Silvio Berlusconi’s Sardinian seaside estate is hitting the market at €500m.
The five children of Italy’s late former prime minister have agreed to sell the asset, which will be privately marketed by Milan-based real estate adviser Dils.
The real estate tycoon turned media mogul and politician bought the 110-hectare estate on the island’s north eastern coast, known as Costa Smeralda, in the late 1980s.
He refurbished it to create a 68-room palace, with direct access to the Mediterranean, multiple swimming pools, tennis courts, gardens the size of 80 football fields and an amphitheatre.
Possible buyers include Emirati, Saudi, Indian and US billionaires. Dils will contact potential buyers directly and there will be no public advertising of the property.
The estate was valued in 2021 at €260m.
