Trends

Sardinia, price gaps decrease between north and south coasts

Tourism on the rise and solid Italian and foreign demand. From abroad 30% of transitions. Rents on the rise - up 6.5% in August. Residents also support the market for second homes

Adobestock

3' min read

3' min read

An excellent destination for summer holidays, Sardinia does not seem to be affected by the high summer prices. On the contrary, even the resorts in the south of the island, which until a few years ago were less affected by the onslaught of high-spending tourism, are seeing their values come closer and closer to those in the north of the region. Take, for example, the rents for a week in August: in Chia, on Cagliari's west coast, two-room apartments range from 1,250 to 1,750 euro; in La Maddalena, on the Costa Smeralda, they go from 1,300 to 1,800.

Less close, but not so far apart, are the prices per square metre, which see a two-room apartment in Pula fluctuating between 1,950 and 4,750 euro, while in Golfo Aranci they range from 2,500 to 4,950. Yet, especially in the south of the island (which continues to remain slightly cheaper) the local market for second homes is holding out: in the Villasimius and Costa Rei areas," says Fabrizio Laconi, Gabetti's area manager for Central Italy, "80% of buyers are Italian; of this 80, 20% are local residents. "Since these are not huge solutions," he explains, "and there is a wide range of prices in any case, buying and selling becomes affordable even for Sardinians.

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There is no shortage of foreign buyers, mainly targeting the north of the island, such as Santa Teresa di Gallura. "Seventy to eighty per cent of the market is made up of second homes," Laconi continues, "and the clientele is mainly German, although there is a new demand from the Swiss and French. Santa Teresa di Gallura is also not disdained by Americans".

Sales

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The market is driven by solid demand from both Italian buyers and foreign investors (especially Swiss, Germans, Belgians and Americans in the San Teodoro area), showing significant growth in several areas. La Maddalena marks a record +8.7% over 2024, followed by Villasimius (+7.4%) and Stintino (+7.1%).

"Thirty per cent of the sales come from foreign demand, while the rest is national," the manager continues. There is no shortage of the local market, which is strong in areas close to the cities, as in the case of the Cagliari area, which sees growth in both the eastern and western coastline, with areas such as Santa Margherita di Pula and Chia. "20-30% of the local market is absorbed in the localities close to Cagliari," Laconi continues, "although there is no shortage of demand for the areas of Budoni and San Teodoro. Alghero also has a great demand for the area'.

Prices per square metre see their peak in Santa Teresa di Gallura: here, for a two- or three-room solution, you can exceed 8 thousand euro per square metre. Conversely, the lowest prices are to be found in Sant'Antioco: they start at 900-950 euro and reach just over 2 thousand. Quartu Sant'Elena is also contained, where a three-room apartment starts at 850 (but goes up to 2,700).

The rents

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With regard to rentals, according to data compiled by Scenari Immobiliari, Chia and San Teodoro are leading the upward trend: in these two locations, average rents for two-room and three-room apartments for a week in August increased by 6.5 per cent compared to the same period last year. This confirms the growth of the less luxurious resorts.

"The rental phenomenon is becoming more and more widespread in all areas, with a strong Spanish demand. Weekly and bi-weekly requests are popular, and prices vary a lot depending on the location of the house and the distance to the sea.

There are no major territorial differences, Laconi continues, "apart from the west coast, which still remains reserved, less well known. There is growing interest in Bosa. And for Alghero, which thrives on both the local and tourist market'.

In Alghero, where strong investment in the airport and urban redevelopment have boosted attractiveness, rents are up 5% on last year, coming close to the values of Santa Teresa di Gallura: for a two-room apartment, rents range from 1,400 to 2,650 per week; from 1,600 to 3,050 for a three-room apartment.

On the opposite side, in the south of the island, Sant'Antioco remains a niche market with lower prices: starting from a rent of EUR 950 per week for a two-room apartment and EUR 1,200 for a three-room apartment.

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