Italian fashion designer Donatella Versace has reportedly bought a listed villa in northern Italy for an estimated $ 5.3 million.
The extensive property, which once belonged to the Italian publisher Arnoldo Mondadori (founder of the country’s largest publisher), extends over 15,000 square meters and houses a total of 50 rooms, 20 cabins and 12 bathrooms.
The palace-like property, lovingly known as Villa Mondadori, is located in the town of Meina in Piedmont and offers a view of the beautiful Lake Maggiore. Like its more famous sibling Como Lake, the region is also home to many wealthy people from all over the world.
Versace has a reported net worth of $ 200 million, so this latest investment seems to be a drop in the bucket for Gianni Versace’s sister. Last year, Michael Kors Holdings also bought Versace for $ 2.12 billion.
According to history books, the retreat by the lake hosted some of the most famous 20th century authors, including Ernest Hemingway and Thomas Mann.
Many of these guests would leave their mark by signing the house’s main fireplace, which can still be seen today.
Many of the rooms offer uninterrupted views of Lake Maggiore and the nearby mountains.
The four-story villa, painted pink on the outside, has retained an old world charm from the 1920s despite repeated renovations over the years to keep it fresh.
For years the villa was rented to tourists as a bed and breakfast for several hundred euros.
To top it off, the house also offers an immaculately manicured garden, a large swimming pool and a soccer field.
In winter there is always a snooker table where blood flows and temperatures rise.
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