Sardinia is the billionaires playground of the world. It was Karim Aga Khan who first discovered the beauty of the Costa Esmeralda and made it his summer retreat.
Qatar Holding Co. has opened a new investment avenue in Italy following its takeover of the Italian Smeralda Holding Co. from US-based Colony Capital, which owns one of the world’s most luxurious resort destinations. This step is considered a strong sign of Qatar Holding’s sound investment strategy.
Smeralda Holding owns various luxury tourism resorts in Costa Smeralda on the north of the Italian island of Sardinia. Qatar Holding stated in a press briefing that the agreement signed with the company will enable it to take control of a portfolio of four state-of-the-art hotels with a total of 372 rooms. The hotels are the Cala di Volpe, Pitrizza, Romazzino and Cervo.
Qatar Holdings has acquired the Porto Cervo Yacht Club, Porto Cervo Marina, and Pevero golf course, in addition to 2290 hectares of neighboring land.
Ahmad Mohamed Al-Sayed, Managing Director and Chief Executive Officer of Qatar Holding, expressed his company’s delight in making this deal. He announced his commitment to further develop Smeralda’s reputation in tourism, and to consolidate its position as one of the top tourist destinations in the world.
For his part, Colony Capital CEO Tom Barrack said that Smeralda is now in the hands of one of the world’s most respected and competent companies, which possesses extensive experience in the area of investment.
“We have invested in Sardinia given the importance of the area,” Qatar’s Emir, Sheikh Hamad bin Khalifa Al Thani, said at a news conference in Rome with Italian Prime Minister Mario Monti. “I can ensure that the Italian side will be happy about our investment.”
The Super Yacht Al Mirqab is owned by Sheikh Hamad bin Khalifa Al Thani
The Perini Navi Cup, an annual super-luxe regatta in Sardinia dedicated to the world’s most stylish sailing superyachts built by the famed Italian boatyard Perini Navi, is gearing up for its biggest year ever with an extra day of racing and help from some big-name sponsors.
Hundreds of millions of dollars worth of yachts, from the megabucks Maltese Falcon to the Lord Foster-designed Panthalassa and founder Fabio Perini’s own Elettra compete for the top prize under the auspices of the ultra-exclusive Yacht Club Costa Smeralda.
The event is a yearly event normally it start in the beginning of September in the waters around Porto Cervo, big ticket sponsors include Rolex,Audi and Champagne Pommery.
Some famous, rich or well known owners of Sardinia Property include.
Villa Rocky Ram is a seafront Property in Romatstsino Costa Smeralda the owner is Mr. Carlo de Benedetti, he sold the Property for €110 million to a Russian, it has been rumored its was Alexei Mordashov, but his company say this is not true.
However the Mansion Bay Cunha a few kilometers from Porto Rotondo is owned by Alexei Mordashov, Ural steel king and Billioniare he paid 13 million Euros for the Property which used to belong to the Ferrari family. Mordashov do not own a yacht.
Russian Billionaire and vodka king Roustam Tariko in 2004 bought a villa from Veronica Lario ex wife of former Italian Prime Minister Silvio Berlusconi, for €15 million.
Tariko’s custom-made, 56meter / 185-foot Bennetti yacht, is called the AnnaEva, after his twin daughters.He also have a younger son named Roustam Tariko jr.
The summer residence of Italy’s prime minister and billionaire Silvio Berlusconi on the island of Sardinia. The house, named Villa Certosa, has a amphitheatre and a remote control waterfall!
A lawyer for Italian billionaire Silvio Berlusconi said on Wednesday the former prime minister’s Sardinian villa was not being sold to Russian buyers, the Ansa news agency reported.
“Villa Certosa is not for sale and there are no deals going on,” said Niccolo Ghedini.
Earlier on Wednesday the right-wing Libero daily said a Russian magnate was ready to spend 470 million euros on the property.
Ghedini said the report “lacked any truth”.
The 4,500-square-meter villa sits on 120 hectares of private land and features, among other amenities, an artificial lake and volcano.
Berlusconi has reportedly been looking for a buyer since 2009, after a paparazzi photographer took 7,000 pictures of a private party at the villa involving bare-breasted young ladies.
Rumors in late 2009 that Abu Dhabi’s crown prince was ready to snap up the villa for some 450 million euros were later denied.
2000m2 Villa Le Walchirie located in Porto Cervos is owned by Russian Billionaire Oleg Deripaska, he bought it from Mario Prete who at the time was the CEO of Microsoft Italy. The entrance to the villa has a Bronze sculpture worth 250.000 Euro and priceless French Art on the walls.
