The Wide World of Real Estate September 27, 2024

Coldwell Banker Around the World: September 2024 – The Alpine Village Canazei, a Perfect Place for a Cozy Winter Adventure in the Dolomites region of Italy

Kait McMurdo       September 16, 2024

It has come to my attention that quite often, I tend to highlight tropical getaways or beachy islands, places where this winter-weary New Yorker fantasizes about spending time in the gloomy, dark months soon to come. I would be remiss, however, to neglect one of the best winter alternatives to being a snowbird, and that is to engage with winter head-on and head to a place where you can enjoy the weather for all its picturesque beauty and activities it can offer, and where else could one do better than the Italian Alps? Specifically, we are venturing this month to Canazei, a small Alpine village in the Dolomites. As the Broker-Owner Riccardo Nemela of Coldwell Banker Dolomites explains, “The Val di Fassa, located in the heart of the Dolomites, offers a unique blend of natural beauty and rich history. The region is part of a UNESCO World Heritage site, renowned for its dramatic mountain scenery, including the Sella Massif and Marmolada Glacier.” Nemela continues, “This alpine area is not only a hub for outdoor activities like skiing, hiking, and climbing but also a center of Ladin culture, with traditions that have been preserved for centuries. The local economy thrives on tourism and agriculture, yet it maintains a peaceful, rural charm that draws visitors year-round.”

Beyond visiting or vacationing in Canazei, Riccardo Nemela also thinks it’s worth considering as an investment. Nemela offers, “buying a property in Canazei is more than just investing in real estate—it’s securing a piece of an extraordinary lifestyle. The town’s proximity to world-class ski resorts, the Sellaronda ski circuit, and breathtaking alpine landscapes make it an ideal location for nature lovers and outdoor enthusiasts.” Mr. Nemela emphasizes, “Canazei’s preserved Ladin culture, and its serene, year-round beauty provide a peaceful retreat. Whether as a vacation home or permanent residence, owning property here offers unparalleled access to the natural wonders of the Dolomites, combined with a unique cultural heritage.”

Those so inclined can spend their days downhill skiing, while others can enjoy the breathtaking views from indoors while enjoying the incredible cuisine, with a mix of Italian and Austrian influences. There is also the unique Ladin influences, as the Ladin culture is specific to the Dolomites and extends its history to the tribes of the Roman empire. Impressively, it is still an official language of South Tyrol with 4% of the population speaking the language. Such a special place, nestled in breathtaking scenery, and home to Coldwell Banker Dolomites. Continue reading to learn more about Canazei and why you might want to add it to your travel list.

Where do you live? I live in Canazei, a delightful alpine haven nestled within the Val di Fassa in northern Italy, embraced by the majestic Dolomites, a UNESCO World Heritage treasure. Renowned for its breathtaking natural splendor, Canazei beckons outdoor adventurers, particularly those enchanted by skiing, snowboarding, hiking, and the art of mountaineering.

What is the perfect weekend day like? A perfect weekend day in Canazei blends adventure, relaxation, and immersion in the beauty of the Dolomites. It starts with a morning hike or ski in the Dolomites, followed by a leisurely lunch at a mountain huts, enjoying traditional Italian cuisine. The afternoon might include exploring the town’s picturesque streets or relaxing at a spa, and the day concludes with a sunset view over the mountains and a cozy dinner at a local restaurant.

What are the common modes of transportation there? In Canazei, people typically move around by car or public transportation such as buses. There are also cable cars and ski lifts that provide easy access to the surrounding mountains, making it convenient for outdoor activities like skiing and hiking. 

Tell us about the foods your area is known for. Canazei is known for its distinctive mountain cuisine, which reflects the blend of Italian, Austrian, and Ladin influences. The food here is hearty, using local ingredients like potatoes, cheese, cured meats, and wild game, all tailored to the rugged alpine environment. Some of the signature dishes and foods you’ll find in Canazei are “polenta”, a staple of the region, made from cornmeal and served as a side dish or main course; “canederli” are large bread dumplings, often mixed with speck (smoked ham), cheese, or spinach. They are typically served in a hearty broth or with butter and sage. These dumplings are a comforting dish, perfect for the cold mountain climate; “speck” a smoked, cured ham that is a specialty of the Trentino-Alto Adige region. It has a distinct smoky flavor and is often sliced thin and served with bread as an appetizer or used in other dishes like canederli. The cuisine of Canazei beautifully captures the alpine spirit, blending heartiness with rich flavors, making it an essential part of any visit to this mountain town. Whether you’re refueling after a day of skiing or simply enjoying a leisurely meal, the food here offers an authentic taste of the Dolomites.

