Mys­tery US ty­coon buys Frescobaldi pile

Evening Standard - West End Final Extra - ES Homes and Property - - News -

A PRES­TI­GIOUS es­tate in Tus­cany, owned by the Ital­ian fam­ily be­hind Ris­torante Frescobaldi in May­fair, has been pur­chased by a mys­tery Amer­i­can ty­coon.

The Frescobaldis, Italy’s old­est and most re­spected wine dy­nasty, sold the ma­jes­tic Villa Bib­biani, above, for £8.7 mil­lion.

The buyer plans to in­vest the same fig­ure again on ren­o­va­tion and new busi­ness op­por­tu­ni­ties. Agents Lionard Lux­ury Real Es­tate say this fol­lows a pop­u­lar trend for US en­trepreneurs who are seek­ing prop­er­ties in Italy.

The 940-acre es­tate in­cludes the spec­tac­u­lar villa with two tow­ers plus a farm with houses, along with sta­bles, a 19th-cen­tury botan­i­cal gar­den with ori­en­tal plants and a ro­man­tic park. The stun­ning re­treat is also equipped with cel­lars for olive oil and wine pro­duc­tion. Bel­lis­simo!

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