Real estate in Sardinia is one of the most expensive in the world

According to the rating, which was published by the German agency of resort and tourism property Engel & Völkers, Sardinia is among the European tourist destinations with the most expensive holiday real estate.

Engel & Völkers notes that on the resort coast of the Costa Smeralda in Sardinia is recorded very high price per square meter of real estate – 100.000 euros. Perhaps, the buyers will have to pay such sum of money if they want to acquire a luxury home or apartment in Sardinia, in one part of the Costa Smeralda, Romazzino Bay, which is located at the main resort of the island - Porto Cervo.

Sardinia is known in Italy as a center of respectable holidays. Many celebrities and famous businessmen have villas on the Costa Smeralda. It is hard to imagine that instead of this world of glamour and luxury half a century ago there were only several deserted beaches and fishing villages. Sardinia began to be developed thanks to Karim Aga Khan, a descendant of the Prophet Muhammad, the Muslim spiritual leader and multimillionaire. In 1950-es he invited to Sardinia leading architects of that time, who created the legendary resort, which is now known as Porto Cervo.

The only land, where the cost of a square meter of holiday property is higher than in Sardinia is the principality of Monaco. Here in 2010, according to Engel & Völkers, price per square meter reached 148.000 euros.

But Sardinia managed to overcome such well-known tourist destinations as London, Paris, Munich, Barcelona and Cannes.

For those, who intend to travel to Italy for vacations on Sardinia portal privet-italia.ru offers rental of apartments, flats, houses and villas, as well as online booking of hotels in Porto Cervo and other resorts on the island.