The Italian villa that inspired Pinocchio: AND THE BILLIONAIRE SQUARE

 

 

 

 

Wall-to-wall frescoes, baroque gardens and a butterfly house: The Italian villa that inspired Pinocchio goes on sale for £150MILLION The beautiful villa where Pinocchio author Carlo Lorenzini spent his childhood is on the market. Those interested in delving into the inspiration behind the world's most famous marionette, can buy the property for a mere £150million. Five-storey Villa Garzoni in Collodi, 65km from Florence, well known as 'Pinocchio’s villa', was built in 1600, boasts 40 bedrooms and measures 3,032 square metres. Inside, the main rooms are decorated with frescoes by renowned Italian artists, including Angelo Michele Colonna. The partially restored property is elevated above one the most spectacular Italian baroque gardens in the whole of the country. Lionard Luxury Real Estate, which is behind the sale, compare Villa Garzoni’s elaborate gardens, first imagined by the architect Diodati to those, at Versailles and Fontainbleau in France and Schonbrunn in Vienna, Austria. Created around 1650 for the Roman marquees Garzoni and completed more than 170 years, the garden, which is dotted with waterfalls and fountains is open to the public and features a Butterfly House, home to hundreds of tropical butterflies. The whole estate is shrouded in history, and attracts thousands of visitors each year, which is why Lionard is targeting a foreign market that 'understands the potential and invests in improving and increasing the touristic demand linked to the fable of Pinocchio'. +10 Looking to buy? The 5500 square metre estate, known as Villa Pinocchio, is on the market for around £150million +10 Quite roomy: The 3,032 square metre property consists of five floors and 40 bedrooms, not to mention sprawling gardens and butterflies +10 The partially restored property boasts one of the most spectacular Italian baroque gardens in the whole of the country +10 Ornate: Inside, the main rooms are decorated with frescoes by top Italian artists, including Angelo Michele Colonna +10 The property features beautiful tiered Baroque gardens which were first imagined by the architect Diodati +10 An insight into the past: Villa Garzoni was built in the mid-1600s and has 40 spacious bedrooms +10 The mansion is located in Collodi, a medieval town dating to the 12th Century and is typical of the villas of the Lucca province +10 Magnificent: The elaborate gardens were created in 1650 and were tended to by author Carlo Collodi¿s family members +10 The estate attracts thousands of visitors each year, which is why its sellers are targeting a foreign market +10 Ancient relics: The partially restored palace is just 65km Florence and is shrouded in history and fable

