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Italy - Veneto

The region of Veneto has Venice for its capital and a population of nearly 5 million people, living in cities such as Verona. Around 8% of the population are expats, with most of these originating from Romania. Economic growth has led to the high levels of immigration. For a long time the region suffered due to people leaving for work in other areas. The area only became part of Italy in the 19th century and has its own Venetian language as well as Italian. The area has one of the highest levels of tourism in the country.

The region has several climates. The plains of the region have a continental climate, while it is much milder in other areas such as the Adriatic coast. For rainfall, the general rule is the higher the altitude the higher the level in both winter and summer.

The Italian government has actively promoted the country as the ideal place to retire to, although it should be noted that the cities of Venice and Verona are among the most expensive areas in the country. Areas further inland are proving to be very popular with those who are looking to give up work.

If you are looking to start your own business in Veneto then you may find a few different opportunities. There are numerous art galleries in the region, which has long been associated with art and culture and new galleries are opening all the time. Tourism in the cities offers other opportunities, with many hotels, tours and restaurants available. In cities such as Verona, there will also be existing businesses for sale.

Veneto has a number of hot spots for expats buying property and the main one has to be Venice. It is one of the busiest cities in the region, so it is not ideal for those who want a quiet life, but there is something that will appeal to everyone. With a large number of sought after districts, property prices in the city are very high, but there are some bargains to be found.

The district of San Polo is one of the oldest, with a market that dates back to the 11th century. The area has some houses and apartments, but these sell for very high prices. San Marco is the district which is probably the most famous in the city as it houses St Mark’s Square and the Basilica. Apartments in the immediate area are very expensive although most have excellent views.

The area of Dorsoduro has the most stable position in the city as well as the highest. This area is sought after as the property prices are lower than in other areas. Located just outside the city of Venice, the island of Murano is a popular destination for those who are interested in local trades and crafts and residential properties are expensive. Another option which is less expensive is the area of Cannaregio, the most northern part of Venice.

The city of Verona has a historic district as well as more modern ones. The historic district is quite a small area and dates back over 2000 years. Properties in this area are high in value but the area has everything needed for daily life, with shops and a lively night life. The modern district is filled with modern houses and apartment buildings and offers much more value for money. The area has a choice of schools and plenty of amenities for residents so is a good choice for families.

The Right Bank district of the city has a number of historical attractions and is closely associated with the story of Romeo and Juliet. Property prices in the area are on a par with the city’s average. The Left Bank district of the city is a mainly residential area and prices are lower than in the Right Bank district. There are some streets with bars and restaurants although most streets have houses and apartment buildings. The area has schools and leisure facilities so is a good district in which to raise a family and there are a number of streets which would appeal to retirees, but in some areas few properties have only a minimal amount of outdoor space.

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Bupa Global

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