Gracious palace in the heart of Spoleto, one of the most beautiful towns of central Italy

One of Italy’s most loved regions, Umbria remains a desirable location for second-home owners. The attractions of owning Umbrian real estate are numerous: a stable property market, central location, peace, rural simplicity, history, art and culture. As well, some of Italy’s best property values are in Umbria, where buyers can get a home comparable to one in Tuscany for up to 30% less.

Famed for its jewel-like medieval hilltop towns and alluringly magical landscapes, the region pulls off the incredible trick of being adored by overseas holiday homeowners while remaining remarkably unspoilt. Life here offers a wonderful quality of life and an unbeatable opportunity to unwind.

Often referred to as the “Green Heart of Italy” and ”the next Tuscany”, the spellbinding charm of Umbria has been obvious for centuries. Setting the stage for the region are expansive views of sun-drenched rolling hills peppered with sunflowers, cypress trees, rows of olive trees and vineyards, woodlands and open fields.

Umbria also offers splendid lakes, nature reserves, glorious sunsets and impressive Italian architecture. Romanesque churches, Gothic cathedrals, basilicas and ancient palaces stand testament to the great artistic production that, from the 12th to the 14th centuries, gave Umbria its enduring masterpieces. They include Orvieto’s show-stopping cathedral and Assisi’s world-famous basilica. There are exhibitions, concerts and festivals that enjoy international recognition such as the Umbria Jazz Festival, Spoleto’s Festival dei 2 Mondi and the National Gallery of Umbria.

Umbria is also known for its gastronomy, famed for its olive oil which is considered by many to be Italy’s finest, and the legendary wines of Orvieto. Outside of Piemonte, Umbria is the only region where truffles are found in abundance; five varieties grow wild in the woods.

Nestled between Tuscany and Le Marche, the Mediterranean is less than 90 minutes to the west of the region and Rome and Florence are both within easy day-tripping distance, thanks to Umbria’s excellent road and rail connections.

Of course Umbria’s charms have not gone unnoticed. Many investors looking to buy property in Umbria are drawn to its delightfully picturesque, unspoilt hilltop towns that include Orvieto, Spoleto, Todi, Perugia and Assisi. Perhaps Umbria’s most charming town, Spoleto boasts entrancing medieval streets and superb Romanesque churches.

Here is a rare opportunity to acquire an imposing period residence situated in the heart of the historic centre of Spoleto, not far from the town’s photogenic Duomo.

The lyrical beauty of the setting is combined with the elegant architecture of the historic palace. Elegant and timeless, the palazzo has been returned to its former glory through meticulous restoration and features refined interiors with classic décor. There is a wealth of period detail in the high, coffered ceilings, exposed beams and classic parquet floors.

Although its origin dates back to the 13th century, when the first medieval city wall was erected, it was not until the 16th century that the aristocratic Leti family came to Spoleto and transformed the edifice into their private mansion. The elegant neo-classical façades and Italian gardens are an 18th-century addition.

Occupying 550m² of living space, the 12 bedrooms, all ensuite, are gracefully decorated with beautiful antiques, period paintings, chandeliers and exquisite textiles and drapes. All rooms enjoy views of Spoleto’s Sacred Mountain and Monteluco Valley.

The exclusive property enjoys an enchanting 500m² formal garden of manicured shrubs, flowering plants and palm trees, offering an idyllic haven. Situated amidst bucolic serenity, the grand residence comes with magnificent views of the valley and the scenic surroundings.

The unique property is an ideal spot for a boutique hotel but would also make a fantastic family home.

For those looking for the good life in Umbria, at a luxurious, exclusive and historic retreat, la bella vita awaits.