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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.

Check out available properties in Sardinia:
Villa for 2 800 000 euro in Sassari, Italy
2 800 000 €
Villa in Sassari, Italy
383 sq.m 7
We offer for sale an exclusive real estate, unique in its kind for the enviable and unrepeatable position in the front row on the harbour, with amazing sea view. The villa has ample outdoor spaces in which to spend pleasant moments of relax. The villa has a large swimming pool with solarium, huge verandas and a patio equipped with outdoor...
Great Estate
House for 850 000 euro in Sassari, Italy
850 000 €
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379 sq.m 8
We offer for sale an interesting property in the countryside, consisting of over 3 hectares of land in a dominant position with views of the plain of Arzachena and the Gulf of Cannigione. On the property there are two ancient "stazzu" (sardinian old country house) for a total surface of about 300 square meters as well as various outbuildings...
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Villa in Cagliari, Italy (price on request)
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490 sq.m 13 12
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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Villa in Porto Cervo, Italy (price on request)
Price on request
Villa in Porto Cervo, Italy
650 sq.m 7 7
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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Villa in Palau, Italy (price on request)
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Villa in Palau, Italy
350 sq.m 5 6
This luxurious villa directly overlooking the sea of Sardinia's north-eastern coast, is in front of the Maddalena archipelago. Located in a small residential context in the renowned tourist resort of Punta Sardegna, this panoramic estate includes a 5,000-sqm garden with convenient access to the beach and a big panoramic swimming pool with an...
Lionard Luxury Real Estate
Villa in Palau, Italy (price on request)
Price on request
Villa in Palau, Italy
435 sq.m 5 4
This gem of modern architecture is for sale in Palau, in Sardinia, offering wonderful views of the sea. Characterized by a scenic amphitheater shape that takes inspiration from its rocky surroundings, this luxurious property is immersed in a 5,000-sqm garden with a well-tended lawn that is home to a beautiful infinity pool. This two-storey house...
Lionard Luxury Real Estate
Villa in Golfo Aranci, Italy (price on request)
Price on request
Villa in Golfo Aranci, Italy
125 sq.m 4 3
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...
Lionard Luxury Real Estate
Villa for 4 600 000 euro in Cagliari, Italy
4 600 000 €
Villa in Cagliari, Italy
460 sq.m 5 6
In Pula, in the south of Sardinia, there is this majestic designer villa for sale inside a new complex of luxury villas designed by starchitect Massimiliano Fuksas, among unspoiled beaches, archaeological sites, and numerous facilities for outdoor sports. An experimental project, the result of the genius of one of the greatest masters of...
Lionard Luxury Real Estate
Villa in Olbia, Italy (price on request)
Price on request
Villa in Olbia, Italy
280 sq.m 4 3
In North Sardinia, between the enchanting towns of Porto Cervo and Porto Rotondo, there is this stunning estate for sale with a natural park and a swimming pool. Surrounded by thick Mediterranean nature, the property is located in an enchanting hilly position with a splendid view that sweeps from the sea to the mountains. Absolute privacy is...
Lionard Luxury Real Estate
Villa in Palau, Italy (price on request)
Price on request
Villa in Palau, Italy
250 sq.m 7 6
This luxurious villa in a modern design for sale in Sardinia is just before the renowned Bay of Nelson, along the coast that connects Costa Smeralda to Palau. The open view over the sea that touches the Maddalena archipelago characterizes both the large outdoor spaces, organized in delightful relaxation corners, and the elegant interiors, the...
Lionard Luxury Real Estate
Villa for 2 200 000 euro in Cala di Volpe, Italy
2 200 000 €
Villa in Cala di Volpe, Italy
250 sq.m 5 4 3
Remote Transaction
Within a renowned condominium with swimming pool and large green spaces overlooking Cala di Volpe and from which you can enjoy a wonderful sea view, we propose semi-detached villa with private garden composed as follows: entrance hall, living room and dining area from which you can enjoy a wonderful sea view and from which you can access the...
GH Estate
Villa for 15 000 000 euro in Villasimius, Italy
15 000 000 €
Villa in Villasimius, Italy
400 sq.m 10 5
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...
Lionard Luxury Real Estate
Villa in Porto Cervo, Italy (price on request)
Price on request
Villa in Porto Cervo, Italy
500 sq.m 8 10
This charming estate with private access to the sea is for sale in the wonderful Costa Smeralda, with access to two beaches of very fine sand and the crystalline waters. A pleasant feeling of intimacy is guaranteed by its luxuriant 2 hectares of Mediterranean grounds, with splendid terraces and furnished verandas, ideal for enjoying exclusive...
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Villa for 1 800 000 euro in Palau, Italy
1 800 000 €
Villa in Palau, Italy
200 sq.m 4 3
On the panoramic hill of Capo d'Orso, just a few kilometres from Palau, there is this luxurious modern villa with a pool for sale, overlooking the Maddalena archipelago. Located in a prestigious residential context of only private villas surrounded by Mediterranean nature, this property consists of a 200-sqm villa and a 1,500-sqm garden with an...
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Villa in Porto Cervo, Italy (price on request)
Price on request
Villa in Porto Cervo, Italy
530 sq.m 5 6
This exclusive villa with a pool for sale is a wonderful example of the iconic Mediterranean architectural style, at a stone's throw from the Porto Cervo Marina and the Costa Smeralda Yacht Club, a pearl of the renowned Costa Smeralda. Offering a 7,900-sqm private Mediterranean park that touches the sea, this property is made up of two...
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Villa for 2 650 000 euro in Costa Smeralda, Italy
2 650 000 €
Villa in Costa Smeralda, Italy
350 sq.m 8 5 5
Residence Online Viewing Remote Transaction
The elegant villa is located on the magnificent hills of the Picolo PEvero Golf Club (Porto Cervo) and offers absolute tranquility, surrounded by a lush garden with typical Mediterranean shrubbery.Beautiful sea views and large internal and external spaces will make the accommodation unique. Spacious hall and terraces, kitchen, 5 Bedrooms and 5...
Private person
Villa for 2 300 000 euro in Sassari, Italy
2 300 000 €
Villa in Sassari, Italy
250 sq.m 4 4
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...
Lionard Luxury Real Estate
Villa in Porto Cervo, Italy (price on request)
Price on request
Villa in Porto Cervo, Italy
240 sq.m 5 4
Located on the hills of Pantogia with a view of the Pevero Bay, above the two famous beaches of Piccolo and Grand Pevero, a magnificent villa in Porto Cervo is put up for sale. Around the mansion with an area of ​​220 square meters. is broken by a well -groomed garden in 900 square meters. with a sea view. Inside the villa there are five...
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Villa in Alghero, Italy (price on request)
Price on request
Villa in Alghero, Italy
414 sq.m 8 10
For sale an exclusive extra-luxury villa in Alghero, Sardinia, with a contemporary design and a privileged seafront location. This unique estate extends has three levels, with modern interiors measuring 400 sqm and breathtaking exteriors of 900 sqm, offering spectacular views and an unparalleled marine life experience. This designer villa boasts...
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House for 220 000 euro in San Teodoro, Italy
220 000 €
House in San Teodoro, Italy
65 sq.m 3 2 2
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...
Mercury Group

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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Tags: Italy, Market Analysis, Real Estate, The cost of living

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