Verona lovers from the U.S. and Canada are increasing significantly, so much so that they decide not only to come here on vacation but even to buy homes. Perhaps attracted by the beauty on the banks of the Adige River, by visits to the Valpolicella wineries in the hinterland or in the Lessini mountains, several North Americans have begun to enter the Verona real estate market to buy homes, which tend to be luxury and to live in for the vacations. Certifying the approach of U.S. and Canadian visitors to yellow-blue real estate (the city’s institutional colors) is Fimaa (Italian Federation of business agents brokers). For some time now, foreigners, especially Germans and Austrians, have been taking up residence in the city, as well as on Lake Garda, but the overseas clientele is a novelty, which has become more pronounced in the post-Covid era after tourist flows have picked up. The preference goes to the historic center because this type of clientele likes to live within walking distance of the most well-known monuments. The choice generally falls on value proposals, which on average range from 500 thousand to one million euros, and on large spaces, over 150 square meters, to allocate to family or to keep as a use of capital. Sometimes to be earmarked for tourist rentals or short leases. Some examples in figures? In the historic center, a 175,000-euro one-bedroom apartment yields 4.6% gross annually because it can be rented at 670 euros per month. A return to real estate investment can also be seen in other areas near the “Ztl” – restricted traffic zone – such as Cittadella, San Zeno and Valverde. The latter is the area that performs best, next to Porta Nuova, in a position connecting downtown and the station. Here a one-bedroom apartment costs about 133,000 euros and can be rented for 600 euros a month, with a gross annual yield of 5.4 percent.
January 15th, 2025, 16:16
- Epiphany celebrations in Verona with La Befana del Vigile and HappyFaniaVerona is preparing for a weekend of events and entertainment to celebrate the Epiphany, bringing historic traditions and family-friendly activities to the city on January… Read more: Epiphany celebrations in Verona with La Befana del Vigile and HappyFania
- Veneto the most “plastic free” Region in Italy thanks to thousands of volunteersIn 2024, the commitment of Plastic Free Onlus volunteers in Veneto produced extraordinary results: as many as 98,846 kilograms of plastic and rubbish were removed… Read more: Veneto the most “plastic free” Region in Italy thanks to thousands of volunteers
- In Nogara, province of Verona, multilingual waste video guideEsa-Com, a public company based in Nogara that deals with integrated waste management in the southern basin of Verona, is launching a multilingual video guide.… Read more: In Nogara, province of Verona, multilingual waste video guide
- The 2025 Giro d’Italia and its stages in Veneto
- In Nogara, province of Verona, multilingual waste video guide
- Verona: the Battle of the North and its connection to powerlifting
- “ALIS New World” brings the wonders of cirque to Verona for the first time
- ROCO winery expands with the acquisition of Marsh Estate in Oregon
- Verona: the Battle of the North and its connection to powerliftingThe world of powerlifting is gearing up for a major event in Verona: the Battle of the North, taking place on February 22-23, 2025, at the Centro… Read more: Verona: the Battle of the North and its connection to powerlifting