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Palazzo Ricci’s Fractional Ownership Residences to Debut in 2023

by Katie Skrzek

Oct 3, 2022

© Palazzo Ricci

Daily

Developer Viaggio Resorts soon debuts Palazzo Ricci in Abruzzo, Italy. Built in 1799, the palace is in restoration mode ahead of its 2023 debut. The project is being offered as a private residence club, fractional or co-ownership model.

studio

© Palazzo Ricci

 

The main palace features 14 separate residences across its five floors, ranging in size from 630 square feet to 2,000 square feet. These include one-, two- and three-bedroom residences, as well as penthouse and cottage residences. The palace’s ground-floor common area features a roman bath, lounge, pool table, big-screen television and library.

Palazzo

© Palazzo Ricci

 

The grounds boast 10,000 square feet of private gardens complete with secluded sitting areas, a swimming pool, fitness center, outdoor dining areas, built-in barbecues and fire pits, covered walkways and terraces. Palazzo Ricci’s hospitality staff assist with transportation, valet parking, luggage assistance, daily housekeeping, pre-arrival grocery delivery, personal storage and other concierge offerings.

 

Each owner enjoys a minimum of 5.5 weeks of vacation at Palazzo Ricci each year, with no cap on use. Owners also have access to a partnership with Elite Alliance Exchange Group, a global network of 135 private residence clubs providing exchange privileges with owners at other properties. If owners don’t want to use all reserved weeks of their residence, they may exchange the time for use at other Elite Alliance locations. Pricing starts at $100,000.

Palazzo

© Palazzo Ricci

 

Ahead of the debut, Viaggio Resort hosts experience tours for interested guests varying from Palazzo Ricci tours to excursions in the Abruzzo region.

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