A One-Bedroom Pad on the Coast of Sardinia
$763,000 (630,000 EUROS)
This one-bedroom apartment is in the village of Porto Rafael, on the northern tip of the Italian island of Sardinia overlooking a bay on the Tyrrhenian Sea. The 700-square-foot home is part of what was once the home of Rafael Neville, the Spanish nobleman who founded Porto Rafael in the early 1960s, said Diletta Giorgolo, head of sales for Italy Sotheby’s International Realty, which has the listing.
“Rafael Neville wanted to realize a charming village right on the sea with a central little square, the famous Piazzetta,” Ms. Giorgolo said. “All the buildings are cleverly constructed with very low impact on the surrounding environment.”
This lime and brick house is situated on a slope between the road and the beach. The property is accessed from the road above, with a small path leading to the front door.
Cerasarda, a Sardinian brand known for its sunny hues, Ms. Giorgolo said.
a report by the Costa Smeralda Consortium, based on 2020 real estate values published by the country’s Revenue Agency, maximum values along the Costa Smeralda have risen about 12 percent amid the pandemic, to 14,500 euros a square meter ($1,630 a square foot). That sets the area apart from other Italian tourist destinations such as Santa Margherita Ligure, Capri and Forte dei Marmi, all of which saw price declines during the same period. The report notes that less expensive residential homes also grew in value during 2020, thanks largely to the area’s “unspoiled nature and sea, exclusive and quiet spaces,” making it a haven for “post-Covid tourism.”