There is optimism among the operators of the Sardinian real estate market despite the situation of the war in Ukraine and the expectation for the launch of the new government. House prices in Sardinia show a small sign of recovery, albeit timid, but all in all positive.
“The construction and real estate sector had a good time thanks to the tax breaks of the various bonuses, super bonuses and favorable mortgage rates. Facilitations that we as a Federation are trying, with political action, to make them structural ”, explains Angelo Bianchi, Regional President of Fiaip Sardegna , the Italian Federation of Professional Real Estate Agents.
“ Property prices are holding their valuation with a slight rise despite the increase in interest rates on fixed-rate mortgages. We cannot hide the fact that we are concerned about rising inflation and rising energy costs and we expect the new government to take measures to facilitate the purchase and strengthen existing ones. It would be appropriate - says Bianchi -, given that the 'home' investment always remains the one with the most appeal for Italians, both as a home to live in and for its rental profitability, that a Ministry of Housing be established ”.
The post-pandemic effects are also reflected in the search for the type of property to buy: we are looking for a 'livable' house that is no longer just for sleeping. “In Cagliari, for example - explains Giancarlo Laconi , owner of Capital Sardinia Immobiliare - there is a great desire to return to the city with a good demand for houses in the downtown areas equipped with all services. We are looking for a house with a spacious veranda or terrace, with spaces for work and study for the children ". In short, the comfort of a livable home “because the lockdown highlighted the claustrophobic stress”.
Even in Sassari the requests are for comfortable and spacious properties, even if often the wishes of those who want to buy a house are always achievable. “The pieces are quite stable - explains Delia Sanna of Fiaip di Sassari - and there is a slight increase for the prestigious properties in the historic center. Sassari, however, has a particular market also due to the demand for houses outside the city with gardens and large green spaces ".
In Nuoro the market holds "with the types independent, semi-independent and small condominiums - explains Antonio Pezzati owner of Immobiliare Nuorese - and with a slight increase in prices for this type of housing, which are the most requested".
The problem of finding habitable and liveable spaces also exists in Olbia : “In the city you cannot find the product that people are looking for”, says Lino Mura , owner of Brili Servizi Immobiliari. Basically Olbia offers different types of two and three rooms “which today, with surfaces of 40 square meters, are no longer attractive. Families want habitable spaces and so they have to go out of town. Here - explains Mura - the 'hydrogeological risk area' factor also comes into play and prices vary according to the construction areas which in this situation are inevitably linked to the high cost of construction ”.
And if in Cagliari and Sassari, as well as in Nuoro, the commercial property market in Olbia suffers, the demand is instead in countertrend: "The crisis affects the types of premises with small sizes - says Mura -, while those are highly sought after with important surfaces ".
The house market in Sardinia is tending to grow slightly, but real estate operators register the prudence of buyers who await the developments of the events in Ukraine and the future measures of the government on mortgages, interest rates and tax breaks.