The newspaper of Italy, seen from abroad
La Veduta — giornale di idee, cultura e affari
Inaugural Edition № 1
Back to the edition

OPINION

The island as commodity

Editorial Board396 wordsEdition96Thursday, 27 August 2026 — Edition № 96

The Guardian reports that Crevan, an island in the Venice lagoon smaller than a football pitch, is up for sale. It boasts a Napoleonic fort, lush gardens, and what the listing describes as a 'spectacular view' of Venice. The price, we are told, is strictly under wraps — a discretion that speaks volumes about the nature of such transactions. An 'enchanting oasis of peace and beauty' is now a commodity, like a painting or a vintage automobile.

There is nothing new in wealthy foreigners acquiring fragments of Italy. The British have been buying Tuscan farmhouses since the Grand Tour; Americans have claimed palazzos in Venice for over a century. But Crevan's sale feels different, more emblematic. A fortified island in the lagoon — a place that once guarded the maritime republic against invaders — now guards nothing but the privacy of its prospective owner. The fortification has become a gated community.

We might pause to consider what this reveals about the international framing of Italy as a repository of beauty for the world's enjoyment. The New York Times this week celebrates the 'overlooked' coast of Calabria, inviting travellers to discover a region 'teeming with traces of past civilizations.' There is a benevolent impulse in such coverage, a desire to share what Italy offers. But there is also a subtle transformation: heritage becomes a resource to be extracted, and places become destinations rather than homes.

The Venetian lagoon has always been a liminal space, neither quite land nor sea, neither fully preserved nor entirely surrendered to change. Crevan's sale is a reminder that this ambiguity now extends to ownership itself. When a Napoleonic fort can be purchased like a holiday villa, the line between stewardship and possession blurs. We do not pretend to have an answer, only to note the question: at what point does a nation's patrimony become a private luxury?

Perhaps the island's new owner will prove a conscientious custodian, preserving its fort and gardens for future generations. Perhaps not. The opacity of the transaction offers little reassurance. In the meantime, the lagoon continues its slow dance with the tides, indifferent to the contracts signed above its waters. Venice has survived empires, plagues, and the tourist trade; it will likely survive this too. But the sale of Crevan marks another small step in the commodification of a place the world insists on loving to death.

Share
The island as commodity — La Veduta