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Venice: dynamism of the purchase and rental demand for the prestigious and central areas

Posted: 4 January 2019

In the second half of 2018, the residential market in Venice continues to be stable, as shown by the 3rd 2018 Real Estate Observatory by Nomisma.

The market for used houses has suffered an average annual contraction of prices now close to zero (-0.1%).

The residential segment recorded good results especially on the rental side.

The rents increase, both on a half-yearly and annual basis: the average annual variation is equal to 1.5% and almost 3% in the centre and half-centre.

Average rental times also decreased, around 2.5 months in all urban areas.