Just a few months after listing his oceanfront Malibu residence, billionaire investor Howard Marks is offering a pair of neighboring vacation villas on Mallorca’s coveted Formentor peninsula. The Oaktree Capital Management cofounder and his wife, Nancy, have owned La Posada and Sa Punta for more than a decade, using the adjoining properties as holiday retreats.
Located near the recently reopened Four Seasons Resort Mallorca at Formentor, the two homes are being offered together for 62 million euros (about $70 million) or separately, with La Posada priced at 46 million euros (about $52 million) and Sa Punta at 16 million euros (about $18 million).
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Michael S. Smith redesigned the interiors of La Posada with a relaxed Mediterranean aesthetic.
Jan Marc Alberding, VIDA Studios
