Thinking about buying or selling property in Costa Smeralda Sardinia? The Costa Smeralda is a 20-kilometer stretch of coast in the northeast of Sardinia, the second largest island in the Mediterranean. It was named for the beautiful green water in the area. It starts in the Gulf of Cugnano, about 12 kilometres north of Olbia’s old harbor city, and wraps around the Bay of Arzachena up north. When Arzachena was initially promoted as a holiday spot, it included simply the stretch of a shoreline inside the municipality itself, but now it encompasses a little greater region.
White sand beaches and clear water characterize the coves that dot the Costa Smeralda coastline, which is broken up by rocky headlands and set against a backdrop of undulating, rustic hills. Capo Figari nature reserve and La Maddalena archipelago are two of the region’s natural wonders; if you don’t have a fancy launch anchored in a cove, you can get to both of them with a quick ferry journey.
The Costa Smeralda remained mostly underdeveloped until the late 1950s, when it began to attract a select number of foreign yachties in addition to locals. One of its biggest supporters, Prince Karim Aga Khan IV, led the charge in the early 1960s to organize a partnership to carefully develop the island into a tourist destination that today draws the worldwide jet set. The concept has been carefully crafted to include marinas and five-star recreational amenities with purpose-built boutique resorts, which are often pastel-colored exotic-styled structures.
Important Shopping Areas
The resort town of Porto Cervo is the crowning glory of the Costa Smeralda, thanks to its beautiful beaches, big harbor teeming with superyachts, and array of high-end dining and drinking establishments. The Piazzetta (square) in the middle of its little streets is where all the cool people go to drink Campari after sunset. Porto Rotundo, located 30 minutes south of Porto Cervo, is competing with Porto Cervo for the title of “most exclusive.” Its stylish port serves as the focal point for the city’s attractive streets, which are decorated with Venetian-style architecture and house trendy bars and stores.
Cannigione, with its lengthy promenade, Golfo Aranci, an excellent place to see dolphins, Golfo di Marinella, and the historic port town of Palau are just a few of the other smaller resorts, most of which have their roots in the fishing industry. Arzachena and San Pantaleo, two inland market towns, are more traditional than the coastal resorts to which they are next and yet still conveniently located.
The way of life
As background, the Aga Khan and other celebrities including Princess Margaret, Gianni Agnelli, Jackie Kennedy, and Greta Garbo helped establish the Costa Smeralda’s star power. Fans now range from Russian oligarchs to international football players to celebrities like the Obamas, the Clooneys, Elton John, and Sting. On one end of the spectrum, people spend lots of time relaxing on the sun decks of their superyachts, going ashore to do some high-end shopping, or going out to restaurants and hip nightclubs.
Meanwhile, in Costa Smeralda, most people spend their time on the beautiful beaches or at one of the many waterfront bars and restaurants. Not only is sailing fantastic, but so are a variety of other water sports that take place in the region. Scuba divers will love Cannigione, and wind and kite surfers will love Baja Sardinia and Porto Pollo. Porto Cervo is known for its world-class golf course at Pevero Golf Club and its many regattas. One of the finest ways to unwind is to visit the luxurious spas found at most five-star hotels.
It’s not surprising that the Costa Smeralda has some of the best real estate in Europe, since it’s one of the most expensive places to live. experience the authentic Sardinian way of life, or take a stroll along one of the trails that weave through the peaceful Mediterranean landscape.
Property
Among the most expensive lifestyle destinations in Europe, excellent real estate on the Costa Smeralda comes as no surprise. Luxury homes in and surrounding popular areas like Porto Cervo and Pevero Golf may be found for between €2,000,000 and €5,000,000, although the best ones will cost considerably more. The going rate for a brand new, five-minutes-from-the-beach apartment is from €500,000 to €1m, with penthouses fetching much more. Villas may be had for €500,000-€1 million five to ten minutes inland from the more expensive resorts, and developers are already proposing new developments with prices starting substantially lower than that.
The Trip There
There are three international airports on the island of Sardinia, which are serviced by flights from the United Kingdom, continental Europe, and the Italian mainland during the whole year. The best airport to get to the Costa Smeralda is Olbia Airport in the northeast, with transfers taking around 40–45 minutes on average; however, the smaller Alghero Airport in the northwest is also an alternative (2-2.5 hours). Getting to the southern airport of Cagliari could be
