Russian investment in one of the Tuscan coast’s most beautiful villas. Villa Godilonda, a historic building with large adjacent park, rises on cliffs above the sea at Castiglioncello in the Livorno province. And this is just the most recent example of the type of interest the distinguished Tuscan real estate assets hold for international investors, especially those from Eastern Europe. Just this April, Villa Pontello (also in Castiglioncello) was sold to a Russian buyer for approximately €7 million. Also in Livorno, Villa Corcos – previously owned by Livorno’s own portraitist Vittorio Corcos and later by Roman actor Alberto Sordi – is now looking for a buyer at fifteen million.

A few weeks ago, however, it was time for Villa Godilonda to change hands for 6 million. The works to restructure the compound should start soon, turning the structure into an extra-luxury hotel rendered more attractive by one of Tuscany’s most famous seaside locations.

After having become famous for hosting Gabriele D’Annunzio (poet from the Marches regions) at the beginning of the nineteen hundreds, the villa has served as the summer residence for the Bulgari jewelers family, and then turning, in the 1980’s, into a hotel frequented by the most sought out individuals from the world of Italian cinema. Over the past seven years, the structure has not been utilized, but it will soon be ready for its revival due to the arrival of Russian capital. The villa is constituted of the main building, with 28 rooms measuring 1700 sq m, a winter garden, and a spa area for saunas, massages, and Turkish baths. An eleven thousand square meter park and a private beach complete the property, which also offers the possibility of building a heliport. 
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