The city famous for its canals and known as "La Serenissima" is Venice, located in Italy. Renowned for its intricate network of canals, bridges, and architectural beauty, Venice is considered one of the most romantic cities in the world. The city is built on a lagoon, which contributes to its unique charm and makes it a popular destination for tourists. Events like the Venice Carnival and its rich artistic heritage, including works by famous artists, enhance its cultural significance.