A Guide to Buying Property in Sardinia
Sardinia is a large island off the coast of Italy and is under Italian law. Sardinia is the second largest island in the Mediterranean (Sicily is the largest) and is approx. 9,300 square miles. It is a beautiful country with a wonderful climate and it is not hard to see why so many people choose to go on holiday here and purchase property.
The eastern coast of Sardinia is one of the most beautiful areas and is home to the Gennargentu National Park which is full of beautiful wildlife and sights to see. Sardinia is a popular destination for holiday goers and property purchasers and the laws are very similar to that of Italian law.
With beautiful scenery, wonderful weather and a large range of events and activities, Sardinia is a wonderful place to live and is highly popular with the British and Australians. If you don’t know any Italian and you are thinking of buying a property – you ought to learn or hire yourself an interpreter.
The Sardinian Property Buying Process
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At the moment there are no restrictions on non residents buying property in Sardinia. You will need two documents before you even get started so make sure you have your passport and an Italian tax code identity called a Codice Fiscale. This can be obtained from the local office of state tax authority and is crucial to purchasing property in Sardinia.
In Sardinia you are required to place a deposit on the home you wish you purchase after your offer has been accepted. One good thing is that you can place a holding fee on the property where both parties sign an agreement and the purchaser places a small deposit on the property. This can give you time to save up the larger amount for the deposit of the property which will be about 10 to 30 percent of the purchase price.