The iconic Villa Certosa has officially changed hands. The legendary Costa Smeralda estate, long owned by the late Italian prime minister and media tycoon Silvio Berlusconi, is being acquired by a company tied to Qatar\u2019s royal family. Local market reports indicate that Sheikh Jassim bin Hamad al Thani\u2019s Constellation Hotels Holding Ltd secured the legendary Porto Rotondo property for a staggering 350 million euros, equivalent to roughly 395 million dollars.
Fininvest, the Milanese holding company that manages the Berlusconi family empire, confirmed that a binding offer from an international buyer had been formally accepted, though they declined to elaborate on the specific identity of the purchaser.
For the Milanese high society and real estate world, this transaction represents the end of an era. Berlusconi, who passed away in 2023, was the ultimate symbol of Milan\u2019s hard-charging business elite, seamlessly blending television networks, national politics, and high-stakes property development. Villa Certosa served as the ultimate playground for this empire, famously hosting his notorious parties and serving as a secure, ultra-luxury retreat away from the boardroom pressures of Milan.
From a luxury real estate perspective, the estate is an absolute trophy asset without equal in the Mediterranean basin. Sprawling across approximately 120 hectares of prime coastal land, the compound features multiple residences containing a combined 126 rooms. The grounds are designed with extreme theatricality, boasting several swimming pools, a private amphitheater, a massive botanical cactus garden, and an artificial volcano engineered to erupt during events. For high-profile guests requiring total privacy, the estate even features a subterranean grotto that allows boats to enter and dock completely undetected from the air or sea.
Over the decades, the villa functioned as an informal diplomatic hub, welcoming world leaders, international billionaires, and celebrities. Russian President Vladimir Putin was a frequent visitor, even sending his daughters to summer at the compound. Former British Prime Minister Tony Blair and his wife Cherie also vacationed at the retreat. The property was so central to international intrigue that it frequently drew intense paparazzi scrutiny, most notably when Spanish media published clandestine photos of foreign dignitaries on the grounds.
This massive divestment is part of a broader, calculated strategy by Berlusconi\u2019s five heirs to streamline the expansive real estate portfolio managed out of Milan. While Villa Certosa has been the subject of quiet market rumors for years, attracting interest from Russian oligarchs, Chinese tycoons, and Saudi royals, it is the Qatari royal family that ultimately crossed the finish line to claim one of the most famous properties in modern Italian history. The iconic Villa Certosa has officially changed hands. The legendary Costa Smeralda estate, long owned by the late Italian prime minister and media tycoon Silvio Berlusconi, is being acquired by a company tied to Qatar\u2019s royal family. Local market reports indicate that Sheikh Jassim bin Hamad al Thani\u2019s Constellation Hotels Holding Ltd secured the legendary […]<\/p>\n","protected":false},"author":2,"featured_media":34851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[12,3449],"tags":[3432,3752,3642,3532,3452,3753],"class_list":["post-34852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-insights","category-milan-2","tag-columbus-international-2","tag-costa-smeralda","tag-qatar","tag-real-estate-milan-3","tag-real-estate-milan","tag-silvio-berlusconi","entry","has-media"],"acf":[],"yoast_head":"\n