Sardinia is one of those rare luxury destinations in Italy that needs no introduction, only to be experienced and remembered. An island where breathtaking landscapes become part of your memory, where the scent of myrtle merges with crystal-clear turquoise waters, and where luxury is not an excess, but a form of refined harmony rooted in nature.
On its northeastern coast lies the legendary Costa Smeralda, a mosaic of perfect bays, iconic architecture, and an unmistakable international lifestyle. At its heart shines Porto Cervo, the jewel of the Mediterranean jet-set: one of Europe’s most prestigious marinas, haute couture boutiques, Michelin-star restaurants, iconic beach clubs, world-class sailing events, and a real estate market unlike any other.
Today, this region stands among Italy’s most exclusive luxury destinations and is expected to become one of the key global hotspots for high-end real estate investment in 2026.
The Luxury Waterfront Boom and Sardinia’s Global Leadership
2026 Italian Real Estate Starts in Porto Cervo
In recent months, international luxury real estate analysts have redrawn the global map of elite markets. One fact stands out above all: Sardinia is experiencing unprecedented growth.

According to JamesEdition:
- Sardinia records the highest growth in Italy for U.S. buyer demand (+36% year-over-year).
- The island alone captures 15.5% of total American interest, more than double many historically strong Italian regions.
- Costa Smeralda confirms itself as a global hotspot, with Porto Cervo and Porto Rotondo together attracting 5.2% of total U.S. demand.
Even more significant is the broader trend: waterfront properties dominate luxury investment strategies worldwide. Direct access to the sea has become the ultimate trophy asset, where lifestyle, privacy, and long-term value converge.
Dreamer Outlook 2026: Le Mete del Lusso da Tenere d’Occhio in Italia
Today, Mediterranean luxury investment is no longer driven solely by cultural heritage. It is shaped by lifestyle, exclusivity, privacy, and direct access to the sea. And in this arena, Costa Smeralda now rivals and often surpasses exclusive destinations such as Saint-Tropez and Cap-Ferrat.
Luxury in Costa Smeralda is a Story of Vision
Costa Smeralda was born from a bold and visionary idea. In the early 1960s, Prince Karim Aga Khan IV discovered this untouched coastline and immediately recognized its extraordinary potential. His goal was not simply to develop a resort, but to create a Mediterranean icon without precedent.
To achieve this, he enlisted visionary architects such as Jacques and Savin Couëlle, Luigi Vietti, and Michele Busiri Vici, who transformed the landscape into living architecture. Thus was born the unmistakable Costa Smeralda style: organic, fluid, sculpted into rock, wind, and light.
In 1962, the Costa Smeralda Consortium was established across nearly 5,000 hectares between Olbia and Arzachena. Its internationally acclaimed master plan introduced extremely strict architectural regulations decades before environmental protection laws existed, anticipating the modern concept of sustainable luxury.

Urban design echoed the idea of a timeless Mediterranean village: soft volumes, natural materials, earthy colors, total harmony with the land. The center became a hub of refined luxury commerce and never betrayed the authentic soul of Sardinia. Surrounding it all, the real protagonist remained the Gallura Mediterranean scrub, with its fragrances, wind-shaped rocks, and an astonishingly preserved landscape.
This discreet and revolutionary vision is what made Costa Smeralda one of the world’s most exclusive destinations: a rare example of luxury born from profound respect for its environment.
Since then, Porto Cervo has become synonymous with discreet exclusivity: a refined world where celebrities, entrepreneurs, and global collectors coexist away from the spotlight, protected by geography and history.
The Iconic Collection: A Dream Villa in Porto Cervo
Among the most extraordinary luxury villas for sale in Costa Smeralda, Dreamer presents an absolute masterpiece: a spectacular villa with private spa and pools in Porto Cervo, part of The Iconic Collection – a curated selection reserved for the rarest and most prestigious mansions in Italy.
Overlooking Cala di Volpe and the Pevero bay, the villa rises in one of the Mediterranean’s most investment-proof locations, where international demand consistently exceeds supply and property value shows exceptional long-term resilience.

The entrance opens into luminous, sculpted volumes. Elegant, tactile interiors flow seamlessly into outdoor spaces, while the sea becomes an architectural element, made of light, movement, and horizon.
With approximately 1,600 sqm spread across three levels, divided into two interconnected buildings via a subterranean passage, the villa offers extraordinary spatial balance between grandeur and privacy. The surrounding 6,500 sqm private park envelops the property in complete seclusion.
This villa is located in one of the most sought-after and scenic areas of the Costa Smeralda, just a few minutes from:
- Porto Cervo Marina, one of the most prestigious nautical hubs in the Mediterranean.
- Pevero Golf Club, the famous 18-hole course designed by Robert Trent Jones.
- Iconic beaches such as Cala di Volpe, Grande Pevero, and Liscia Ruja.
- Haute couture boutiques, gourmet dining, and exclusive beach clubs.
The Wellness Area and 3 Swimming Pools Overlooking the Sea
Three panoramic swimming pools, an indoor spa with gym and sauna, and a private cinema room: these are the villa’s distinctive features, offering resort-style amenities within a private property.
One of its three floors is entirely dedicated to wellness.

The private spa is a personal retreat where you can rejuvenate in total silence: treatment rooms and relaxation areas designed with a luxurious retreat atmosphere. Completing the picture is a gym equipped for training in complete privacy.
For evenings dedicated to entertainment, the villa has a private cinema room: a space that amplifies the concept of domestic comfort, ideal for screenings, events, or moments of conviviality.
Each room is designed to accompany the rhythms of those who seek a home that is a refuge, a space for entertaining, and a place for personal care.
The beating heart of the villa, which catches the eye and enchants those visiting for the first time, is the outdoor area. The park features panoramic swimming pools, and the dominant feeling is one of freedom. Of experiencing nature and enjoying an atmosphere that belongs only to this corner of Sardinia.
Iconic Features of the Property
- Elevated, dominant position in Porto Cervo.
- 3 panoramic swimming pools.
- Private spa with hammam, wellness areas, and a cinema room.
- Premium materials harmonised with the natural surroundings.
- Outdoor areas designed for entertaining, starlit dinners, and private contemplation.
Don’t miss the opportunity to discover this one-of-a-kind villa in Porto Cervo: a rare invitation into the most exclusive side of Costa Smeralda. Explore the Wonderful Villa with Spa and Pool in Porto Cervo.




























