Resicom – Holiday Investment – 04-21 – LB

Sardinia – An Island of Diversity

Situated in the middle of the Mediterranean Sea just below Corsica, Sardinia is an island of diversity, boasting extensive mountain ranges, wide valleys, and broad plateaus, as well as white sandy beaches lapped by the turquoise waters of the Med.

The climate is temperate with mild short winters making way to long hot summers, interrupted only by the spring and autumn times when plants and flowers get the chance to bloom again.

There is plenty to do all year round, with hiking and mountain biking inland along with various water sports and of course sun worshipping on the warm white sands of the many beaches.

The fresh and healthy local cuisine of meat, fruit, vegetables, honey, olive oil and cheeses can be accompanied by great locally produced wine for as little as €1.30 EUR per Litre. Being an island, you can also find fresh fish at the local market’s fishmongers in every town.

Tourism has been steadily growing in recent years, helped by low-cost airlines offering direct flights from most European capitals to the main cities in Sardinia of Cagliari, Alghero, or Olbia.

Although part of Italy, Sardinia is a fiercely independent nation that has always fought for autonomy. It is currently negotiating to become a ‘Zone Franca’ (Tax Free zone) which if achieved could lead to increased living standards and property prices, making Sardinia an attractive place for overseas property investors to consider now.

The island is primarily made up of four provinces: Cagliari in the south which includes the capital city Cagliari; Sassari in the north where you can find the towns of Alghero and Olbia, Nuoro on the east coast, and Oristano on the west.

Cagliari

The province of Cagliari includes the capital city of Sardinia and houses around one-third of the population. It has an abundance of shops, restaurants, and night life, along with museums, universities, and Roman archaeological sites.

To either side of the city along the coast are numerous beach resorts with property prices quite reasonable compared to the north of the island.

Slightly inland you can also find many large villas available at affordable prices which were holiday homes of Sardinians living in the capital.

Nuoro

To the east of the island, the region of Nuoro will take you back in time with its landscape, ancient culture, inhabitants, and authentic local food.

Oristano

Situated to the west of the island where the coast is rougher can be found the best areas for surfing in Oristano. There is a relaxed and laid-back lifestyle here, apart from the annual street carnival, Sa Sartiglia, which dates back to medieval times and is strongly upheld by the locals.

Sassari

To the north of the island is the province of Sassari, which contains the popular beach town of Alghero surrounded by ancient walls and containing many boutiques, bars, and restaurants.

The north also plays host to the region of Olbia, a port area that is probably the most popular destination for tourists in Sardinia. Property here is therefore more expensive than the other regions but can still be affordable.

The same cannot be really said for the small coastal area by Olbia called Costa Smeralda, which was built by the Aga Khan and is a playground for the rich and famous. Properties here can reach an eyewatering 300,000 euros per square metre and owners can moor their super-yachts at the exclusive Porto Cervo.

It seems that whatever you are looking for from an overseas property investment, Sardinia is truly an island of diversity that can supply it.

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