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Rome villa with Caravaggio's only ceiling painting - auction up-date

Published: 19/01/2022 By The Abode Team

The sale of a 16th century villa in Rome containing the only ceiling mural ever painted by the Italian master Caravaggio has been rescheduled and the asking price reduced by 20% after an auction on Tuesday failed to attract any bids.

Villa Aurora was put on the market for €471m (£393m) amid a bitter inheritance dispute between the three sons of the villa’s last owner, the late Prince Nicolò Boncompagni Ludovisi, and his American-born wife, Princess Rita Boncompagni Ludovisi. Bidders had to register their offers before midnight on Monday ahead of an online auction on Tuesday afternoon. Beniamino Milioto, a lawyer for the princess, confirmed there were no offers and that the auction had been rescheduled for 7 April with a 20% reduction in price.

Just off to check the money-box......