Overview

• Multiple Italian outlets report that negotiations are in their final phase, though no closing date has been announced.
• The likely buyer is described as a wealthy Arab willing to pay just under €500 million, within a €300–€500 million range.
• Sotheby’s International Realty is managing the process in collaboration with Dubai-based Knight Castle Real Estate.
• Heirs to Silvio Berlusconi’s estate are not pressing to close quickly, according to local reporting.
• A sale at this valuation would set a record for Sardinia and count among the biggest private real-estate transactions in Italy.