Market

Venice: the market for private islands continues – Crevan is up for sale

4' min read

Translated by AI
Versione italiana

4' min read

Translated by AI
Versione italiana

A private island in the Venice Lagoon, featuring a Napoleonic-era fort converted into a residence, with Burano and Torcello on the horizon. This is Crevan, 5,700 square metres of land and greenery in the Northern Lagoon, now on the market through Lionard Luxury Real Estate. The price has not been disclosed.

The property comprises a fortified building measuring 215 square metres, now used as a residence, an internal canal and two private landing stages. The fort has four main rooms and two bathrooms, and is equipped with running water, electricity, heating and air conditioning.

Loading...

Situated some seven kilometres from Venice, the island’s history is closely linked to the military events of the Lagoon. The redoubt dates back to 1806 and formed part of the defensive system built during the Napoleonic era; the structure was subsequently expanded under Austrian rule and continued to serve a military purpose even after the annexation of Veneto to the Kingdom of Italia in 1866.

After passing into private ownership and being converted for residential use, Crevan has been the subject of a restoration project since 1996. According to documentation provided by the company handling the sale, planning regulations would also allow for the incorporation of certain existing ancillary structures, including the caretaker’s accommodation, thereby increasing the living space of the residence.

The precedent set by the other Venetian islands

However, Crevan’s arrival on the market is part of a much broader story in the property sector. The fate of the smaller islands in the Lagoon has for decades been one of the most sensitive issues in the relationship between Venice, public assets, property investment and tourism.

Not all projects are comparable: Crevan is already privately owned and is being proposed as a residence, not as a future resort. However, its arrival on the market inevitably draws attention back to what has happened elsewhere, where former public, healthcare or religious buildings have been restored through private investment and, in several cases, converted into luxury accommodation.

This has happened, amongst other places, in San Clemente, where the former convent – which later became a hospital – has been converted into a luxury hotel, and in Sacca Sessola, the artificial island that once housed a large respiratory hospital and is now home to the JW Marriott Venice Resort.

Sacca Sessola itself offers one of the most emblematic examples of the tension between commercial development and local identity. The island has been promoted to tourists as the ‘Isola delle Rose’: in 2017, a campaign by local residents and organisations protested against the replacement of the historic place name on Google Maps, and succeeded in having it restored. This may appear to be a purely nominal dispute, but it is indicative of the widespread fear in parts of the city that tourism-driven development could alter not only the accessibility but also the identity of the lagoon islands.

Poveglia: the battle against privatisation

The most emblematic case, however, remains Poveglia. When, in 2014, the State Property Office attempted to award the island under an extremely long-term concession, a group of Venetians launched a campaign to keep it in public ownership.

The battle lasted more than ten years. In 2025, the State Property Agency finally granted the ‘Poveglia per tutti’ association a six-year lease on the northern part of the island, where there are plans to create an urban lagoon park open to the public and dedicated to the protection of biodiversity.

Loading...

The matter, however, is not yet settled. The State Property Agency itself has made it clear that, for the restoration and future management of the whole of Poveglia, it aims to involve both public and private bodies through development and partnership projects.

It is here that one of the central issues in the Venetian debate comes to the fore: on the one hand, there are islands with abandoned historic buildings, the restoration of which requires substantial investment; on the other, there is the fear that the solution will systematically result in high-end accommodation facilities and spaces being taken away from the everyday use of local residents.

Ca’ Roman: the latest protests

The issue resurfaced in the summer of 2026 at Ca’ Roman, on the southern tip of Pellestrina. Here, a property development project envisages 77 holiday homes on the site of a former seaside holiday camp, close to the nature reserve managed by Lipu.

Citizens and environmental organisations have rallied against the project, and an online petition has gathered over 40,000 signatures. The Venice branch of the WWF has expressed serious concern about the potential impact on the oasis’s ecosystem.

The developers, however, reject the accusation of speculation. According to Ca’ Roman srl, the project would involve an investment of around 40 million euros, and the new buildings would, overall, have a volume slightly smaller than that of the derelict buildings of the former settlement that would be demolished. Over the years, the project has undergone a lengthy administrative and legal process and has been amended compared with previous versions.

This controversy highlights just how difficult it is to reduce the issue to a simple dichotomy between conservation and development. The issue also concerns **what kind of development** is compatible with a fragile environment such as the lagoon, and what balance should be struck between economic interests, heritage restoration, environmental protection and public access.

Copyright reserved ©
Loading...

Brand connect

Loading...

Newsletter RealEstate+

La newsletter premium dedicata al mondo del mercato immobiliare con inchieste esclusive, notizie, analisi ed approfondimenti

Abbonati