Sold Santo Versace’s Villa del Platano in Milan, Advisor Coldwell Banker Commercial

28 July 2022

Villa del Platano, a prestigious residence owned by Santo Versace, has been sold at a record value, for the residential market, of 33.3 Mln/ € thanks to the Advisory of Coldwell Banker Commercial.

Purchased by an important private equity London fund, it will be the subject of further development with a unique project for Italy.

The villa, built between 1953 and 1954 to a design by the architects Carlo de Carli and Antonio Carminati, is located in via dei Giardini, one of the most beautiful and prestigious streets of Milan, a few steps from the Fashion District, has a commercial area of about 1,500 square meters, with panoramic terrace and private garden.

“It was a privilege to assist Dr. Santo Versace in this transaction of absolute relevance for the local real estate market” says Giuseppe Rojo, CEO of CB Commercial. “Working on the conversion of the asset is, very often, a strategic element to maximize its value and our team has been working for years in this perspective, recording significant successes.”