Emir Al Sheik - Villa Arcu De Chelu in Sardinia, has a spectacular view to his own private beach and has recently gone through a major reform.
Roman Abramowitsch should have offered 32 Millionen Euro for a Property by the Hotel „Cala di Volpe“ but his spokesman John Mann has refused this, with the words “Roman Abramowitsch do not own a Property in Italy”
Alisher Usmanov own 3 Properties he bought form Aga Khan. One is Villa Capaccia in Romazzino, the 2nd and 3rd are in Bay of Pevero – Villa Cormorano and Villa Pedra.
Alisher Usmanov Super Yacht Dilbar
Ada Bertarelli´s, sister of Ernesto Bertarelli has a Property in Sardinia.
Kirill Yakubovskiy one of the founders of Expobank have a Villa by ”Liscia di Vacca”
Porto Rotondo (above) and Liscia di Vacca beach (under neath) Porto Cervo area North of Sardinia
Russian Billioniare Vladislav Doronin has been seen there many times onboard a yacht with his girlfriend Naomi Campell in Sardinia but latest news are the prefer to buy a permant home in the south of Ibiza.
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The World´s 10 most expensive streets
1. Severn Road , Hong Kong
Average cost per square foot: $78,200
According to the Wall Street Journal report, Severn Road in Hong Kong is now the most expensive street in the world. Despite seeing rates fall by as much as 72% during the recession, the wealthy residents of this luxury area successfully drove prices back up, helping to secure their prestigious title for the second year running.
2. Kensington Palace Gardens
Average cost per square foot: $76,600
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Nick-named “Billionaires Row” due to its grand mansions, this very exclusive street can be found in West Central London. With a list of residents that reads more like a who-who of the VIP world the newly-married Duke and Duchess of Cambridge, Prince William and Catherine, will soon be calling this street home. The royal couple will be well placed with neighbours such as the Sultan of Burnei and the UK’s richest man, Lakshmi Mittal who lives in a mansion dubbed the Taj Mittal.
3. Avenue Princesse Grace, Monte-Carlo, Monaco
Average cost per square foot: $69,700
The most famous of all the billionaire playgrounds, Avenue Princess Grace is suitably named after the true-life fairy tale princess Grace Kelly. Despite the demand for real-estate dropping in recent years, this affluent area still attracts some of the world’s richest people seeking out there classy casinos and Formula 1 Grand Prix racing.
4. Chemin de Saint-Hospice, Saint-Jean-Cap-Ferrat
Average cost per square foot: $62,700
Set far away from the average holiday-goer Chemin de Saint-Hospice, Saint-Jean-Cap-Ferrat, France is a hotspot for European aristocracy and international jet-setters. Expect to find lashings of sun, sea and cash in this golden get-away.
5. Fifth Avenue, New York City
Average cost per square foot: $62,700
Nestled in the city that never sleeps, fifth avenue boasts some of the priciest real estate in the world. It’s not just the properties that bring the rich flocking. Fifth Avenue is home to an array of luxury shops includingGucci, Tiffany’s, Versace and Prada, to name but a few.
6. Quai Anatole, Paris
Average cost per square foot: $44,600
Paris is not just the city of romance, it also harbours Quai Antole, the elite neighbourhood for the super-rich. It’s gorgeous architecture and views of the River Seine Paris have all contributed to it’s ever growing property prices.
7. Rue Bellot, Geneva
Average cost per square foot: $43,000
With strict regulations around who can and cannot live Rue Bellot, there is a big demand for apartments in this secluded neighbourhood. This has all contributed to sky-high increase in property prices, turning this peaceful area in to one of the richest streets in the world.
8. Via Romazzino, Porto Cervo, Sardinia
Average cost per square foot: $23,700
With Italian and Russian billionaires as well as celebrities from around the globe all choosing Via Romazzino, Porto Cervo in Sardinia to purchase vacation homes, there is a constant stream of paparazzi ever hoping to snap the classy residents of the expensive street.
9. Wolseley Road, Point Piper
Average cost per square foot: $20,900
For a long time now Wolsely Road in Sydney has been one of Australia’s most expensive addresses. With recent purchases by Andrew Banks, co-founder of Morgan and Banks investments (worth $53mn) real estate prices have crept ever higher. Out of the 100 most expensive properties in all of Australia, 16 are found on Wolseley Road.
10. Ostozhenka, Moscow
Average cost per square foot: $18,000
Located on the banks of the Moscow River, Ostozhenka also known as the Golden mile is home to many Russian billionaires. If living on this impressive street ever gets tedious for their rich residents then they only have a short walk to the luxury shops, fine dining and cultural wonders.
