market for those seeking a balance between affordability and lifestyle. The area's unique charm and convenience continue to attract a younger crowd.
Sources: Wheresleep, Fodors Travel Guide, Engel & Völkers
7) Dorsoduro is gaining interest for its vibrant arts scene and high rental yields from tourist accommodations
Dorsoduro is turning into a prime spot for investors thanks to its lively arts scene and promising rental returns.
Imagine strolling through Dorsoduro, where art galleries and cultural events are popping up everywhere. This vibrant atmosphere is a magnet for tourists and art lovers, making the area a cultural hub in Venice. The buzz around these activities has caught media attention, further boosting Dorsoduro's allure.
With all this excitement, it's no surprise that property prices in Dorsoduro are on the rise. The area is becoming one of Venice's most desirable neighborhoods, attracting those who want to be part of its artistic vibe. Investors are keen to get in on the action, seeing the potential for growth.
One of the biggest draws for investors is the high rental yields from short-term tourist accommodations. As of 2024, there are about 1.1K properties available for rent, and they’re often booked solid. Tourists love staying in places rich with culture, and Dorsoduro fits the bill perfectly.
Rental prices start at an average of €29 per night before taxes and fees, showing strong demand for short-term stays. This demand is fueled by the area's cultural offerings, making it a top choice for visitors who want an authentic Venetian experience.
Investors are taking note of Dorsoduro's potential, drawn by the promise of high returns and a thriving arts scene. The combination of cultural richness and rental opportunities makes it a compelling choice for those looking to invest in Venice.
Sources: Airbnb, Campaign for a Living Venice
8) Giudecca is attracting interest for its waterfront properties with rising demand from international buyers seeking unique investments
Giudecca's waterfront properties are catching the eye of international buyers seeking unique investment opportunities.
These properties are becoming more desirable due to upcoming urban regeneration projects and better public transport access. Picture vibrant, spacious flats with stunning sea views, fully restored to attract high-end buyers. The luxury property market in Venice is strong, with high demand for exclusive spots like Giudecca, which helps boost prices.
Real estate agencies are buzzing about the growing interest in Giudecca's waterfront homes. Their unique aesthetic appeal and recreational perks are a big draw. Investors are increasingly interested in places with cultural and architectural significance, like Giudecca, which attracts high-net-worth individuals.
Imagine living in a place where history and modern luxury meet. Giudecca offers just that, with its rich cultural backdrop and stunning architectural beauty. It's no wonder that more and more people are looking to invest here.
For those in the know, Giudecca is a hidden gem. Its charm and potential for growth make it a smart choice for anyone looking to invest in Venice's real estate market. The area is not just about beautiful views; it's about being part of a vibrant community with a promising future.
As Giudecca continues to evolve, its appeal only grows. The combination of historic charm and modern amenities makes it a unique place to call home or invest in. With the right timing, investing in Giudecca could be a rewarding decision.
Sources: Borgen Project, Vaster Blog, Waterfront Portfolio
We created this infographic to give you a simple idea of how much it costs to buy property in different parts of Italy. As you can see, it breaks down price ranges and property types for popular cities in the country. We hope this makes it easier to explore your options and understand the market.
9) Santa Croce is gaining interest for its central location and property appreciation potential with ongoing infrastructure improvements
Santa Croce is becoming a hot spot for property buyers, thanks to its central location and rising property values.
In recent years, property prices in Santa Croce have been climbing, with the average price hitting €4,903 per square meter in November 2024. This upward trend is fueled by its prime position in Venice, one of the city's six historic districts, offering a mix of bustling attractions and serene spots.
Santa Croce's charm lies in its unique blend of vibrant life and quiet corners, making it a magnet for both locals and tourists. This dual appeal is driving up real estate demand, as more people look to invest in this picturesque area.
Adding to its allure, infrastructure projects like the MOSE initiative are set to enhance the district's appeal. This project, aimed at protecting Venice from flooding, is expected to be completed by 2025, potentially boosting property values as it improves city connectivity and accessibility.
With these developments, Santa Croce is not just a place to live but a smart investment opportunity. As the area becomes more accessible and protected from environmental challenges, property appreciation is likely to continue.
For those considering a move or investment, Santa Croce offers a promising blend of culture, convenience, and future growth potential, making it a top choice in Venice's real estate market.
Sources: Immobiliare.it, ArchDaily, Venicexplorer.com
10) Torcello is gaining interest for its exclusive, tranquil properties and potential for unique luxury developments away from tourist crowds
Torcello is catching the eye of niche buyers who crave exclusive and peaceful properties.
Italy's luxury real estate market is booming, with international buyers on the hunt for unique and exclusive residences. Torcello, with its historical charm, fits the bill perfectly. The island offers a serene escape, far from the usual tourist spots, making it a prime location for those seeking tranquility.
Recently, there's been a noticeable shift in tourist behavior. More people are venturing to lesser-known Venetian islands like Torcello, seeking a break from the crowded hotspots. This trend is fueling interest in Torcello's real estate, as buyers look for properties that promise peace and exclusivity.
Real estate agents are buzzing about the growing interest in Torcello. They report that niche buyers are particularly drawn to the island's serene environment and potential for unique luxury developments. The island's natural beauty and tranquility are major selling points, often highlighted in media coverage.
With its lush landscapes and historical allure, Torcello is ripe for luxury developments. Buyers are not just purchasing a property; they're investing in a lifestyle that offers peace, exclusivity, and a touch of history. This makes Torcello a unique gem in the Italian real estate market.
As more people discover Torcello's charm, the island is becoming a sought-after destination for those who value privacy and luxury. The potential for unique luxury developments is drawing in buyers who want something different from the typical tourist experience.
Sources: Mordor Intelligence, Lotz in Translation, Luxury Real Estate
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.