At Large  January 15, 2025  Carlota Gamboa

Locals Outraged Over Sotheby's Sale of Historic Island

Wikimedia Commons

Capo Miseno, Punta Pennata, Miliscola Beach, and Capo Miseno, 2015. License

Sotheby's listing of a small and historic island off the coast of central Naples has received quite a bit of backlash from locals this week. The islet, Punta Pennata, is located in the crystalline waters of Bacoli, a fishing town within the Campanian volcanic arc. As is stated on Sotheby’s website, the island is “surrounded by lush Mediterranean vegetation and Roman relics, offering a fascinating and unique retreat.” 

However, locals— including the mayor of Bacoli— believe that the archeological treasures surrounding Punta Pennata would be better suited as public land rather than private property. 

Wikimedia Commons

Looking east on Boston Post Road in Larchmont, New York at Sotheby's International Realty, 2008. License

Not only is the island surrounded by the underwater ruins of Baiae, a once-thriving resort location for wealthy Romans, but it also holds the remains of the ancient military port that Pliny the Elder left from when he attempted to rescue survivors during Mount Vesuvius' AD79 eruption. 

In a statement shared via Facebook, Bacoli’s Mayor, Josi Della Ragione, expressed his intentions of obtaining the land with public funds and turning the island into a park. “Let’s take it back!” He shared on the social media platform. 

“It is our paradise on Earth… To the people of Bacoli, to the people of Phlegre, we have a challenge to win, together. Punta Pennata will become the most beautiful and largest public park in Bacoli.” 

Though the final price of the property has not been listed by Sotheby’s, Della Ragione has estimated the island’s cost to be somewhere around €5 million, and is willing to pay it, but would seek out assistance from Campania’s regional authorities or the national government if need-be. 

Wikimedia Commons, Stieler, Karl; Cavagna Sangiuliani di Gualdana, Antonio, former owner; IU-R Paulus, Eduard; Kaden, Woldemar; Trollope, Frances Eleanor;Trollope, Thomas Adolphus

Italy from the Alps to Mount Etna (1877). License

“We have contacted the agency and said we would like to buy it,” Della Ragione said in a separate statement to The Guardian. “It is an integral part of our local history, of the scenery. It is a peaceful, uncontaminated spot and we want to protect it. There are also lots of restrictions on what can be done on the island and so it most definitely cannot be used for economic gain.” The island was once attached to the mainland as a peninsula, but was separated during a tidal surge in 1966. 

Della Ragione, who has compared Punta Pennata to Peter Pan’s home of Neverland, has been transparent about his hopes of turning the island into a kind of “open air museum,” arguing it “could be used by school children to study the environment.” 

“Either way,” he says, “we must deliver it to the public. It must not be sold to a speculator.” As of right now, Punta Pennata is being sold to the highest bidder by an anonymous seller. 

About the Author

Carlota Gamboa

Carlota Gamboa is an art writer based in Los Angeles.

Subscribe to our free e-letter!

Webform
Art and Object Marketplace - A Curated Art Marketplace