According to the Italian press, the five children of Silvio Berlusconi want to sell a large part of the real estate of the Italian former prime minister, who died last June.

In more detail, the newspaper La Repubblica writes that in the first phase the heirs of the “Cavaliere” wish to sell the Villa Certosa, which is located in Porto Rotondo, Sardinia and, according to many estimates, is worth 260 million euros.

“Mr. TV” had bought this mansion in 1998 where, among others, former British Prime Minister Tony Blair, Russian President Vladimir Putin and former Czech Prime Minister Mirek Topolanek had spent part of their summer holidays.

“In this villa with artificial volcanoes and swimming pools, parties were organized with plenty of champagne, which lasted until dawn,” writes the Rome newspaper.

In total, the mansions inherited by the children of the Italian tycoon and politician are estimated to be worth around 800 million euros. Among the most impressive is the “Villa Grande”, on the historic Appian Way in Rome, where the well-known director Franco Zeffirelli lived for many years. In her garden and on the ground floor of the building many crucial meetings of the leaders of the Italian centre-right took place.

The “Cavaliere” properties also include a luxury residence located on the small island of Lampedusa, south of Sicily, as well as dozens of large apartments in expensive areas of Milan.

According to Il Messaggero newspaper, the only thing certain is that the 3,500 square meter Arcore villa, where Berlusconi spent most of his life, will not be sold under any circumstances.

After all, in Arcore – just outside the Italian co-capital – lives the last partner of the Italian flamboyant politician, the deputy of the “Forza Italia” party, Marta Fascina.