_Invest in the renaissance of Palazzo Portinari Salviati – one of Florence's most important buildings
Every so often a prime city development launches that is just a little bit special. Eye-catching skyscrapers in New York, prestigious landmark addresses in London, we're used to seeing these innovative new builds or artful reinterpretations take shape around the world.
"It's no exaggeration to say that this project is a true one-off, a genuine once-in-a-lifetime opportunity to own a portion of one of the world's cultural epicentres."
However, in the historical Renaissance city of Florence, a development of this scale and quality, combined with its magical surroundings, world-renowned history and spectacular location, brings a new dimension to the idea of 'special'. It's no exaggeration to say that this project is a true one-off, a genuine once-in-a-lifetime opportunity to own a portion of one of the world's cultural epicentres.
History of the Palazzo Portinari Salviati
The Palazzo Portinari Salviati is one of the most important and renowned buildings in the history of Florence. It is truly a masterpiece and shining example of Florentine Renaissance architecture.
To explain its name, the building was constructed during the early 1400s by the Portinari family, a member of which was Beatrice, Dante's muse. It was purchased from the Portinari's in 1456 by Jacapo Salviati, husband of Lucrezia Medici of the House of Medici who ruled Florence and Tuscany for over two centuries, who enlarged and modified the existing building into what we can see today.
Yet, this only scratches the surface of the building's long and illustrious history. The owners, residents and guests throughout the years of the Palazzo Portinari Salviati all played key roles in the history and development of the city that is so often attributed as the birthplace of the Renaissance. Florence's popularity is enduring, drawing crowds from all over the world every year to marvel as its famous terracotta-roofed architecture, collections of Renaissance art, literary connections and, of course, Brunelleschi's iconic Duomo, which is a mere stone's throw from the Palazzo.
Palazzo Portinari Salviati is located in the beating heart of the city. It is one of the key centre points of the story of Florence throughout the centuries, and its former inhabitants are some of the main protagonists. Now, as the building faces its new chapter, a team of talented architects and designers (including Spagnulo & Partners luxury interior design) are reimaging spaces that honour its past, breathing new life into its foundations, and most importantly, allowing the future residents of the property to discover the people that coloured the history of Florence; from the man behind the commissioning of Michaelangelo's David to one of the closest confidants of Galileo Galilei.
About the restoration and new homes
Knight Frank are thrilled to be a part of the next stage of this story, offering 18 outstanding, fully-serviced apartments for sale.
Working closely with the developer, LDC Residences, we are pleased to announce that these apartments are now nearing completion and will be ready for use towards the end of 2021, meaning that prospective buyers are welcome to become involved in the finish of the apartments or simply to select from one of the three finish moods that the developer is proposing.
Above: Image CGI
The Palazzo Portinari Salviati is also home to a ‘Residenza d’Epoca’, with thirteen magnificent suites that form part of the LDC Hotels & Resorts offering around the world. As well as offering a complete management service for the individual owners, LDC Residences will happily include the apartments in their rental programme in order that they pay for themselves.
A home within the Palazzo also comes with the opportunity to become a member of the private club being launched in the building, called ‘Your Place in History’. The club offers its members several privileges and benefits as well as discounts on LDC Hotels around the world and use of a beautiful spa and pool in the original Roman basement of the building as well as the gym. There will also also be a shuttle service out to the LDC country club, Villa Ortaglia, a short drive outside Florence, where owners can enjoy the large swimming pool, a BBQ area and a tennis court.
Above: Image CGI
The apartments range in size from about 70 square metres up to about 185 square metres, with prices ranging from €700,000 to €2.75 million.
The show-stopper of the collection is the magnificent penthouse which is two units combined, sized at just over 400 square metres and priced at €8.5million, with two breath-taking terraces looking straight out to the Duomo.
This is a restoration project with conservation and sustainability at the forefront, with amenities and infrastructure offering the latest in energy efficiency, meaning that running costs will be kept to a minimum.
The apartments for sale also have their own dedicated entrance from Via dello Studio where there will be a concierge and porter during working hours.
It is now possible to visit the palazzo by appointment which is subject to local Covid-19 restrictions. Virtual viewings are available by request as are renderings and floor plans. For more information please contact Amy Redfern-Woods.