Middle Eastern Royalty Negotiating for Lavish 68-room Sardinian Estate, Will $541 Million be the Final Price?
Rumors are rife that former Italian Prime Minister Silvio Berlusconi is selling Villa Certosa, his lavish estate on Sardinia’s exclusive Costa Esmeralda, to Saudi Arabian royalty for $541 million. The estate sprawls over 296 acres and features 68 rooms, six swimming pools, an underground grotto where small boats can dock, an amphitheater, and a man-made volcano that erupts on command.
Arabian Business reports that Saudi Arabian Prime Minister, Prince Mohammed bin Nayef, is buying the property on behalf of his uncle King Salman bin Abdulaziz Al Saud.
Italian daily Corriere della Sera previously reported that Berlusconi was seeking $552 million for the secluded Mediterranean estate, which became a symbol of his flamboyant lifestyle during his years in power.