Italy: Lignano Sabbiadoro is a golden-sand peninsula on the mouth of Tagliamento River. It is an important economic and tourist reality of Friuli Venezia Giulia – Italy’s most North-Eastern region – with four million arrivals each year. In the postwar period it was the destination of the first tourist flows and, today, it is the area where the activity of hotels and restaurants is most concentrated.
In 1953, the architect Marcello d’Olivo had the idea to build a snail-shaped tourist residential complex. This is how Lignano Pineta was born. According to several analysts, thanks to its lovely shadowy avenues and its bewildering villas, it can compete with the Venice Lido.
Lignano Riviera is defined in official brochures as the most relaxing area in the large beach of the High Adriatic Sea as it is immersed in rich and thick cluster-pine woods.
Lignano Sabbiadoro is fully aware of its development possibilities and in the latest years it has rejuvenated; indeed, many residential ten-storied towers and buildings have been erected along with a new big sport centre, a golf course and a zoo. Furthermore, the ownership of several real estates belonging to the State will be transferred to the Municipality. Among them there are the plot of land surrounding the blockhouse built by the Germans in the 1940s close to Punta Faro – one of the most beautiful spots in Lignano Sabbiadoro – and some stretches of Trieste Promenade that was a landing strip during the Fascist age.
Lignano Sabbiadoro has become a very difficult-to-run town. Tourists from Germany – who were the pillar of tourism in Lignano Sabbiadoro in the 1970s – have been diverted to some other European seaside resorts and by now tourists coming from Eastern Europe have taken their place, as Lignano Sabbiadoro is the first beach they find when they go to Italy.
The opening of national borders has given birth to a great international market but unfortunately Lignano has not been able to take full advantage from it. Anyway, last year, the level of arrivals increased by 8%.
The town-planning scheme approved in 2005 has permitted to increase the cubic capacity of real estate properties and to demolish old buildings that have been substituted by modern condos. The city-centre and some stretches of the promenade are being transformed into a little Miami. Ther Town Council has approved about a hundred building projects between Sabbiadoro and Pineta. Most of them have already been implemented; some others will be carried out shortly by using the best building materials available.
What about prices? The prices of newly-built and renovated homes range from 4000 to 6500 euros per square metre. Old houses in good state of preservation cost from 2500 to 3500 euros per square metre. Dwellings in need of renovation have a price ranging from 1500 to 3500 euros per square metre. The price, of course, depends on the location of the property and on the distance from the sea, from the presence of a garage space or a parking lot and last but not least from the presence of a condominial swimming pool.
Prices of apartments in the new towers and buildings start from 5000 euros per square metre. The price for a penthouse, instead, is over 10 thousand euros per square metre. Penthouses are the first properties to be sold. It is also easy to find buyers interested in acquiring a flat on the ground floor: usually they are elderly people or people who love animals.
Read more about the Italian property market by clicking on the following links:
- Italy: prestige real estate properties for sale in Bormio
- The opportunities offered by the real estate market of Pollino National Park
- Mansards and lofts: Alternative housing solutions in Italy
Italy: Lignano Sabbiadoro is a golden-sand peninsula on the mouth of Tagliamento River. It is an important economic and tourist reality of Friuli Venezia Giulia – Italy’s most North-Eastern region – with four million arrivals each year. In the postwar period it was the destination of the first ...
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