Buying Property in Italy: Sardinia Property Guide
Property guides for those interested in buying property in Sardinia. Plus, find a home in Italy.
Sardinia is the second largest island in the Mediterranean and is located of the eastern coast of mainland Italy.
It has an area of 24,090 square kilometers and boasts over 1,800km of stunning coastline. The island has a climate that is balmy and its people are described as being "as naturally stylish, graceful, laid back and warm natured as mainland Italians".
To find property in Sardinia and more Italian property, visit: www.justoverseas.co.uk/propertyinitaly
Its capital, Cagliari, is located in the south of the island and has a population of around 160,000. The older parts of the city lie on the top of the hill, offering wonderful views out across the Gulf of Cagliari and much of the original walls are still intact.
One of the city's most popular attractions is the Sardinian Archaeological Museum, which contains fascinating information about the island's early Nuragic civilisation.
Pros to Buying Property In Sardinia
Sardinia has recently become extremely popular as a holiday designation, helped in part by a number of new budget airlines which have begun to offer services to the island.
Now, the island boasts numerous extraordinary tourist areas, including Alghero, Capo Caccia and the famous Neptune Cave. As well as its beaches, Sardinia has a vast number of picturesque seaside towns and hundreds of interesting ruins to be explored.
According to overseaspropertyonline.com, the most popular places for people looking to purchase homes on the island are "in the Litoranea of Villassimius starting from il Poetto in Cagliari and up to Costa Rey in the south, the Gulf of Orosei in the east, the Costa Smeralda in the north-east, the Costa Paradiso and Stintino in the north, the Riviera del Corallo in the west, the Costa Verde in the south-west and Chia and Santa Margherita in the south".
Figures from the site indicate that a small property in need of extensive development could be purchased for as little as £20,000, while a larger renovation project would be closer to £60,000.
However, propertyshowrooms.com claimed that the north of Sardinia has slightly better transport infrastructure than the south, which means that prices there are slightly higher.
Its report did also note: "Many shrewd buyers however, are now looking away from the tourist traps in the north and seeking authentic inland villages and bargain properties ideal for renovation projects and holiday or second homes."
Website shelteroffshore.com recently reported that prices on the island have increased significantly in recent years as the destination has become more popular and several celebrities have opted to buy property there.
Despite this, the website's report said that a planned road was likely to make the south of the island a popular spot for second homes in the coming years.
"In southern Sardinia it is still easily possible to find property bargains - you can budget for around 5,000 euros per square meter as opposed to upwards of 15,000 euros in northern Sardinia on the Costa Smerelda and still have stunning sea views", the report claimed.
"Alternatively you could head away from the resorts, the fishing villages, the major developments and look to the eastern mountains or the rural interior and find a farm house, a ruin, a cottage or even a building plot upon which you could construct your own dream home."
Cons to Buying Property In Sardinia
While similar summer destinations in Spain, the Greek islands, Cyprus or Malta have been hit by over-development and a lack of planning rule, the Sardinian authorities have been careful to protect the island's development.
However, this does mean that it can be hard to obtain permission to redevelop properties.
What you Need to Know Before Buying Property in Italy
Buying a property in Italy is quite complex as the process is regulated. Someone who has found a home and secured a mortgage deal needs to make an offer through the selling agent.
Anyone with financial dealings within the country needs a Codice Fiscale - or tax code. This is obtained from the local tax office.
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