Belgrave Square in central London is one of Britain's most expensive addresses A majority of the owners of the properties on the square - 27 out of 30 - are foreign nationals Prices range from £7 million for a mere apartment up to an estimated £60million for a house From the outside,  elegant Belgrave Square appears exactly as it was when Thomas Cubitt first built its grand houses in the 1820s – exclusive, noble, expansive – and, famously the London home of the British aristocracy. But behind the opulent facades, a quiet social revolution has been taking place: most of the square’s grand mansions have now been bought by foreign multi-millionaires, including some whose wealth is so outrageously vast they are listed as billionaires. Using offshore companies to avoid scrutiny, and stamp duty, the international super-rich have been discreetly acquiring the capital’s trophy assets – making this, in the process, the richest residential square in the country.  +9 Expensive address: Most of Belgrave Square in London has now been bought by foreign multi-millionaires, including some whose wealth is so outrageously vast they are listed as billionaires A short car tour of the Belgrave Square and London area   The buyers are typical of the brash new money flooding into London, which hosts 72 billionaires – ten per cent of the world’s total –not to mention a growing number of super-rich worth £100  million or more. And they are paying hugely inflated prices for houses, ranging from £7  million for a mere apartment up to an estimated £60  million – for ‘homes’ which in many cases are rarely occupied. Last week it was reported that London has become the millionaire capital of the world per head of population, ahead of New York and Tokyo, based on analysis by the New World Wealth consultancy. The owners of Belgrave Square symbolise this new wealth. The majority are resident but non-domiciled which means they do not have to pay tax on their overseas income.  For this privilege they pay an annual fee of £50,000 – petty cash for an oligarch or tycoon. Despite prices now at £3,000 per sq ft, London remains the most attractive place for the foreign rich to park their money and educate their children. And they reside in a tiny enclave of which Belgrave Square is the epicentre. Dominated by embassies and consulates, there are fewer than 30 homes, but at least five of the owners are billionaires. Only three are owned by Britons, and few are occupied full time. At night it has a ghostly feel. Here we introduce some of  the more notable members of the residents’ association… +9 +9 +9 +9 +9 +9 +9       The dilapidated ivy-covered mansion which was used as a love nest by Laurence Olivier and Vivien Leigh is on the market for £7.5million. Sir Laurence bought the four-bedroom property in Chelsea, west London, to share with his new lover in 1937, after splitting from their respective spouses  following their secret affair. They moved into the home while working together on Fire Over England and christened the detached two-storey house, which they owned for 19 years, Durham Cottage. +6 Dilapidated: Durham Cottage, the former home of Laurence Olivier and Vivien Leigh in Chelsea, is on the market for £7.5m after failing to sell at auction yesterday +6 Ivy covered: The house has a garden covered in leaves and weeds but is being marketed by estate agents as a 'magical unmodernised house in the heart of Chelsea' But despite its romantic history - and being located in one of the most prestigious parts of London -  the property failed to sell at auction on Tuesday night. A petition on change.org set up by what has been called The Vivien Leigh Circle', which is calling for the property to be listed by English Heritage, said there had been a final bid of £6.9m.  The cottage, which is on the market with several estate agents, has a run-down garden which is covered in leaves and weeds, while the inside of the house also appears to be in a dilapidated state. As well as its four bedrooms, a reception room, a garage and two bathrooms, the house is set in its own grounds behind a stucco wall and pillared gates. +6 The property, which includes this run-down reception room, was run by the couple's small staff of a cook-housekeeper, Vivien Leigh's personal maid and a daily cleaner +6 Private: The house has four bedrooms, a reception room, a garage and two bathrooms and is set in its own grounds behind a stucco wall and pillared gates The former coachman’s cottage, which is described as agent Russell Simpson as a 'magical unmodernised house in the heart of Chelsea', was built in 1850 and bought by Sir Laurence for him and his lover to live in while they worked together for the first time on the 1937 film, Fire Over England. It was run by their small staff of a cook-housekeeper, Vivien Leigh’s personal maid and a daily cleaner. But speaking in 1954, the actress complained about 'drawbacks' to the inner city cottage. She said: 'It is in London and we’ve furnished it for our life here. It has a lot of drawbacks. +6 History: The former coachman's cottage was built in 1850 and bought by Sir Laurence for him and his lover to live in while they worked together for the first time 'Nobody visiting it would ever dream it could be inconvenient or that those ‘fascinating’ stairs winding around, with the landing forming a balcony in the drawing-room, could be a nuisance. 'Several years ago we built on the dining-room. Before that we used to eat in the entrance hall - you can imagine the drawbacks to that.' Sir Laurence and Vivien Olivier began an affair at the height of their careers, while married to other people. After initially concealing their relationship, they eventually split from their spouses and married in Santa Barbara, California, in 1940. +6 Laurence Olivier and Vivien Leigh began an affair at the height of their careers, while married to other people. After initially concealing their relationship, they eventually split from their partners and married in Santa Barbara, California, in 1940 Born in Darjeeling, India and educated in Europe, the actress won two Academy Awards for her roles in Gone with the Wind, made in 1939, and A Streetcar Named Desire, made in 1951. But she received almost as much attention for her personal life and relationship with Sir Laurence. The pair had a tumultuous relationship and Sir Laurence had affairs with other actress in the 1950s, including Claire Bloom, with whom he co-starred in Richard III. Olivier and Leigh divorced in December 1960 after which Sir Laurence married actress Joan Plowright. He died from renal failure at his home in Sussex in July 1989. He became one of just a few actors to be given the honour of his ashes being interred in Poets’ Corner in Westminster Abbey. Vivien Leigh - who was considered one of the most beautiful actresses of her day - began a relationship with the actor Jack Merivale after the divorce. She died in July 1967.