investing in venice, the deal of luxury homes to rent to tourists

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Foreign investors are to have a monopoly on the business in the luxury real estate market in Venice: about 70% of buyers are of foreign origin, but only a quarter of the Purchased property is intended for private use. As many as 75% of buyers are buying it for investment: the prestige apartments in the historic center are a great holiday thanks to the economic rent rent, Which can to get covered in rate of return of 8.10%, sometimes even beyond. Among the foreign investors who Venezia, a good 25% is made by the British, Although the Uncertainties related to Brexit could lead to considerable variations in the near future. Very interested in buying in the capital of Veneto are the French, the Germans, and to a lesser extent Americans, Dutch, Swiss and Belgians. Most residential areas in Venice in the luxury segment are San Marco, Dorsoduro and San Polo. House prices in San Marco area, the heart of the city and major tourist attraction, Totaled between € 5.850 / sqm for the valuable buildings in good condition and € 6.750 / sqm for the valuable buildings in excellent condition, with peaks touch the € 10,000 / sqm for the most exclusive properties. San Polo neighborhood, the homes of the first band ranging from € 4.950 / sqm to € 5.760 / sq m, with peaks That can reach a maximum of € 9,000 / sq m. A Dorsoduro East the mid-range properties are currently to € 5.300 / sq m, while you climb to € 6.100 / sq m for housing the most valuable. Quieter and less expensive on the Cannaregio district, north of the Grand Canal, where prices range between 4,000 and € 5,000 / sqm. On Luxforsale you can find an exclusive selection of luxury properties in the historic center of Venice and other areas of interest.
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