At one square foot costing more than many earn in a year, it may be some time until you can afford one of these super-expensive addresses. With Kensington Place gardens hot on the heels of Severn Street, Hong Kong, will they manage to hold on to their top title for a third year? Time will tell.
Source: Overseas Property Mall
All around the globe travelers continue to be awed and amazed by the jaw-dropping rates of some of the world’s most expensive hotels– and you may be surprised to learn that there are quite a few of them. These deluxe accommodations come with larger-than-life price-tags, but after you read-on you’ll understand why.
Here are some of the world’s most expensive hotels:
1. Hotel President Wilson — Geneva, Switzerland
The Hotel President Wilson in Geneva, Switzerland earns the number one spot for world’s most expensive hotels. At a whopping $65,000 per night guests of this elegant hotel can stay in its Royal Penthouse Suite and experience true luxury at its best.
2. Palms Casino Resort — Las Vegas Nevada
The Palms Casino Resort is one of Vega’s finest destination hotels, and known for its spectacular fantasy suites. The Hugh Hefner Sky Villa at the Palms offers guests a hotel experience unlike any other. With a $40,000 per night rate, this gorgeous 2-floor villa features a glass elevator, several pop-up plasma televisions, and a terrace pool with a glass bottom that extends over the edge of the tower.
3. Hotel Martinez — Cannes, France
If you’ve got the money, Hotel Martinez will provide the palace. The hotel’s $35,000 per night Penthouse Suite comes with a breathtaking view of the Bay of Cannes and Lerins Islands and a private butler.
4. Four Seasons Hotel — New York, New York
New York City is no stranger to expensive hotels, and the Four Seasons Hotel overlooking Central Park is no exception. Its Ty Warner Penthouse Suite doesn’t come with a $35,000 per night rate for nothing. This stunning suite has 9 rooms, cathedral ceilings, a private library, and unforgettable views of the city.
5. Hotel Cala di Volpe — Costa Smeralda, Italy
Noted as one of the world’s best places to stay in the popular travel magazine, Conde Nast Traveler, the Hotel Cala di Volpe in Italy offers top-notch accommodations in a scenic setting. A night in their Presidential Suite runs approximately $34,000 a night– and guests will be nothing but impressed. The size of a large home, this suite features a private swimming pool on its rooftop and a its very own wine cellar stocked with rare and vintage wines.
6. The Setai — South Beach — Miami, Florida
The Setai offers a number of different suite options to choose from, and its most expensive one is its Penthouse Suite. This dazzling suite features 4 bedrooms, 4 bathrooms, a roof-top eternity pool, a private butler, and an enormous $30,000 per night rate.
7. Crown Towers — Melbourne, Australia
If you’re looking for over-the-top accommodations down under, you can find them at the beautiful Crown Towers in Melbourne. Guests of the Crown can opt for royalty-approved accommodations in either a Presidential Villa or a Chairman’s Villa, starting at about $27,500 a night. These villas come with state-of-the-art technology, deluxe furnishings, and ’round the clock butler service.
8. The Ritz-Carlton — Tokyo, Japan
For $25,000 a night guests of The Ritz-Carlton can rest and rejuvenate in the Presidential Suite on the 53rdfloor of the hotel. Along with extravagant furnishings the suite offers its tenants a glorious view of Tokyo and the famous Mount Fuji.
9. The Atlantis — Paradise Island, Bahamas
There is no shortage of accommodations options at The Atlantis Resort in Paradise Island– the Beach Towers, Coral Towers, Royal Towers, The Cove, and The Reef have something for just about everyone. If you’re looking for the ultimate in luxury, though, you may want to check out the Bridge Suite in the Royal Towers. $22,000 a night will give you 10 incredible rooms complete with ultra-chic furnishings including a 22-karat gold chandelier, a private service staff of 7, and a priceless view of one of the most beautiful places on Earth.
10. Burj Al-Arab Hotel — Dubai, UAE
Some of the most splendid hotels in the world can be found in the Middle East, and one of the most lavish is the Burj Al-Arab Hotel in Dubai. A night in the Royal Suite can cost upwards of $19,000, but along with it comes a gorgeous view of the Arabian Sea and an indulgent stay of a lifetime.
Accommodations such as these for most people are nothing more than a faraway dream, but fascinating nonetheless. However, if you one day find yourself with bottomless pockets, reservations at an expensive hotel like one of these could turn quickly from a dream to reality.