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Brendan Blumer acquires a luxury villa in Sardinia for 170 million euros
One of the most significant real estate transactions in recent years involved Brendan Blumer, a well-known entrepreneur in the cryptocurrency sector and CEO of Block.one, the company behind Vaulta (formerly known as EOS Network). According to local sources, Blumer completed the acquisition of an exclusive property in Romazzino, Costa Smeralda, for nearly 170 million euros, making it one of the most important deals in the Italian real estate market.
A record-breaking purchase in the Sardinian market
This real estate deal is extraordinary: only the famous Villa Certosa has had a higher valuation in Sardinian real estate history. Brendan Blumer managed to identify and acquire one of the most prestigious properties in Costa Smeralda, a globally renowned area known for the exclusivity and prestige of its residences. The villa has a fascinating history: it was previously owned by Ahmed Zaki Yamani, a historic figure who served as Saudi Arabia’s Minister of Petroleum, adding further prestige and notoriety to the property.
The exclusive property: size and features
The residence acquired by Brendan Blumer is a masterpiece of luxury and refinement. The property spans a total area of 2.3 hectares with 350 meters of coastline facing the sea. The main building includes 28 bedrooms and 35 bathrooms, along with common areas featuring large terraces with panoramic views. The structure also offers two private beach entrances, two exclusive docks for sea access, three swimming pools of different sizes, and a landscaped garden of approximately 23,000 square meters equipped with all necessary support facilities.
A globally significant investment in the real estate market
The acquisition by Brendan Blumer demonstrates the growing interest of high-profile entrepreneurs from the tech and financial sectors in the Italian real estate market, especially in the most exclusive destinations like Sardinia. This transaction not only sets a record in Sardinia but also ranks among the most significant real estate investments across Italy, highlighting the exceptional value of the property and Italy’s ability to attract large international capital.