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FSBO
Homes for Sale By Owner in Sardinia, Italy (FSBO)
The reasons why investors usually buy cheap property for sale by owner in Sardinia, Italy (FSBO) is because this can offer some unique advantages, but it also comes with some risks.
Sardinia, which is called Sardegna in the Italian language, is a large island located in the Mediterranean Sea, situated west of the mainland of Italy, and south of the island Corsica.
Sardinia real estate is known for having a large number of
luxury properties to offer listed by owner
or
agent
, as well as being one of the Mediterranean’s most exclusive destinations.
In Sardinia locations such as Costa Smeralda, Porto Cervo, and Porto Rotondo are well-known place that attract many wealthy international buyers seeking
investment property
, lifestyle real estate or using the property in Sardinia for a mixture of both.
Buying cheap homes for 'Sale by Owner' is usually down to a lower price, there are No Agent Fees, as sellers often price FSBO properties lower because they're not paying a real estate agent commission which can be 5-6% of the sale price.
As a buyer or investor, there may be room to negotiate a better
deal directly with the owner
, which may allow for more flexible terms and quicker and easier negotiation.
If the property is undervalued due to being in poor condition or in a transitioning neighborhood, renovate to hold and build equity over time could be viable.
FSBO properties are often marketed less aggressively, meaning fewer buyers may be aware of the listing, and these properties are ideal for investors or looking to buy at a low price as FSBO deals are often below market value when requiring attention.
A higher risk of errors in paperwork or missing disclosures can though occur, so due diligence is required at all stages, and hiring a real estate attorney for the legal aspect is essential.
If you are an experienced buyer or investor, have cash on-hand or good options on financing, buying cheap homes in
Sardinia, Italy
that is for 'Sale by Owner' can be an option.
If looking at Italy as an overseas or foreign investor or buyer into Italian real estate, those who typically invest or purchase at €250,000 which varies according to the area chosen, can obtain Italian residency through the
Golden Visa Program
, making Italy an attractive gateway to the EU.
Italy offers both stability and opportunity to buyers and investors, as tourism to
Italy
brings in over 30 million visitors across the mainland and the Italian Isles.
Real Estate Agents and Property Developers in Sardinia, Italy
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This page is about :
Homes for Sale By Owner in Sardinia, Italy (FSBO)
International Property Directory (IPD) Online Since 2003