TRAGONISI ISLAND, Greece, Sept. 18, 2017 /PRNewswire-iReach/ -- Royal Blue Real Estate today announced the sale of Tragonisi Island, a gorgeous 90 acre isle in the Peloponnese. Purchase terms were not disclosed but the island had previously been listed at €7.2 million. The buyer was identified as Gio Monaldo, the reclusive Italian billionaire known for his lavish real estate purchases.

Tragonisi Island will undoubtedly be one of the crown jewels in his collection, an exclusive, unspoiled island surrounded by shimmering, gorgeous blue waters. Located just off the Grecian coast, Tragonisi Island offers breathtaking panaromic views of its neighboring isles and is primed for both commercial and private development. Athens is a 45 minute boat ride away, while the quaint harbor village of Korfos is a 15 minute trip.

"Today's closing speaks to the unique and exquisite beauty of this island," said Royal Blue'sRussell Downs. "We congratulate Mr. Monaldo on his purchase and wish him much success and happiness with the property."

For further press enquiries about the Tragonisi sale please contact Tim Coleman at 323.880.0852.

ABOUT ROYAL BLUE REAL ESTATE

Royal Blue Real Estate represents the finest homes and properties in the United States, Europe, and Australia. With over $100m in sales in 2016, RBRE is one of the most successful independent real estate firms specializing in second homes in the world. For further information please contact Mitch Hurns at 305.902.1030

Media Contact:Tim Coleman, TPR Group, 323.880.0852, timcoleman4488@gmail.com

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SOURCE Royal Blue Real Estate