Invest in an interesting project of 11 apartments in the picturesque town of Trinità d’Agultu e Vignola in the province of Sassari at the foot of the Sardinian coast.
Each practical apartment offers a spacious terrace of at least 11.15m2.
It's better to see it once - watch our webinar with the project developer and learn more about the location, the project, nearby amenities, as well as the taxes and fees associated with acquiring and owning property in Italy.
The property price does not include tax, which amounts to 10% when purchasing a property as a second home in Italy. However, if you obtain residency in Italy within 18 months of the purchase, you can reduce this tax to 4%. There will also be a notary fee, typically around 1% of the property price. Most properties are sold unfurnished. Additionally, you should budget for utility connection fees (around €800 depending on the province), waste tax (TARI), and property tax (IMU) at a rate of 0.86% of the property's cadastral value.
We generally consider investing in Sardinia to be more conservative in terms of returns and investment appreciation.
If an investor wants to focus on increasing profits from the capital appreciation of a property, we recommend choosing a property that is still in the project phase. Once completed, such a property will naturally increase in value.
Finished modern buildings for sale on the island are valuable commodities, which is why their pricing (also depending on the location) tends to be above average. Property prices near the beach can easily exceed the half-million mark for 3-bedroom apartments, depending on the specific location.