Country Life International (Spring 2012)

Dearth in Venice? Hardly…

country‘Despite Italy’s economic woes and recent political upheaval, the second-home market in the Lagoon City remains in reassuringly good shape, reports Carla Passino.’ ‘Venice has always defied the odds. As a tiny city-state, it ruled over the eastern Mediterranean for five centuries, and held back foreign armies for 1,100 years. Today, La Serenissima is weathering the Eurozone crisis better than most of Europe. Even though its primary housing market is relatively limited, this consistent demand for second homes from a wide range of Italian and international buyers provides support, particularly at the upper end.’

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