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The Pandemic Has Led to a Rise in House Prices in Sardinia

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The Italian island has become a real magnet for those who want to escape from the ubiquitous coronavirus.

The pandemic has driven up prices in the already exclusive coastal areas of northern Sardinia – the second largest island in the Mediterranean after Sicily. According to Daniela Ciboddo, the Licensing Partner of the Engel&Volkers office in Porto Cervo, although the area has long been a magnet for investors, it became even more attractive when coronavirus devastated mainland Italy, The New York Times reported.

As Daniela has said, the lifestyle is isolated from the rest of Italy, and it has protected the population from the virus for a very long time. The pandemic reached the island much later than the rest of the peninsula.

Diletta Giorgiolo, the Head of Sales at Sotheby's International Realty Italy, noted that the pandemic has increased the specific desire of most people to take refuge in a healthy and quiet place where they can simultaneously feel safe and free.

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Lying on a cliff that descends towards the crystalline sea of Sardinia, in the town of Maracalagonis in the Province of Cagliari, this prestigious luxury villa is for sale. The property is divided into six apartments on four terraced levels, each with a private panoramic terrace, and has a total internal surface area of 680 sqm. Two splendid...
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In Porto Cervo, a favoured destination for elite tourism in Sardinia, there is this luxurious, recently-built villa for sale. This estate is an extraordinarily panoramic position, a few kilometers from the enchanting beaches of fine sand that have made this stretch of coast famous all over the world. Finely furnished in an impeccable modern...
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This charming luxury villa for sale in Porto Cervo is close to renowned beaches and offers breathtaking views of the Sardinian Coast. This majestic property stands in all its splendor among the luxuriant unspoiled nature that is typical of the Mediterranean, in the greenery of a 4,000-sqm park. Perfectly equipped to ensure utmost comfort, the...
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By the enchanting Gulf of Marinella, there is this stunning sea-facing villa for sale, just 5 km from Porto Rotondo. Made of pink granite, this villa offers rooms with a modern design in a minimalist key, equipped with the latest technologies. Its exclusive sea-front location, with private access to a small beach, offers both privacy and...
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Villa for 4 250 000 euro in Porto Cervo, Italy
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300 sq.m 4 3
Framed by the Gulf of Cala del Faro in Porto Cervo, this stunning sea-front villa for sale overlooks one of the most beautiful parts of Costa Smeralda. Truly unique and in an enviable position directly facing the sea, this villa offers great privacy in a breathtaking setting. There are numerous exclusive services reserved only for the complex's...
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Villa in Porto Cervo, Italy (price on request)
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This wonderful property for sale is in Porto Cervo, offering wonderful views of the islands of the La Maddalena Archipelago. Located in a unique context, this luxurious property is not far from the tourist port of Poltu Quatu, full of exclusive, luxurious shops, restaurants and clubs. Part of an exclusive residential complex, this villa is in a...
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Villa for 15 000 000 euro in Villasimius, Italy
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This splendid villa with a panoramic swimming pool is for sale on the southern coast of Sardinia. Inserted within a quite and reserved exclusive gated community, this property is of majestic size in an extraordinary seafront position with can access to two sandy beaches and an enchanting rocky cove. This estate is surrounded by 5,000-sqm of...
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Villa for 12 000 000 euro in Porto Cervo, Italy
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Online Viewing Remote Transaction
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Villa in Porto Cervo, Italy (price on request)
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Villa in Porto Cervo, Italy (price on request)
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This stunning villa with a pool for sale in Porto Cervo stands in a panoramic position at a stone's throw from the historic Piazzetta of Porto Cervo and facing the incomparable sea of Sardinia. This property's beautiful private garden is its highlight, as it is perfectly cared for with Mediterranean plants including majestic ancient olive trees,...
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600 sq.m 6 7
This stunning Designer Villa, designed by starchitect Luigi Vietti, is for sale in Costa Smeralda, near Porto Cervo. This luxury villa is spread over several levels for a total of 600 sqm and is set in a wonderful garden of over 5,000 sqm with a panoramic swimming pool overlooking Sardinia's crystal-clear sea. An eclectic person, Luigi Vietti...
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On Sardinia, in the Gulf of Santa Reprate, a few kilometers from Santa Teresa Di Gallura, a luxurious villa with an area of ​​250 square meters is sold. m, designed by the famous architect Jean-Claude Lesouise and surrounded by a garden of 2700 square meters. m. The villa consists of a light living room with a fireplace and a view of the bay of...
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Villa for 3 000 000 euro in Porto Cervo, Italy
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Villa for 3 500 000 euro in Olbia, Italy
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Exclusive modern luxury villa is in the heart of Sardinia with a view of the Porto Gulf. With a total area of ​​500 square meters and plot 5400 square meters, the villa was carefully restored in 2023, introducing energy -efficient systems such as solar panels and recharge stations. The previously ancient Gallura Stazzo, the mansion combines...
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House for 220 000 euro in San Teodoro, Italy
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A two-level cottage in the northeast of the island of Sardinia, in the city of San Teodoro, residence of Lou Fraili. Welcome to a magnificent two-level villa in the picturesque area of Lou Frailey, in San Teodoro. This villa offers an incredible opportunity for those looking for their dream home in a privileged location. The villa has a...
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Villa for 2 500 000 euro in Olbia, Italy
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Villa for 1 750 000 euro in Palau, Italy
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Villa for 12 500 000 euro in Porto Cervo, Italy
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Villa in Porto Cervo, Italy
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Located in the heart of Costa Smeralda near Porto Cervo, this prestigious villa, designed by renowned architect Luigi Vietti, epitomizes luxury living. With 489 sqm of interior space and set within a private 5,100-sqm park just 200 meters from Sardinia's crystalline waters, it offers unparalleled elegance and sophistication. The villa features a...
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According to a report by the Costa Smeralda Consortium based on property values for 2020, the maximum house prices on the Costa Smeralda have increased by about 12% in the face of the pandemic, to €14,500 per sq. m. This sets the region apart from other popular tourist destinations in Italy, such as Santa Margherita Ligure, Capri and Forte dei Marmi, where prices have declined over the same period.

According to Giorgiolo, prices start at €5 million for a villa of almost 300 sq.m, while the cost of a house on the waterfront can soar to more than €50 million. The cost of villas in need of renovation usually starts from €1 million, although the price depends on many factors.

The average selling price of a home in Sardinia has remained constant over the past two years. But in May 2021, it fell by 2% year-on-year, to €1,490 per sq.m, according to the portal Idealista.

According to realtors, 60% of all buyers of local real estate are Italians themselves. Most foreign buyers come from Europe, especially from Germany, Norway, Sweden and France. Approximately 10% are Americans, Russians, and representatives of the Middle East.

Also read: Where to Find property for Less than €1,000 per sq.m in Italy?
 

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