The Costa Smeralda is confirmed as one of the queen lands of the luxury real estate market.

According to the Observatory of the luxury residential market in Italy, created by Immobiliare.it, between 2019 and 2021 the demand for a dream home on the most coveted coast of Sardinia increased, and at the same time the economic value of the properties in Sardinia increased. this enchanted slice of Mediterranean island.

The study shows that since 2019 the demand for high-end properties in Costa Smeralda has marked an increase of 9%, reaching a total of 1.1% of all the demand addressed to the national luxury market.

Consequently, to date the economic value of the real estate stock has increased by 40% compared to 2019 and is equal to 1.04 billion euros.

The same percentage of growth has marked the offer of luxury properties in Costa Smeralda, which from 2019 to the end of 2021 marked a + 40%, with a cumulative area of 156,350 square meters, 80% occupied by large high-end residences and villas.

The analysis also indicates the average prices of luxury homes: in order to buy a luxury apartment in Porto Cervo, it is necessary to take into account at least an expense of 11 thousand euros per square meter; the price drops to 7,500 euros per square meter for a villa in Palau (outside the Costa Smeralda, therefore), and around 5,000 euros, again per square meter, for a generic villa by the sea.

(Unioneonline / lf)

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