Emerald Coast. With Covid The Villas Gain 11.5%

Emerald Coast. With Covid The Villas Gain 11.5%

  • Valeria Petza
  • 10/19/21
The trend is positive. And concerns the value of the villas of the Costa Smeralda in 2020, has become the highest in Italy. A figure that emerges from a study carried out by the Consortium Costa Smeralda on the basis of the 2020 update of real estate values published by the database of real estate prices, the body of the Inland Revenue.
 
The study compared the data relating to the main seaside resorts: in the most difficult year since the Second World War, with the health pandemic and the lockdown, the villas in the area of the Consortium Costa Smeralda (Porto Cervo, Cala di Volpe, Romazzino, La Celvia) have seen an increase in their maximum value per square meter of 11.5%". The absolute numbers relating to the growth speak for themselves: the maximum market value of the villas in Costa Smeralda, in excellent condition, has gone from 13,000 euros per square meter to 14,500 euros. If we compare this figure with that of 2007, the year that preceded the great world recession, we find that the value of villas on the Costa Smeralda (which at that time was 10,960 euros per square meter) has grown by 32.3%. In the ranking drawn up on the basis of the study, it emerges that: the villas of Santa Margherita Ligure (whose value has gone from 14,300 euros per square meter in 2019 to 13,400 in 2020) have lost 6.3%, those of Capri (passed from 12,200 to 11,500 euros per square meter) 5.7% and those of Forte dei Marmi (quotations dropped from 14,000 to 13,900 euros per square meter) 0.7%."
 
'The Costa Smeralda has thus surpassed other Italian destinations that, instead, have suffered a decline by losing positions and is confirmed at the top of this ranking: nature and unspoiled sea, exclusive spaces and quiet are elements that the new dimension of post-Covid tourism is increasingly affirming and consolidating and that make our destination unique and unparalleled in the world.' Mario Ferraro - Vice President Consorzio Costa Smeralda.

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