Homes Away From Home, August 2004Reflections of Venice...Prices in Venice are unlikely ever to go down, so buying there represents an excellent capital investment. If you buy the right property the rental return is good, with some apartments renting for up to 30 weeks a year. But if you are buying in central Venice, perhaps into a divine 15th century palazzo, you must take into consideration the ongoing maintenance and condominium costs, old palaces need constant attention and costs are shared between the residents. Buying in Venice proper is not for the faint-hearted, but if you do a lot of research, really study the market, and don’t let your heart rule your head, you can find the perfect place which will give you a good return, which will continue to appreciate in value, and which will allow you to enjoy Venice in the quieter times. Perfetto!... The article features several apartments from our Venice Estates and Real Estate and Giudecca Property websites. You can see this article in Homes Away From Home, August 2004. Website: www.homesawayfromhome.co.uk |
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