28 Apr 2025 - Press Release
Yeldo expands into Sardinia's exclusive Luxury Real Estate Market
Yeldo expands into Sardinia's exclusive Luxury Real Estate Market
We are happy to announce the successfully financing of Arzachena, Sardinia, a mezzanine bond issue of €12 million, disbursed in three tranches throughout 2025, to support a project in the high-end residential and hospitality sector.
Yeldo structured a mezzanine bond issue for a value of €12 million, aimed at completing a gated community consisting of 42 high-end villas and a boutique hotel in the exclusive setting of the Gulf of Arzachena, with views of the La Maddalena archipelago and Baia Sardinia.
The project, with an overall value of approximately €50 million, includes the completion of 42 villas and a boutique hotel with 10 suites, a restaurant, a lounge bar, a beach club, and a SPA. The villas, all with sea views and ranging in size from 150 to 350 square meters, are distinguished by their high construction quality and exclusive features, including private pools, large covered terraces, and direct access to the sea and the beach club, positioning the project in the highest segment of the market. All building permits have already been obtained.
The sponsor of the operation is the Piras family, active for over thirty years in the development of high-level residential and hospitality real estate. With a consolidated presence in Sardinia, Lazio, and Umbria, they have completed several projects in the residential and hospitality sectors for a total area of over 260,000 square meters.
The real estate assets are located on the north-eastern coast of Sardinia, a destination easily accessible from Italy, Spain, France, and Germany, renowned for its sea, among the most beautiful in Europe, its vibrant nightlife, and a constantly expanding tourism sector.
These characteristics have driven the development of the Sardinian real estate market, especially in the luxury sector, as demonstrated by the fact that over half of the villas have already been sold to Italian and international clients. The asset is well connected to the main tourist resorts of the island, such as Porto Cervo, Porto Rotondo, and the Island of La Maddalena, and easily reachable thanks to its proximity to the Olbia airport and port, as well as the Golfo Aranci port.
Lorenzo Belloni, Chief Investment Officer of YELDO Group, stated: “With this operation in Costa Smeralda, Yeldo takes another important step in consolidating its position in the luxury real estate market, confirming its ability to enter high-level projects in prestigious locations. Sardinia, in fact, is among the top four Italian regions for demand for luxury homes from international buyers, and is experiencing a real estate market boom, fueled by its marvelous nature, which attracts a large number of visitors every year.”
Antonio Borgonovo, CEO and Founder of YELDO Group, commented: “At a time when traditional asset classes are suffering the impact of market volatility due to the complexity of the global economic and geopolitical context, we believe it is more important than ever to continue offering investors transactions characterized by high quality of the underlying assets and protection provided by the financial and contractual structure.”
