Belluno

Belluno | Veneto

The Art of

Villa Living

View Photos Watch Film 360° VTour Open House

Elena Manzhos

Presented At

€1,950,000

Bedrooms

Bathrooms

Living

18,062

SQM

Fireplace

High Ceiling

Office

Garage

Parking

Garden

Balcony

Terrace

City View

Hilltop

Mountain View

Privacy

Panoramic / Scenic View

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32100

Belluno

Belluno | Veneto

32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy. , Belluno , Veneto

Historic and panoramic residence with park in Belluno

Welcome to Villa al Belvedere, a historic bishop’s residence that exudes timeless charm and unparalleled elegance. Built between 1711 and 1714, this magnificent property dominates the city of Belluno and the splendid Valbelluna, with the majestic Belluno Dolomites at its back. Here, history and landscape meet in perfect symphony, offering breathtaking views that enchant in every season.

An oasis of peace and natural beauty

Situated on flat land and surrounded by a lush park of about 2 hectares, Villa al Belvedere offers a haven of tranquillity and beauty. The property is bordered by elegant boundary walls, fences and majestic access gates that guarantee privacy and security. The elevated position with respect to the historical centre of Belluno is not just an architectural detail: it is a prestigious choice that offers a unique panoramic view, framed by the Pre-Alps, a privilege for a select few.

Historic and fascinating architecture

The work of architect Tremignon, known for his interventions in Venice in the Church of San Moisè and Palazzo Fini, is reflected in the perfect symmetry and elegance of the three architectural blocks that make up the complex: the central body, which juts out towards the south, and the two side barchesse. Splendidly frescoed by the famous Belluno painters Sebastiano and Marco Ricci in 1718, commissioned by Bishop Giovanni Francesco Bembo, Villa al Belvedere represents the pinnacle of country art and architecture of the period.

A place of rare beauty

The central body of the villa faces the valley on three sides, offering a 360-degree view sweeping from the city to the pre-Alps, while the lush greenery of the garden embraces the property. Villa al Belvedere has been inhabited continuously, preserving its historical essence thanks to a careful restoration in 1969, which has preserved its extraordinary architectural quality.

Versatility and unlimited potential

Today, the main building and the east barchessa are ready to be inhabited, while the west barchessa, which already has a project approved by the Superintendency of Fine Arts, can also be transformed into a luxury residence on request.

Villa al Belvedere is not just a residence; it is a journey through time, a living experience where the past meets the present, offering a refuge of unparalleled beauty. A unique opportunity to live the Italian dream, in a setting of history, art and nature.

Discover Villa al Belvedere and be enchanted by its history and unique view. Contact us for more information and to arrange an exclusive visit.

Exterior

Property

Gallery

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Property Location

32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy., Belluno Veneto

Local Weather & Climate

Belluno, Veneto

Current Conditions Updated recently

51 °F

Broken clouds

Feels Like 47°F

Humidity 28%

Wind 1 mph

Visibility 6.2 mi

Sunrise 4:53 AM

Sunset 5:37 PM

5-Day Forecast

Tue 31 Mar

Clouds

High 54°

Low 42°

Wed 1 Apr

Clouds

High 55°

Low 34°

Thu 2 Apr

Clouds

High 58°

Low 38°

Fri 3 Apr

Clouds

High 61°

Low 41°

Sat 4 Apr

Clear

High 59°

Low 41°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Belluno?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

€

Down Payment

€100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

Potential Tax Benefits (Italy)

€0 Est. First Year Interest Deduction

€0 Est. Annual Tax Savings

*Maximum €4,000 interest per year qualifies. Must be primary residence purchased within 12 months of loan.

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
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This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Italy. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Italy tax year 2025 (fiscal year: January-December). Tax laws change frequently and may have been amended since this data was compiled.

Tax Information Disclaimer

The tax benefit information displayed on this page is provided for general informational and educational purposes only. This information:

Does not constitute tax advice and should not be relied upon as such. Tax laws are complex and vary by jurisdiction, individual circumstances, and are subject to change without notice.
May not be current or accurate for your specific situation. Tax rules are updated frequently by governments, and the information shown may not reflect the most recent changes.
Uses simplified assumptions that may not apply to your circumstances, including filing status, total income, other deductions, alternative minimum tax considerations, and local tax variations.
Should not be used as the basis for any tax planning decisions or financial strategies without consulting a qualified tax professional licensed in your jurisdiction.

Before making any decisions based on potential tax benefits, you should consult with a qualified tax advisor, certified public accountant (CPA), or licensed tax professional who can evaluate your specific circumstances and provide advice tailored to your situation.

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$195,000,000

32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy.

Belluno, Veneto

10 Beds

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Market Opinion

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Our perspective on current market conditions in Belluno. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 3.5% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $195,000,000 20% down ($39,000,000)

Investment Perspective

$1 → $1.30

Every dollar invested today could become $1.30 in 10 years

$100 → 130 $1,000 → $1,298

$14,107/day

Your home may appreciate while you sleep

$99,022/week $429,096/mo $5,149,147/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$249K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential -4% advantage over stocks

-$107.3M

+$139.7M

$139.7M Potential Equity

vs $107.3M lost to rent over 10 years

$39.0M Down Payment Growth

3.6x

10yr

$139.7M

7.2x

20yr

$281.9M

10.9x

30yr

$426.2M

Wealth Comparison

×1,015

Equivalent to 1,015 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $426.2M

Time to Double Your Investment (accounting for market cycles)

60.5

years

Conservative

1.15% effective/yr

26.6

years

Market-Based

2.64% effective/yr

17.1

years

Optimistic

4.13% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $218.7M +12%

Market $253.1M +30%

Optimistic $292.2M +50%

$139.7M est. equity

20 Years

Conservative $245.3M +26%

Market $328.4M +68%

Optimistic $437.9M +125%

$281.9M est. equity

30 Years

Conservative $275.0M +41%

Market $426.2M +119%

Optimistic $656.3M +237%

$426.2M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy have?

This house at 32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy features 10 bedrooms with 18,062 square feet of living space.

What is the size of 32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy?

This property offers 18,062 square feet of living space.

What is the listing price for 32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy?

This property is listed at $195,000,000, which equals $10796 per square foot.

Is now a good time to buy a home in Belluno?

Based on current market indicators, Belluno shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 32100 Belluno, Province of Belluno, Italy, Belluno, Veneto, Italy?

This is a house located in Belluno, Veneto. The property is situated in an established neighborhood with convenient access to local amenities and services.