Located just a few minutes from St Mark's Park , expansive island is only 68 square meters . However, there are castles and monasteries in it .
Telegraph wrote this island never contested by Venice and Genoa . The monastery used as a place to care for patients with infectious diseases and mental disorders . " The Italian government hopes a buyer can change the island 's haunted hospital it into a luxury hotel . "
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But the Italian government did not fully sell the island. They only give permission renovation and rental properties to the buyer for 99 years . The island will remain the property of the state .
The government will also sell an old convent in Taranto , Puglia ; and a 15th century castle in Gradisca d' Isonzo .
A spokesman for the Italian sales agent refused Poveglia predict rental prices in the auction later . But he estimated selling price in Poveglia monastery could reach 3.8 million euros , about USD 60 billion .