A villa that is part of a piece of Gallura's history has officially changed hands . Porto San Paolo returns to the center of real estate transactions in Sardinia with the sale of Villa Joy, a historic residence overlooking the island of Tavolara, the subject of a complex transaction of great economic and symbolic value . The transaction, which concluded after nearly a year of negotiations, exceeded €10 million and marks a new chapter for one of the most iconic properties on the Gallura coast.

Built in the late 1960s, Villa Joy became the property of entrepreneur Peppino Leone, a prominent figure in the Italian and international business world, in the early 1970s . Leone owned the property for over fifty years, transforming it into a symbolic place not only for its privileged location facing Tavolara, but also for its sentimental value. The villa's name, in fact, is a tribute to his son, Joy, to whom Leone was deeply attached. This strong family bond endured throughout the entrepreneur's life, and he passed away just months after the closing of the transaction.

The buyer is Tavolara Bay, a company controlled by the Brazilian real estate holding company Jhsf Capital , based in São Paulo and led by real estate developer José Auriemo Neto. The company also includes Alberto Biancu and Ezio Simonelli, current president of the Serie A league.


THE VILLA – Never rented out, except for the wedding of an Arab prince, the villa's unique features include a saltwater swimming pool built in the 1960s on natural rocks. The estate offers direct access to two of Porto San Paolo's most beautiful beaches, which overlook Tavolara Island. Over the years, yachts belonging to Steven Spielberg, Bill Gates, and many other tycoons have docked in front of the villa. The Brilas real estate agency handled the sale and negotiations, closing with the Brazilian group.

(Unioneonline)

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