Monday, May 14, 2012

Wealthy Buyers Seek Properties With A History

Properties now listed by Engel & Völkers includes Schloss Neiderweis, an 18th-century German palace that stands on 12 hectares. Engel & Völkers

More Than Opulence, Wealthy Buyers Seek History -- New York Times

When the global tour operator Tui decided to develop a residential resort in Italy, it considered a historic site to be the obvious choice.

“Tuscany is the heart of historic Europe,” said Martin Schlüter, the managing director of Castelfalfi, Tui’s new resort located 63 kilometers, or 39 miles, from Florence. “Property buyers and visitors who are attracted to Italy, and Tuscany in particular, like the atmosphere of a historic, traditional village.”

Castelfalfi is an original medieval borgo, or village. The site, covering 1,100 hectares, or 2,718 acres, is now owned by Tui, and the company is renovating the old houses, streets and castle into a high-end residential and leisure resort at a cost of €250 million, or $325 million.

Read more
....

My Comment: History is something that Europe definitely has a lot of.

No comments:

Post a Comment