What is your favourite meal, at home or at a restaurant? My favorite meal is a traditional dinner of polenta with venison stew, enjoyed at one of the local mountain huts. The rich flavors of the game meat, paired with the simplicity of polenta, are a true taste of the Dolomites.

Where do you recommend someone vacation in your region and why? I highly recommend a visit to the Sella Ronda, a circular route around the majestic Sella Massif, one of the most stunning mountain formations in the Dolomites, a UNESCO World Heritage site. One of the major draws of the Sella Ronda is its well-organized infrastructure. The ski lifts and trails are well-maintained, making it easy to complete the full circuit in a day, even if you’re not a professional skier or hiker. The views of jagged peaks, dramatic cliffs, alpine meadows, and snow-capped mountains are simply unparalleled. Whether skiing or hiking, you’re constantly surrounded by breathtaking scenery. It offers breathtaking views, challenging slopes for skiing enthusiasts, and in summer, it transforms into a paradise for cyclists and hikers. The natural beauty of the region is simply unparalleled.

What is your favourite recreational or leisure time activity? In the embrace of winter’s chill, skiing captivates my spirit, while the sun-kissed days of summer beckon me to hike. The majestic Dolomites stand as a breathtaking canvas for both pursuits, unveiling a treasure trove of nature’s splendor waiting to be discovered.

Is there a specialty your area is known for? The region is known for its artisanal woodcrafts and traditional Ladin textiles. These crafts reflect the deep cultural roots of the area and are cherished both locally and by visitors.

Share a little known but interesting fact about the area/region: A lesser-known fact about Canazei is that it’s home to the Ladin people, an ethnic group with its own distinct language and traditions, which have been preserved for centuries in this remote mountain region.

Despite being located in Italy, Canazei and the surrounding Val di Fassa region preserve this ancient linguistic and cultural heritage, which dates back to Roman times. The Ladin people have their own distinct traditions, festivals, and cuisine, which can be seen in the town’s architecture, local customs, and culinary specialties. The preservation of Ladin culture is particularly remarkable because Ladin is considered a minority language, yet it has survived through centuries of political and cultural changes.

Visitors can explore this cultural legacy by attending Ladin festivals, visiting museums dedicated to Ladin heritage, and hearing the language spoken in daily life. This deep cultural identity sets Canazei apart from other alpine towns, offering a unique glimpse into the rich history of the region

If you were to live in any other region where we have a Coldwell Banker presence, where would it be and why? If I were to live elsewhere, it would be in Lake Como. The combination of stunning lake views, rich history, and proximity to both Milan and the Alps offers an incredible lifestyle balance

Territory Summary:

The Dolomites, a UNESCO World Heritage site, are renowned for their breathtaking jagged peaks, unique geological formations, and stunning alpine landscapes. Canazei is one of the jewels of this region, located in the Val di Fassa, surrounded by majestic mountain ranges such as the Sella Group and the Marmolada, the highest peak of the Dolomites. This area is not only a paradise for outdoor enthusiasts but also a cultural hub, deeply rooted in the traditions of the Ladin people, who have preserved their distinct language and customs for centuries. With its blend of natural beauty and cultural heritage, Canazei offers an unparalleled experience for both residents and visitors.

Key Facts:

  • Population: Approximately 2,000 residents
  • Language(s) Spoken: Italian, Latin, German
  • Climate: Alpine, with cold winters and mild summers
  • Currency: Euro

Industry Facts:

  • Types of Architecture: Traditional alpine style with wooden chalets and stone houses
  • Price per square foot: average price of approximately €7,500 per square meter
  • Average Sales Price: The average sale price for a typical two-bedroom apartment in Canazei ranges from €500,000 to €700,000. Larger chalets and luxury properties, especially those with exclusive features like panoramic views or direct access to the slopes, can sell for well over €1 million.
  • Interesting fact: In Canazei, the most common type of property ownership is fee simple, meaning the buyer owns both the property and the land without any limitations on its use, aside from local zoning laws. This is particularly appealing for those purchasing vacation homes, as it provides full ownership rights.

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