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Island for sale in Venice, Italy

Venice, Italy
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    Island for sale in Venice, Italy

    Description

    This is an unique opportunity for developers and real estate investors to buy an island available in the Venice area. The island was home to a monastery in the 11th century.

    The island offers a unique opportunity to redevelop approximately 3,500 sqm of existing buildings, it also offers an additional 4,500 sqm of new construction.

    The Island is a ten-minute boat ride from San Marco Square and close to Giudecca and Lido. The island has a rich cultural history that dates back to the XII century when the island was the seat of a monastery. This island has an unique charm, it attracted many ambassadors, diplomatic delegations, royal families and noble travellers.

    Keypoints

    • 10 Min. from “Piazza San Marco” (Downtown Venice)
    • Space for 30000 sqm building with 100 appartments and around 70 places for boats
    • Building Plan for 5 Stars Hotel with 90 rooms already approved

     

    Basic Details

    Target Price:

    €15,000,000

    Gross Revenue

    TBD

    EBITDA

    TBD

    Business ID:

    L#20210148

    Country

    Italy

    State:

    Venice

    City:

    Venice

    Detail

    Business ID:L#20210148
    Property Type:Island
    Property Status:For Sale
    Target Price: €15,000,000
    Gross Revenue:TBD
    EBITDA:TBD
    Target Price / Revenue:INFx
    Target Price / EBITDA:INFx
    Reason for Selling:Disinvestment
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      This is an unique opportunity for developers and real estate investors to buy an island available in the Venice area. The island was home to a monastery in the 11th century.

      The island offers a unique opportunity to redevelop approximately 3,500 sqm of existing buildings, it also offers an additional 4,500 sqm of new construction.

      The Island is a ten-minute boat ride from San Marco Square and close to Giudecca and Lido. The island has a rich cultural history that dates back to the XII century when the island was the seat of a monastery. This island has an unique charm, it attracted many ambassadors, diplomatic delegations, royal families and noble travellers.

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